- President Trump has demanded that Intel CEO resign
- But Lip-Bu Tan does not bend for Trump requirements
- Intel has reduced its US factory working power
President Trump has not been afraid of exploiting his influence to try to push organizations into political or staff changes, with his latest Vendetta against Intel CEO LIP-BU TAN.
Tan is accused of Trump of being ‘very conflict’ and the sitting president calls for his immediate resignation and claims there is ‘no other solution to this problem’.
Trump’s request comes after Republican Senator Tom Cotton wrote to Intel’s board of directors, who asked about TAN’s “regarding” alleged ties to Chinese companies.
Political pressure
The conflict that Trump and Cotton are referring to are Tan’s alleged control of several Chinese companies, some with reported ties to the Chinese military, as well as investments in Chinese tech companies and an expanded stint as CEO of Tech company Cadance Design Systems.
Apparently, the tapes for cadence design systems seem to be the clay point of Trump as the company pleads guilty to illegally exporting chip design tools to limited Chinese military organizations and paid over $ 140 million in sanctions – though Tan was not personally indicted.
“There has been a lot of wrong information circulating about my previous roles on Walden International and Cadence Design Systems,” Tan said in a statement to Intel staff.
“I want to be quite clear: Over 40 years in the industry I have built conditions around the world and across our various ecosystem – and I have always operated within the highest legal and ethical standards,” he noted.
“My reputation has been built on trust – about doing what I say I will do, and to do it the right way. This is the same way I lead Intel.”
Intel has been under fire recently, after reducing its number of employees in a series of layoffs that have affected over 20,000 workers, or 20% of its workforce.
A huge corporate policy shift has seen factory job cuts in the United States, a step that contradicts President Trump’s goal of expanding home production, which may explain his hostility.
While it may not feel misplaced in the current administration, under any other context, such as head of state, which requires a prominent business leader, would be extraordinary, and an example of the type of government overreaction that libertarian-ridiculous Republicans would especially consider an Orwellian attack on the free market.
