TSMC (2330-TW) Former Chief Operating Officer Jiang Shangyi returned to SMIC. After SMIC held an interim board of directors on the 15th, it announced that Jiang Shangyi has been appointed as a vice chairman, a second-category executive director and a member of the strategy committee. Until then, Jiang Shangyi will receive an annual fixed cash remuneration of 670,000USD (ApproximatelyNew Taiwan Dollar 18.84 million yuan) and annual incentive bonus.
Jiang Shangyi is 74 years old and has worked in the semiconductor field for 45 years. In 1997, he joined TSMC as the deputy general manager of R&D. Then he participated in TSMC’s process technology from micron process to 20nm, 16nm FinFET and other process technologies. When he retired in 2013, except for TSMC Senior Deputy General Manager of Research and Development and Chief Operating Officer of TSMC.
After Jiang Shangyi retired, he joined SMIC in December 2016 as an independent non-executive director. In June 2019, SMIC announced that Jiang Shangyi would not be re-elected due to personal reasons and other work commitments. Soon after, Jiang Shangyi joined Wuhan Hongxin as CEO.
However, Wuhan Hongxin, which claims to have invested more than 100 billion yuan, was exposed this year to the completion of the civil engineering of the plant, and news that the investment and equipment could not be put in place in time. Resigned from all positions of Wuhan Hongxin.
According to a report by Wenxin Voice, a subsidiary of Chinese technology media DeepTech, Jiang Shangyi said in an interview a few days ago that he chose to return to China Huiguo SMIC because of his familiarity with SMIC Chairman Zhou Zi and his strong interest in the semiconductor industry. Enthusiasm, is very keen on advanced packaging and chiplet technology.
He also pointed out that compared with Wuhan Hongxin, it is easier to achieve your ideals in SMIC. He emphasized that he is a very simple engineer and has the right to pursue his ideals and career goals, especially the technology he loves.
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