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China tech

China's top chipmaker hires sought-after former TSMC executive

Industry veteran Chiang Shang-yi to guide SMIC through US sanctions

SMIC is China's biggest contract chipmaker and a key part of Beijing's goal of building a domestic semiconductor ecoystem. (Photo courtesy of SMIC)

TAIPEI -- China's top chipmaker Semiconductor Manufacturing International Corp. has hired a former senior executive from its biggest rival to be its vice chairman, in a move to bolster the Chinese chip industry against U.S. blacklisting and tightening export controls.

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