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  • Acer's Shih returns as PC business struggles

    TAIPEI -- Stan Shih is back. The 69-year-old co-founder of major Taiwanese PC maker Acer retired from the company's management about nine years ago. He returned last November when Chairman and CEO J. T. Wang stepped down because of the company's poo

    January 20, 2014 05:00 pm JST
  • Two at the top for TSMC

    TAIPEI -- Taiwan's TSMC remains the world's largest semiconductor foundry, or contract semiconductor producer. The company's two presidents -- Mark Liu, 59, and C. C. Wei, 60 -- last November jointly took over the CEO position from Chairman Morris C

    January 20, 2014 05:00 pm JST
  • Gou goes away from China to spur growth

    TAIPEI -- Taiwan's Terry Gou, chairman of Hon Hai Precision Industry, the world's largest electronic manufacturing service provider, has expressed his support for U.S. President Barack Obama's advanced-manufacturing initiative. He announced plans la

    January 20, 2014 05:00 pm JST
  • China to support private sector's entry into health care

    SHANGHAI -- The Chinese government is moving to open up its health care sector, looking to private enterprises to run rehabilitation centers and specialized clinics for the elderly. Restrictions on foreign operators will also be eased to allow h

    January 20, 2014 02:16 am JST
  • Panasonic to unload Southeast Asian chip fabs

    OSAKA -- Panasonic has decided to sell a trio of semiconductor production facilities in Southeast Asia to Singaporean industry giant United Test and Assembly Center as part of ongoing restructuring efforts. The Japanese electronics giant aims to

    January 17, 2014 05:31 am JST
  • Taiwan chipmaking giant to keep up heavy investment in '14

    TAIPEI -- With more companies looking to farm out production, Taiwan Semiconductor Mfg., the world's largest contract chipmaker, will continue to invest aggressively for capacity expansion, spending as much as $10 billion this year. The company,

    January 17, 2014 03:54 am JST
  • New Taiwan dollar seen falling further to help exports

    TAIPEI -- The New Taiwan dollar is on a downtrend against the U.S. currency, trading at around NT$30.2 per U.S. dollar on Thursday. The greenback has been gaining strength since reaching NT$29.5 in October. The fall in the Taiwanese currency is

    January 16, 2014 07:00 pm JST
  • Suh naturally looks to China

    SEOUL -- Suh Kyung-bae has his eyes on China. The chairman of AmorePacific, South Korea's leading cosmetics maker, is looking to capitalize on the popularity of his country in the neighboring nation. AmorePacific has enjoyed steady growth in ove

    January 16, 2014 05:00 pm JST
  • South Korea's aggressive tire maker

    SEOUL -- Hankook Tire CEO Suh Seung-hwa appears unassuming, but do not mistake him for unaggressive. Under his leadership, South Korea's biggest tire maker began operating a factory in Indonesia. The company also announced to build another in the U.

    January 16, 2014 05:00 pm JST
  • Interflex's Bae embraces two giants

    SEOUL -- Bae Chul-han works with the world's No. 1 and No. 2 smartphone makers. His company, Interflex, sells field programmable circuit boards for use in smartphones, to Apple of the U.S., along with South Korea's Samsung Electronics. Interflex

    January 16, 2014 05:00 pm JST
  • Kakao's Lee champions chat

    SEOUL -- The co-CEO of Kakao, the South Korean provider of a free phone call and chat app KakaoTalk, is taking on bigger rivals such as Japan's Line and China's WeChat. "We have little money," co-CEO Lee Sirgoo admitted with a smile, "so we have to

    January 16, 2014 05:00 pm JST
  • Samsung: The next generation

    SEOUL -- Lee Jae-yong is all but set to lead Samsung Electronics into the future. His father, Lee Kun-hee, 71, who heads the Samsung group of South Korea, is the owner-chairman of Samsung Electronics. He runs the company with an iron fist. And h

    January 16, 2014 05:00 pm JST
  • Market battle brewing among smaller smartphone makers

    SILICON VALLEY -- In the global scrap for smartphone users, the top two places may rest firmly in the grips of Samsung and Apple, but below them, a handful of close contenders are gearing up to fight tooth and nail for the No. 3 slot this year.

    January 15, 2014 06:53 am JST
  • Lego working to build Asia presence

    FRANKFURT, Germany -- Europe's biggest toy maker, Lego Group, is focusing on Asian market. The Danish company's annual revenue in Asia has grown by more than 30%. It last year decided to build its first Asian factory in China to produce toys closer

    January 14, 2014 07:30 pm JST
  • Park one part of a conducting duo

    SEOUL -- Park Hong-seok considers teamwork and innovation as the keys to success at his company, electronic appliance maker Moneual. The company produces electrical appliances that have unique functions and refined design. It offers, for example

    January 14, 2014 04:16 pm JST
  • Zhang: hot pot hot shot

    BEIJING -- Zhang Yong keeps it in the family. His company, Sichuan Haidilao Catering, only hires people that care for their parents. Sichuan Haidilao operates a chain of about 90 restaurants in 24 Chinese cities that sell hot pots -- spicy stews

    January 13, 2014 05:00 pm JST
  • Meet 'the Steve Jobs of China'

    BEIJING -- The "Steve Jobs of China," Lei Jun, got his nickname through hard work and business acumen. His company, Chinese smartphone maker Xiaomi Technology, was founded in 2010. It has already overtaken Apple Inc. in terms of market share in

    January 13, 2014 05:00 pm JST
  • Gree Electric's cool 'iron lady'

    GUANGZHOU -- Dong Mingzhu is a gambler. As chairwoman of Chinese air conditioner maker Gree Electric Appliances, Dong bet 1 billion yen ($165 million) that her company's sales would be higher than smartphone business Xiaomi's over the next five year

    January 13, 2014 05:00 pm JST
  • Huawei's Ren moves into diplomacy

    GUANGZHOU,China -- Ren Zhengfei has built Huawei Technologies into a global giant. The CEO is now focused on corporate diplomacy. He invited George Osborne, Britain's finance minister, to his corporate head offices in October. Ren praised the Br

    January 13, 2014 05:00 pm JST
  • Tencent's Ma looks for online domination

    GUANGZHOU, China -- Ma Huateng has the fear for all the right reasons. The CEO of Tencent Holdings said last November, "Our stock price is so high that it frightens me." Tencent's stock price in October temporarily reached a level 80% higher th

    January 13, 2014 05:00 pm JST