Source: South China Morning PostSemiconductor Manufacturing International Corp (SMIC) more than quadrupled the salary of a senior Taiwanese executive and gifted him with a flat worth 22.5 million yuan (US$3.4 million) last year, according to the firm’s latest annual report, providing a testament to how the world’s second-largest economy is spending lavishly to woo and retain talent in its chip industry.That hefty compensation package was given by SMIC, China’s largest contract maker of integrated circuits (ICs), to its 69…Read More