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Semiconductor Manufacturing Worldwide Corp (SMIC), seen as China’s finest probability to attain self-sufficiency in chips, has appointed a brand new chairman because it faces better scrutiny from Washington and calls by some US lawmakers for tighter commerce sanctions.SMIC, listed on each the Shanghai and Hong Kong inventory exchanges, appointed its chief monetary officer Gao Yonggang as the brand new chairman of the board. Gao, who has been SMIC’s CFO since 2014, was named performing chairman final September after Zhou…
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