SMIC has been seen as China’s best shot to catch up with global peers like TSMC. Photo: EPA-EFE
SMIC has been seen as China’s best shot to catch up with global peers like TSMC. Photo: EPA-EFE

China’s No 1 chipmaker SMIC gives ex-TSMC veteran top role, highlighting need for pragmatism amid push for home-grown tech

  • SMIC said in a statement on Wednesday that it was communicating with co-CEO Liang to verify his intention to resign
  • The boardroom shake-up comes at a time when the Chinese foundry is facing increased US scrutiny over its alleged ties with the Chinese military

SMIC has been seen as China’s best shot to catch up with global peers like TSMC. Photo: EPA-EFE
SMIC has been seen as China’s best shot to catch up with global peers like TSMC. Photo: EPA-EFE
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