NEW YORK (AP) ¿ Chinese semiconductor company Actions Semiconductor Co. said Thursday it has promoted Niccolo Chen to be its new CEO.

Chen, who also holds the position of chief strategy officer and general manager, takes over for Nan-Horng Yeh. Yeh will remain a board member.

In addition, Actions Semiconductor said its board appointed Robin Pan as an independent director. Pan is the CEO of Ambiwin Technology Inc.

Actions Semiconductor is based in Zhuhai, China.
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