Texas Instruments Denies Firing Staff as Shanghai Microcontroller Unit Disbanded

What’s new: American semiconductor giant Texas Instruments Inc. said Sunday it has not fired any employees in China, but in a statement to Caixin it did not deny reports it has disbanded its Shanghai microcontroller (MCU) research and development unit.

The firm also did not deny it had issued dozens of staff in the Shanghai MCU team an ultimatum: accept a transfer to a different product line, or resign without compensation.