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Chaos at the top of China s biggest chipmaker

Chaos at the top of China s biggest chipmaker By Jill Disis, CNN Business Published Dec 16, 2020 7:14:53 PM enablePagination: false endIndex: (CNN) The C-suite of one of China s most important tech companies has just been thrown into confusion. Semiconductor Manufacturing International Corporation (SMIC), China s biggest chipmaker, said Wednesday it was trying to confirm Chinese state media reports that its co-CEO Liang Mong Song had resigned, apparently in protest at the appointment of Chiang Shang-Yi, the former co-COO of Taiwanese chipmaker TSMC, to the board. SMIC didn t say which media reports it was referring to, but in a statement to the Shanghai Stock Exchange it said that it had known about Liang s willingness to resign under certain conditions.

Chaos at the top of China s biggest chipmaker C-suite chaos at the company China needs for its chipmaking future

SMIC: Chaos at the top of China s biggest chipmaker CNN 12/16/2020 By Jill Disis, CNN Business © VCG/Getty Images A logo on the building of the Beijing branch of Semiconductor Manufacturing International Corporation on December 4, 2020 in Beijing, China. Semiconductor Manufacturing International Corporation (SMIC), China s biggest chipmaker, said Wednesday it was trying to confirm Chinese state media reports that its co-CEO Liang Mong Song had resigned, apparently in protest at the appointment of Chiang Shang-Yi, the former co-COO of Taiwanese chipmaker TSMC, to the board. SMIC didn t say which media reports it was referring to, but in a statement to the Shanghai Stock Exchange it said that it had known about Liang s willingness to resign under certain conditions.

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