The president of the United States, Donald Trump, This Thursday demanded the resignation of the new director of the American semiconductor manufacturer Intel, Lip-Bu Tan. Asked to be “immediately”, after proposals on national security and links with China. The company’s shares fell falling before the opening of the markets.
“Intel’s CEO has a serious conflict of interest and must give up immediately. There is no other solution to this problem, “Trump published on his social truth platform.
His request arose after a Republican senator raised Concerns for national security due to company’s links with companies in China.
Intel’s actions fell before the opening of the markets on Thursday after Trump asked for the resignation of Tan, AP said.
Donald Trump asked for the resignation of the Intel CEO
His message came a day after the senator Tom Cotton Inform the sending of a letter to Intel questioning the ties between Lip-Bu Tan and Chinese companies, AFP cited.
According to reports, so “controls dozens of Chinese companies and has participation in hundreds of advanced manufacturing and chip companies. At least eight of these companies have links with the China’s popular liberation army“Cotton wrote in his letter, with his copy published on his website.
The senator also pointed to the role of as as former director of Cadence Design Systemscompany that produces programs used by the great microchips designers.
The company, Cotton wrote, “was declared guilty of illegally selling your products to a Chinese military university and to transfer its technology to a Chinese company of associated semiconductors without obtaining licenses. “In that line, he added how the company directed at that time.
Born in Malaysia, he took in March the reins of the Intel company, which crossed difficulties due to its lag in artificial intelligence (AI), and announced layoffs when tariffs and export restrictions of the White House enclosed the market.
With long career in the technological sector, and fourth director of Intel in a period of seven years, he said that “it will not be easy to” overcome the challenges facing the company.
Donald Trump announced that 100% tariffs will impose for the importation of chips and semiconductors
At a conference with Apple CEO, Tim Cook, US president, Donald Trump, announced Wednesday that will impose “approximately” tariffs For the Import of chips and semiconductors. The measure seeks to press companies to move production to US territory.
“If factories in the United States, there will be no surcharges,” said the Republican tycoon, who carries out a global commercial war to balance the balance of US payments. The president also stated that he will analyze case by case and said that those companies that are in the process of transferring their production could avoid surcharge if they comply. Otherwise, “they will be charged later,” he said.
Source: Ambito
