SMIC announces Gao Yonggang resigns as Chairman of the company, and Liu Xunfeng takes over
Gao Yonggang resigns as Chairman of SMIC, Liu Xunfeng takes over
【Phoneauto News】SMIC International announced in a statement on the Hong Kong Stock Exchange that Dr. Gao Yonggang has resigned from his positions as Chairman of the Board, Executive Director, and Chairman of the Nomination Committee due to work adjustments. Dr. Liu Xunfeng, Vice Chairman of the Board, Executive Director, and member of the Nomination Committee, has been appointed as the new Chairman of the Board, Executive Director, and Chairman of the Nomination Committee. The personnel change is effective immediately.
SMIC International stated that Dr. Gao has confirmed that he has no differences of opinion with the Board and no other matters related to his resignation as an Executive Director need to be brought to the attention of the company’s shareholders. The Board hereby expresses its gratitude to Dr. Gao for his outstanding contributions to the company during his tenure.
During the SMIC International 2023 Shareholders’ Meeting held in June this year, Gao Yonggang stated that the platform and compensation provided by the company are highly competitive in the domestic talent market. The talent attrition rate was low last year, and this year the company is able to retain key talents. According to him, among the company’s current 20,000 employees, over 10,000 are engineering and technical talents, making it the chip foundry with the largest talent accumulation in China. Next, SMIC International plans to use these over 20,000 existing employees to train and bring in 3,000 to 5,000 new employees. At the same time, it will organize new employees from its Tianjin and Shenzhen factories to receive centralized training at the Beijing factory, and then return to the new factories for construction and future production operations.
- iPhone 15 series leaked information summary! Release date and price predictions
- Xiaomi 14 series new color options exposed! If it doesn’t have it when it’s released, I really won’t buy it
- The appearance of the Infinix GT 10 Pro looks like this! It bears a striking resemblance to the new Nothing smartphone
SMIC International’s financial report shows that the company’s revenue for the first half of the year is estimated to be $3 billion, and the full-year revenue is expected to be $6.5 billion, with a gross margin of 20%. Capital expenditure is expected to be roughly the same as last year. It is understood that SMIC International will disclose its second quarter 2023 performance after the trading session on August 10, 2023, and plans to hold a “Second Quarter 2023 Performance Briefing” on August 11, 2023.
We will continue to update Phone&Auto; if you have any questions or suggestions, please contact us!
Was this article helpful?
93 out of 132 found this helpful
Related articles
- OPPO K11 appears on benchmarking website, equipped with Snapdragon 782G, may be released soon
- Hi, the nova11 smartphone is officially released, equipped with Snapdragon 778G, starting at a price of 2799 yuan
- Including Switch! The European Union will require all handheld devices to have replaceable batteries
- OPPO K11 preheating starts! IMX890 is first introduced in this price range
- Nubia Z50S Pro screen announced JDcom’s Q9 material 15K eye protection screen!
- Back in the game! Honor is returning to the Indian market, with its first smartphone set to launch in August
- Samsung S23 FE will launch two chipset versions and may be released soon