China's No 2 chip foundry Hua Hong names former Intel veteran as new president [Yahoo! Finance]
Intel Corporation (INTC)
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Source: Yahoo! Finance
The Shanghai-based chipmaker, which specialises in mature node technology, said in a stock filing on Thursday that it hired Intel's former global vice-president Bai Peng, 62, as its new president on a three-year contract. Bai will take over the president's role from Tang Junjun, who will remain chairman and executive director of Hua Hong Semiconductor. Bai has over 30 years of semiconductor fabrication experience and previously held executive positions at various chipmakers, including US chip giant Intel. Bai attended China's prestigious Peking University and later received his bachelor's degree in physics in 1985 from the University of Bucharest, Romania. He earned his doctorate in physics from Rensselaer Polytechnic Institute in New York State, according to his official biography. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infograph
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