Chipmaker’s chairman short-circuits shareholders
A researcher plants a semiconductor on an interface board during a research work to design and develop a semiconductor product at Tsinghua Unigroup research centre in Beijing, China, February 29, 2016.
Source: REUTERS/Kim Kyung-Hoon
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The man leading Cypress Semiconductor's board also helps run a Beijing-backed private equity firm that's buying a tech outfit Cypress eyed in the past. Cypress' recently departed founder now wants the chairman ousted. The governance and conflicts could fry the corporate wiring.
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