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