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Chipmaker Nexperia Says Ousted CEO Spreading ‘Falsehoods’

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Chipmaker Nexperia has accused its ousted chief executive officer of spreading “falsehoods” that it is now operating independently in China, as fallout from the Dutch government seizing control of the company continues.

The company accused Zhang Xuezheng in a statement on Monday of “unauthorized actions” after his suspension by a Dutch court.

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