TSMC Chairman Liu Deyin to Retire Next Year... CEO Wei Jezza Recommended as Successor
On the 19th, Taiwan's TSMC, the world's largest foundry (semiconductor contract manufacturing) company, announced that Chairman Mark Liu (Korean name: Ryu Deoin) will retire next year.
According to major foreign media, TSMC stated in a press release that Chairman Liu will step down, and the TSMC board has recommended CEO and Vice Chairman C.C. Wei as his successor.
Chairman Liu and CEO Wei have led TSMC since founder Morris Chang stepped down from company management in June 2018.
Chairman Liu holds a Ph.D. in Electrical Engineering from UC Berkeley, and after working at Intel and AT&T, he joined TSMC in 1993. Since joining, he has focused on strengthening corporate governance and competitiveness in areas such as technological leadership, digital excellence, and global presence, and is credited with laying the foundation for the 12-inch wafer business.
In particular, following China's pressure on Taiwan, he led TSMC's global expansion to meet customers' needs for diversification of manufacturing networks.
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CEO Wei, who is mentioned as the next chairman, holds a Ph.D. in Electrical Engineering from Yale University, and joined TSMC in 1998 after working at Chartered Semiconductor in Singapore.
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