Biz / Tech

SMIC adopts Co-CEO system

Company is the first in the domestic semiconductor industry to function with two Co-CEOs

Nasdaq-listed Semiconductor Manufacturing International Corp, the biggest made-to-order chip maker in the Chinese mainland, has today appointed two industry veterans as Co-CEOs of the Shanghai-based firm. 

Zhao Haijun, with a 25 years of experience in semiconductor operations and technology development, and Liang Mong Song, a 33-year veteran of the semiconductor industry, are appointed Co-CEOs and executive directors.

“The appointment will further enhance SMIC’s ability to develop process technology and narrow the advanced technological gap between SMIC and its international peers,” Zhou Zixue, SMIC’s chairman, said in a statement.

It’s the first time for the Chinese mainland semiconductor firm to adopt the Co-CEO system.

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