Semiconductor Manufacturing International Corp (SMIC) said Chairman Gao Yonggang has resigned, marking the latest board level departure from China's largest chipmaker in recent years as it battles U.S. pressure.
The decision by Britain's antitrust regulator to rip up its play book for Microsoft shows the limit of its ability to kill mega-deals on its own, even if some agreed with its opposition to the U.S company's $69 billion acquisition of Activision Blizzard.