SMIC doesn’t know if co-CEO has resigned

SMIC says it is ‘verifying’ media reports that its co-CEO, Liang Mong-song, has resigned. “The company understands that Dr Liang wishes to resign under certain conditions  and is actively verifying Dr Liang’s true intentions,” SMIC said in a filing to the Shanghai stock exchange. Recently a TSMC exec, Chiang Shang-yi, was appointed SMIC vice chairman. ““I ...

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