Semiconductor giant SMIC’s chairman resigns amid firm’s expansion plans, global chip shortage

//Semiconductor giant SMIC’s chairman resigns amid firm’s expansion plans, global chip shortage

Semiconductor giant SMIC’s chairman resigns amid firm’s expansion plans, global chip shortage

The chairman of Semiconductor Manufacturing International Corp (SMIC) has resigned, citing personal health reasons, as mainland China’s largest and most advanced chip foundry pursues new capacity expansion initiatives amid a global shortage of the essential electronic component.Zhou Zixue, 64, will continue to serve as executive director, according to SMIC’s filing on Friday. Chief financial officer Gao Yonggang has taken on the additional role of acting chairman. Gao has been with SMIC since…

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

By | 2021-09-04T07:39:40+00:00 September 4th, 2021|Technology|Comments Off on Semiconductor giant SMIC’s chairman resigns amid firm’s expansion plans, global chip shortage