TapTechNews May 20th news, GlobalFoundries (formerly known as GlobalFoundries) announced yesterday the appointment of KCAng as the president of the Asian region and the chairman of the China region.
KCAng will focus on China to lead and develop new businesses and strategic cooperation of GlobalFoundries in the Asian market.
KCAng joined GlobalFoundries in 2010 and has served as the chief manufacturing officer of GlobalFoundries and was in charge of all business operations of GlobalFoundries in Singapore. At present, he also serves as the chairman of the SEMI Industry Association Southeast Asia Regional Advisory Committee.
Before joining GlobalFoundries, KCAng served as a senior executive at Chartered Semiconductor in Singapore.
GlobalFoundries' chief commercial officer, Niels Anderskouv, said:
GlobalFoundries uses its global business layout to provide customers with safe and vital chips, and customers can choose the place of origin according to their needs.
Mr. KCAng has more than 30 years of industry experience and has established long-term good relationships with many leading figures in the Asian semiconductor industry, so he is the ideal candidate to promote the expansion and cooperation of GlobalFoundries' customers in Asia, especially to accelerate the business growth of GlobalFoundries in the Chinese market.
KCAng said:
I am very happy to welcome a new chapter in my career. I am very much looking forward to working with colleagues in charge of business, technology and product management to expand customer relationships and become a trusted and reliable partner for customers.
The differentiated technical solutions and excellent manufacturing capabilities of GlobalFoundries, especially the ability to serve important end markets such as automobiles, make us an ideal partner for the rapidly growing customer group in Asia.
In addition, we are also actively exploring cooperation with many multinational customers to meet the growing needs of Chinese end customers through high-quality manufacturing and key chip technologies.
TapTechNews reported earlier this month that GlobalFoundries achieved revenue of 1.549 billion US dollars (TapTechNews note: currently about 11.199 billion yuan) in the first quarter, a 16% decline both quarter-on-quarter and year-on-year.