Donald Trump demanded, on Thursday, August 7, the resignation of Lip-Bu Tan, CEO of the former fallen glory of Intel semiconductors, because of his links with China. “The CEO of Intel is in full conflict of interest and must resign immediately. There is no other solution to this problem ”launched the American president on his Truth Social network.
If the tenant of the White House has not given more details, the explanation is to be found on the side of the Senator of the Arkansas, Tom Cotton. In a letter to the Chairman of the Intel Supervisory Board, Frank Yeary, this ultra-conservative republican attack doubly Lip-Bu Tan, 65, appointed head of the group in March.
When, from 2009 to 2021, Mr. Tan was at the head of the Californian company Cadence Design System, the latter illegally sold microprocessors to a Chinese military university suspected of carrying out nuclear explosions. She pleaded guilty at the end of July and agreed to pay $ 140 million (almost 120 million euros). It is not proven that Mr. Tang was aware of these frauds. Second grievance, Mr. Tan is accused of controlling dozens of companies and having participations in hundreds of Chinese companies in the semiconductor sector. Eight of them would have direct links with the Chinese Communist Party.
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