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Hua Hong Semiconductor Appoints Former Intel Executive as New President

share-iconThursday, January 02 comment-icon2 weeks ago 6 views
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Hua Hong Semiconductor Appoints Former Intel Executive as New President

Credited from: SCMP

  • China’s **Hua Hong Semiconductor** has appointed **Bai Peng**, a former Intel executive, as its new president.
  • Bai brings over **30 years of experience** in semiconductor fabrication and previously served as Intel's **global vice-president**.
  • This management change follows the opening of a new plant in **Wuxi**, as well as a broader company restructuring.
  • The semiconductor industry in China faces challenges, particularly with the **US trade investigation** into legacy semiconductor production.
  • Hua Hong Group is now the **sixth-largest global foundry**, with 82% of its revenue generated from the domestic market.

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