Poging GOUD - Vrij

Meet Intel CEO in Trump's crosshairs

Bangkok Post

|

August 13, 2025

Lip-Bu Tan took the reins of Intel in March. Last week, President Donald Trump called for his resignation, write Steve Lohr and Don Clark from New York and San Francisco

Meet Intel CEO in Trump's crosshairs

Intel's board entrusted Lip-Bu Tan, the company's newly appointed chief executive, with leading a high-stakes turnaround of the struggling American chipmaker. But in a highly unusual turn of events, President Donald Trump last Thursday called on the Malaysian-born CEO to resign, writing on Truth Social that Tan was "highly CONFLICTED" because of his past investments in Chinese companies. It was one of the first times that Trump has attempted to directly intervene with the leadership of a major publicly traded company. Here's what to know.

WHO IS LIP-BU TAN?

Mr Tan, 65, is an American citizen who was born in Malaysia and grew up in Singapore. He came to the United States for graduate school at the Massachusetts Institute of Technology, where he earned a master's degree in nuclear engineering.

Later, Mr Tan moved to San Francisco where he ran a venture capital firm, Walden International. Mr Tan focused much of his attention on Asia, especially on the rise of Taiwan and China as hubs of chipmaking and design.

Walden International has invested $5 billion over 30 years, sinking money into 600 companies in 12 countries. Many of Walden's deals were in China, where Mr Tan's knowledge of Mandarin and extensive network of contacts proved useful.

He was an early investor and former board member of Semiconductor Manufacturing International Corp, a leading Chinese chipmaker.

HOW DID HE RISE TO CEO?

Mr Tan's resumé includes a deep knowledge of the semiconductor industry, where he had engineered a successful corporate turnaround before.

MEER VERHALEN VAN Bangkok Post

Bangkok Post

Bangkok Post

Pita apologises to frontline soldiers over past remarks

Pita Limjaroenrat, former leader of the now-dissolved Move Forward Party (MFP), has apologised to frontline soldiers over past remarks, saying they were not intended to show disrespect toward those serving in conflict zones.

time to read

1 mins

January 10, 2026

Bangkok Post

Living with low-level burnout

In Bangkok, there is no moment where life visibly breaks or demands intervention.

time to read

3 mins

January 10, 2026

Bangkok Post

GM books $7.lbn loss as it slashes EV goals

General Motors on Thursday became the latest automaker to announce a big loss from its investments in electric vehicles, as it reckoned with a slump in sales of those cars after Congress and President Donald Trump overhauled federal policy to favour fossil fuels.

time to read

2 mins

January 10, 2026

Bangkok Post

INSIDERS’ INTERIORS

What will our homes look like in 2026?

time to read

4 mins

January 10, 2026

Bangkok Post

Bangkok Post

Canadian great McDavid finally set for Winter Games debut

Canada’s Connor McDavid has been giving ice hockey fans chills for years with his otherworldly talent and now the game's most dynamic player finally gets to showcase his skills on the global stage with fellow NHL stars at the Milano Cortina Olympic Games.

time to read

2 mins

January 10, 2026

Bangkok Post

Will lightning strike twice?

Thailand is heading towards a general election on Feb 8, and the stakes for the main opposition People's Party (PP) could hardly be higher.

time to read

3 mins

January 10, 2026

Bangkok Post

Govt grip on gold tightens

New crackdown on grey capital kicks off

time to read

2 mins

January 10, 2026

Bangkok Post

Thailand stands by air operations

Thailand yesterday reaffirmed that its recent air operations along the Thai-Cambodian border were conducted strictly in self-defence and in full compliance with international law, as it briefed foreign defence attachés to counter misinformation and underscore its commitment to regional stability.

time to read

1 min

January 10, 2026

Bangkok Post

ASIAN SHARES RANGEBOUND AS INVESTORS AWAIT US NEWS

Asian equities traded in a narrow range yesterday after two days of losses, as investors awaited US economic data and a possible Supreme Court ruling on President Donald Trump's tariffs later in the day.

time to read

4 mins

January 10, 2026

Bangkok Post

Trump warns of more US strikes, NYT website reports

President Donald Trump said there could be more strikes by the US in Nigeria if Christians are killed in the African nation, even as Nigeria has previously denied Christians there are subjected to systematic persecution.

time to read

1 mins

January 10, 2026

Listen

Translate

Share

-
+

Change font size