China’s top chip maker SMIC heaps stock options on employees amid country’s semiconductor expansion drive

//China’s top chip maker SMIC heaps stock options on employees amid country’s semiconductor expansion drive

China’s top chip maker SMIC heaps stock options on employees amid country’s semiconductor expansion drive

Semiconductor Manufacturing International Corp (SMIC), mainland China’s most advanced and largest chip foundry, will offer stock options to nearly a quarter of its employees, bolstering the country’s efforts to keep and attract top talent in this industry.The SMIC board has approved a restricted share incentive scheme that will cover as many as 4,000 awardees – around 23 per cent of the company’s total headcount – to improve its ability to attract and retain personnel, according to its…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2021-05-21T15:30:14+00:00 May 21st, 2021|Technology|Comments Off on China’s top chip maker SMIC heaps stock options on employees amid country’s semiconductor expansion drive