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That should read "he and SMIC" ... oops

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Shortblack

774 Posts.

517

05/03/24

21:28

Post #: 72760381
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Originally posted by Shortblack: ↑

It was interesting to see some here were fawning over Zhang Rujing being an "executive consultant' at Earth Mountain. It's true that he was a big figure in semiconductor manufacturing, but the most interesting part of his story seems to have been omitted.

He was forced out of Taiwan and then went to China to set up SMIC. A few years later, and after international court cases were held, he and TSMC were found to have misappropriated 61 out of 65 patents held by TSMC. SMIC had to pay up hundreds of millions of dollars, and Zhang had to resign, forfeit his stock holdings and was banned from the industry for 3 years.

His loyaties lie with the CCP.

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That should read "he and SMIC" ... oops

AKP Price at posting: $6.20 Sentiment: None Disclosure: Not Held
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