(Beijing Comprehensive News) The largest chip manufacturing company, which has been hit by the US chip sanctions, has resigned again a year ago, and Gao Yonggang, who officially appointed as the chairman of SMIC about one year ago, has resigned.
According to Bloomberg, SMIC International Monday (July 17) said in the announcement of the Hong Kong Stock Exchange that Gao Yonggang resigned as the chairman of the chairman because of "work adjustment" and took effect on the same day.Liu Xunfeng, who is 58 years old and has a deep qualifications in the chemical industry, took over on the day.
The largest contract chip manufacturer in China emphasized in the announcement that Gao Yonggang and the board of directors had no disagreement, but did not show whether he would stay in the company after he resigned as chairman.
Liu Xunfeng, who took over as chairman, is a member of the 14th National Committee of the Chinese People's Political Consultative Conference in China.The executive of a chemical major has worked in many government -supported energy companies such as Shanghai Petrochemical and Shanghai Huayi (Group).According to the Shanghai Securities Journal, he also served as the vice chairman of Shanghai Chemical Industry Zone Development Co., Ltd.
Gao Yonggang is the latest executive to leave SMIC. This is the time when the US sanctions make the company unable to obtain advanced chip manufacturing equipment.Tudor Brown, co -founder of Semiconductor Design and Software Company ARM, resigned from SMIC last year.In 2021, Zhou Zixue, then chairman, also resigned for health reasons; a few months later, then the then vice chairman Jiang Shangyi resigned less than a year after joining the company headquarters in Shanghai.
