China’s top chip maker SMIC heaps stock options on employees amid country’s semiconductor expansion drive

Source: South China Morning PostSemiconductor Manufacturing International Corp (SMIC), mainland China’s most advanced and largest chip foundry, will offer stock options to nearly a quarter of its employees, bolstering the country’s efforts to keep and attract top talent in this industry.The SMIC board has approved a restricted share incentive scheme that will cover as many as 4,000 awardees – around 23 per cent of the company’s total headcount – to improve its ability to attract and retain personnel, according to its…Read More

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