China’s chip champion SMIC offers executives US$3.7 million in shares in effort to retain semiconductor talent

Source: Tech – South China Morning PostChina’s chip champion Semiconductor Manufacturing International Corp (SMIC) has made good on its plans to offer top executives up to 23.6 million yuan (US$3.7 million) worth of shares at a 65 per cent discount as part of a talent retention scheme covering a quarter of the company’s workforce.Three top executives were each offered 400,000 restricted shares at 20 yuan a piece, according to a regulatory filing in Hong Kong on Friday, putting the discount at about 15.6 million yuan below market…Read More

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

Generated by Feedzy