Intel is moving Sean Maloney, one of its most senior executives, to Beijing as chairman of its China operations, reflecting the rise of China as one of the world’s most important markets for multinationals.
Mr Maloney, an executive vice-president who was head of Intel’s architecture group in Silicon Valley in California, has in the past been mentioned as a potential successor to Paul Otellini, Intel’s chief executive.
“[It is] an unprecedented move for Intel to place one of its most senior executives in China,” the company said. “It underscores the importance of China, which is expected to become the single largest PC consumption market for Intel next year.”