Innosilicon responded to the "JCET statement boycotting Innosilicon's commercial fraud and blackmail": spreading false information to discredit the plaintiff

According to BlockBeats, on May 2, the official Weibo account of Innosilicon released an announcement in response to the case of Changdian Technology refusing to pay for goods yesterday. Innosilicon issued an announcement to resist illegal commercial fraud and blackmail. In the announcement, Innosilicon stated that Changdian deliberately avoided the fact that the packaging quality problem in 2018 caused significant losses to customers and filed a case as a defendant, spread false information to discredit the plaintiff, intending to affect normal litigation activities and seriously infringe on the reputation of Innosilicon.

Image source: CoreMotion official blog

According to the announcement, Innosilicon stated in the announcement that after discovering serious quality problems in March 2018, it immediately reported them to Changdian Technology and issued a test report, and repeatedly asked Changdian Technology to compensate and resolve the problem. Changdian Technology initially cooperated with the negotiations, and the relevant personnel immediately admitted that there were reliability problems with the package, and proposed a temporary solution of non-standard medium and low temperature solder paste in the industry to reduce the probability of package reliability problems. A team of more than ten people was sent to visit and apologize, and agreed to report to the senior management to negotiate with Innosilicon as soon as possible the amount of compensation for the losses that have been caused.

The announcement stated that during the same period, Changdian Technology was engaged in similar packaging business, and it was not only Innosilicon that had major quality problems such as substrate delamination and pin cracks, and commercial and payment disputes. Because of this, from March to June 2018, when Innosilicon was waiting for a compensation plan and did not continue to pay, Changdian knew it was in the wrong and did not stop shipping. However, in June 2018, after Changdian Technology suddenly seized a large number of wafers and chips, it began to shirk responsibility and avoid normal compensation negotiations with Innosilicon. Innosilicon has repeatedly urged to solve the problem in the past two years, but Changdian refused to come forward.

According to reports, on May 1, regarding the lawsuit filed by Innosilicon for "quality claims" by Changdian Technology, Changdian Technology stated that Innosilicon has illegally obtained payment credit by forging false business documents since 2017 through a very complex business transaction structure registered in the island nation of Samoa. Then, when its Bitcoin mining machine products suffered a cliff-like decline in business, it fabricated unwarranted quality reasons to put pressure on Changdian Technology and refused to pay the high amount of unpaid goods for a long time, which is a typical commercial fraud and extortion. In the case of Innosilicon's refusal to pay the goods, Changdian Technology is safeguarding its own rights and interests through various legal channels and resolutely resisting the illegal acts of commercial fraud and extortion.

Announcement link: https://m.weibo.cn/6543882015/4500062347001683