Trump demands resignation of Intel chief executive Lip-Bu Tan

Washington [US], August 8: US President Donald Trump is calling for the immediate resignation of Intel chief executive Lip-Bu Tan after a US senator accused the chip manager of being too close to China. Intel only appointed the 65-year-old to the top job in March after a months-long search. Republican Senator Tom Cotton pointed out that Cadence, under his leadership, illegally sold products to a military university in China and passed on technology to a Chinese company. There are also reports that Tan controls "dozens" of companies in China. Cotton demanded a response from the Intel Board of Directors by mid-August and has now received backing from Trump. (DPA)
Source: Qatar Tribune