The Chinese National Federation of Industries (
Lin had previously said that he hoped that his dropping out of a re-election bid would set a good example for future chairman, encouraging them to only serve one term.
Ho, 63, is chairman of Tung Ho Steel Enterprise Corp (
Before heading Tung Ho, Ho served as chairman of the government-funded Taiwan Aerospace Corp (
Two new vice chairmen were also elected yesterday to assist Ho. They are Chen Wu-hsiung (
Before the election, both Chen and Pan participated in an ad-hoc coordination task force and successfully sought reconciliation and negotiated for a final choice among several possible candidates competing for the chairmanship. However, they were not expected to take up the posts of vice chairman. Instead, Ho's former rivals Lin Por-fong (林伯豐), president of Taiwan Glass Industry Corp (台玻), and Rock Hsu (許勝雄), chairman of Compal electronics Inc (仁寶) and Taiwan Electrical and Electronic Manufacturers Association (電電公會) were expected to be appointed as vice chairmen.
Hsu will serve as a standing board member while Lin will head the supervisory board.
The business group also reshuffled half of its 45-member board and its 15-member supervisory board.
Among the rows of vibrators, rubber torsos and leather harnesses at a Chinese sex toys exhibition in Shanghai this weekend, the beginnings of an artificial intelligence (AI)-driven shift in the industry quietly pulsed. China manufactures about 70 percent of the world’s sex toys, most of it the “hardware” on display at the fair — whether that be technicolor tentacled dildos or hyper-realistic personalized silicone dolls. Yet smart toys have been rising in popularity for some time. Many major European and US brands already offer tech-enhanced products that can enable long-distance love, monitor well-being and even bring people one step closer to
Malaysia’s leader yesterday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation’s role in the global chip industry. A prominent player in the semiconductor industry for decades, Malaysia accounts for an estimated 13 percent of global back-end manufacturing, according to German tech giant Bosch. Now it wants to go beyond production and emerge as a chip design powerhouse too, Malaysian Prime Minister Anwar Ibrahim said. “I am pleased to announce the largest IC (integrated circuit) Design Park in Southeast Asia, that will house world-class anchor tenants and collaborate with global companies such as Arm [Holdings PLC],”
Sales in the retail, and food and beverage sectors last month continued to rise, increasing 0.7 percent and 13.6 percent respectively from a year earlier, setting record highs for the month of March, the Ministry of Economic Affairs said yesterday. Sales in the wholesale sector also grew last month by 4.6 annually, mainly due to the business opportunities for emerging applications related to artificial intelligence (AI) and high-performance computing technologies, the ministry said in a report. The ministry forecast that retail, and food and beverage sales this month would retain their growth momentum as the former would benefit from Tomb Sweeping Day
Thousands of parents in Singapore are furious after a Cordlife Group Ltd (康盛人生集團), a major operator of cord blood banks in Asia, irreparably damaged their children’s samples through improper handling, with some now pursuing legal action. The ongoing case, one of the worst to hit the largely untested industry, has renewed concerns over companies marketing themselves to anxious parents with mostly unproven assurances. This has implications across the region, given Cordlife’s operations in Hong Kong, Macau, Indonesia, the Philippines and India. The parents paid for years to have their infants’ cord blood stored, with the understanding that the stem cells they contained