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China’s Hua Hong lands Intel veteran as President

Hua Hong Semiconductor (Hua Hong) has announced the appointment of former Intel vice president Peng Bai as its new president, effective January 1, 2025. The appointment follows a broader leadership reorganization at Hua Hong Group, where Jian Qin has assumed the position of chairman. Junjun Tang, the former president, will transition to the roles of chairman and executive director.