Hua Hong Semiconductor Appoints Ex-Intel Executive as President Amid Management Changes - PRESS AI WORLD
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Hua Hong Semiconductor Appoints Ex-Intel Executive as President Amid Management Changes

Credited from: SCMP

  • Hua Hong Semiconductor, China's second-largest chip foundry, has appointed Bai Peng, a former Intel global vice-president, as its new president.
  • The management reshuffle comes with Bai signing a three-year contract, taking over from Tang Junjun, who will remain as chairman.
  • Bai brings over 30 years of experience in semiconductor fabrication and has held significant roles across various companies, including Intel.
  • This appointment follows the opening of Hua Hong's new plant in Wuxi and recent leadership changes within its parent company.
  • The move occurs amidst challenges in the Chinese semiconductor market, particularly due to a US trade investigation into legacy semiconductor production.

Read more at South China Morning Post

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