Market
Will Hua Hong Semiconductor increase its global market share by the end of 2025?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Global semiconductor market share reports from industry analysts such as Gartner or IDC
Story
Hua Hong Semiconductor Appoints Former Intel VP Peng Bai as President, Strengthening Its Position as Second Largest Chinese Foundry
Jan 2, 2025, 03:39 PM
Hua Hong Semiconductor, the second largest chip manufacturer in China, has appointed Peng Bai, a former Vice President at Intel, as its new president, effective January 1, 2025. This leadership change comes as part of a broader reorganization within the company. Dr. Bai brings over 31 years of experience from Intel, where he held significant roles, including overseeing Logic Technology Development and managing the D1C R&D Fab. His appointment is seen as a strategic move for Hua Hong as it aims to strengthen its position in the semiconductor industry.
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Similar markets
50% to 55% • 25%
Less than 50% • 25%
More than 60% • 25%
55% to 60% • 25%
Diversification into non-semiconductor areas • 25%
Expansion of semiconductor business • 25%
Contraction of semiconductor business • 25%
No significant change • 25%
Decrease • 25%
5% or more increase • 25%
Less than 5% increase • 25%
No change • 25%
Other strategic responses • 25%
No significant changes • 25%
Shift to non-US suppliers • 25%
Increased domestic production • 25%
Increase • 25%
No significant change • 25%
Exit market • 25%
Decrease • 25%