TAIPEI -- When Albert Liu convinced a friend to quit his high-paying job at Samsung Electronics in early 2015 and start a company together, the veteran Taiwanese chip developer did not realize that the plan would quickly go awry.
"An older friend had told me that there was already a promising business plan and financial sources lined up, and we just needed to execute that plan," Liu, the founding chairman and CEO of AI chip startup Kneron, told Nikkei Asia. "But those promises never materialized."
