SINGAPORE: Intel CEO Tan Lip-Bu mentioned that his firm is working with america administration after President Donald Trump demanded his resignation.
“We’re partaking with the administration to handle the issues which have been raised and guarantee they’ve the details,” Tan mentioned in a observe despatched to all Intel Company staff on Thursday (Aug 7).
Trump had on Thursday demanded that Tan resign “instantly” after Republican Senator Tom Cotton raised nationwide safety issues over his hyperlinks to companies in China.
Cotton alleged that Tan controls dozens of Chinese language firms and holds stakes in tons of of Chinese language superior manufacturing and chip companies.
The US senator additionally famous Tan’s position because the earlier head of Cadence Design Techniques, which he mentioned lately “pleaded responsible to illegally promoting its merchandise to a Chinese language navy college”. Whereas serving in that position, Cotton mentioned that Tan transferred “its know-how to an related Chinese language semiconductor firm with out acquiring licences”.
In his observe, Tan, a Malaysia-born tech trade veteran, mentioned that there was “a number of misinformation” about his earlier roles at Walden Worldwide and Cadence Design Techniques.
“I wish to be completely clear: Over 40+ years within the trade, I’ve constructed relationships world wide and throughout our various ecosystem – and I’ve all the time operated inside the highest authorized and moral requirements,” Tan mentioned.
“My popularity has been constructed on belief – on doing what I say I’ll do, and doing it the correct approach. This is similar approach I’m main Intel.”
In 1987, Tan based enterprise capital agency Walden Worldwide. From 2009 to 2021, he was the CEO of Cadence Design Techniques, a chip design software program agency.
Tan was raised in Singapore and is now a naturalised American citizen.
