TSMC to promote from within after chairman retires next year

TSMC Chairman Mark Liu speaks at the Semicon Taiwan conference in Taipei, Taiwan September 6, 2023. REUTERS/Ann Wang/File Photo

TAIPEI (Reuters) -TSMC , the world's largest contract chipmaker, said on Tuesday that its board had recommended that current CEO and Vice Chairman C.C. Wei succeed Mark Liu who will be retiring next year as chairman.

Company veteran Liu became Taiwan Semiconductor Manufacturing Co's chairman in 2018 after founder Morris Chang, who remains the senior statesman of Taiwan's chip industry, retired.