British chipmaker Imagination hires veteran Li as CEO

The British microchip developer Imagination Technologies has hired a semiconductor industry veteran as its new chief executive following last year's‎ £550m Chinese-backed takeover.Sky News has learnt that the company, which was forced to put itself up for sale after losing Apple as a customer, will announce this week that Leo Li is taking the helm.Mr Li, who chairs the Global Semiconductor Alliance, will replace Andrew Heath, who was appointed just two years ago to spearhead a turnarou