Taiwan: TSMC chairman to retire next year

TSMC chairman Mark Liu will retire next year after holding the position since 2018, replacing the semiconductor manufacturer’s founder Morris Chang who retired the same year. Now, the board has recommended that the company’s current CEO and vice chairman, C.C. Wei replace Liu as chairman. 

On TSMC’s website, Liu said, “The past 30 years with TSMC has been an extraordinary journey for me. I am confident that TSMC will continue to perform outstandingly in the years to come.” He added that he would continue to oversee the corporate governance with the board until his term ends in June 2024.

TSMC produces some of the most advanced processors in the world, manufacturing semiconductors for companies like Apple, AMD, Broadcom, Qualcomm, and Nvidia.