Technology, Economics and Politics in Greater China
Saturday, February 21, 2009
Return of TY Chiu
According to HuaHongNEC's website, TY Chiu has returned to Shanghai and the firm to take over as CEO effective February 1. Despite TY's past success in running fabs, I think HuaHongNEC will be hard to turn around. Still, given the state's strong support, HuaHongNEC will not collapse as many private IC firms surely will over the course of the current downturn.