SMIC Management Team Undergoes Shakeup - Yet Again
By Alan Patterson, EETimes (December 16, 2020)
TAIPEI – Semiconductor Manufacturing International Corp. (SMIC) announced two changes within the top management during this week.
On Dec. 15, the Shanghai-based chipmaker said it has appointed industry veteran Chiang Shang-yi as executive director, vice chairman and member of the strategic committee. A day later, SMIC said its co-CEO and executive director Liang Mong-song may resign.
The appointment of Chiang comes about a month after he resigned as CEO from Wuhan Hongxin Semiconductor Manufacturing Company (HSMC), which ran out of cash. Both Chiang and Liang are former R&D executives from Taiwan Semiconductor Manufacturing Co. (TSMC).
The US has made SMIC one of the latest targets of restrictions that are aimed to blunt the growth of China’s tech industry on fears that the nation will gain a competitive advantage in new industry segments such as 5G and AI. The Trump administration concluded there is an unacceptable risk that China’s largest chipmaker may use US production equipment and design tools for military purposes.
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |
|
SMIC Hot IP
Related News
- China's Semiconductor Progress to Be Impacted Once Again as SMIC Becomes Sanctioned by U.S. Department of Defense, Says TrendForce
- GDA Technologies Scores Yet Again in IP; Switch port Controller Core makes PCI-SIG Integrators List
- Kevin Steptoe Joins Palma Ceia SemiDesign as EVP Program Management
- Attopsemi Achieves ISO 9001 Certification for IP Quality Management System
- Announcement of SMIC
Breaking News
Most Popular
- TSMC to Kick off Mass Production of Intel CPUs in 2H21 as Intel Shifts its CPU Manufacturing Strategies, Says TrendForce
- Gartner Says Worldwide Semiconductor Revenue Grew 7.3% in 2020
- Qualcomm to Acquire NUVIA
- Value of Semiconductor Industry M&A Agreements Sets Record in 2020
- Chips&Media Adds Extraordinary Features in the Next-Generation Video Codec IPs, introducing the WAVE6 Series