The four who left the committee were the company’s co-leader Liang Mong-Song (a former high-ranking executive with TSMC and Samsung) and vice chairman Chiang Shang-Yi (a former R&D chief with TSMC), reportsNikkei. The company’s chairman Zhou Zixue was gone from his duties to two senior directors. Liang Mong-Song explained that he resigned from the board in the hope that he would focus on the co-sponsorship as he regained his executive status, while Chiang Shang-Ui said that he wanted to spend more time with his family. A third-party corporation resigned, as a second-party corporation, and said that they were seeking to focus on other commercial matters. Last year’s hiring of Chiang Shang-Yi was a very successful endeavour. The company needed an experienced r&d executive to work together to plan its research and development strategy, now it doesn’t have the knowledge to develop the sub-10-nm manufacturing technology and produce appropriate chips. One idea that Chian Shang-Yiproposed had the intention of focusing its efforts on advanced packaging technologies and heterogeneous integration, because the company couldn’t get equipment required to use invasive UV lithography (EUVL) any time soon. While SMIC cannot compete with TSMC or Samsung foundry for leading-edge nodes and has limited and isn’t able to compete with many specialist process technologies, it has recently focused on development and started building two major fbi in China (including the country’s largest fab). If required, these factories are built by the local authorities. However, considering the role of the semiconductor industry in the Chinese government, it will be ready to invest in the projects. This will make SMIC, who is officially an independent company with a significant percentage of its stock owned by government-controlled entities, even more dependent on the central government and that isn’t something its executives want.
