His fans own copies of Rush Hour and Shanghai Noon, but now kung fu movie star Jackie Chan (
One of the world's most famous Chinese celebrities hopes to parlay movie superstardom into a merchandising and retail empire that encompasses everything from clothing to cookies.
The action star's expanding business portfolio includes a clothing label, Jackie's Kitchen restaurants, a sushi eatery chain, Jackie Chan signature club gyms and most recently, a line of chocolates and nutritional oatcakes.
Chan's ambition doesn't end there -- he aspires to be a Martha Stewart-like marketing juggernaut.
The actor's goal is "total lifestyle branding," said Bon Ng, the business executive Chan has charged with developing his brand.
"Our coverage will be wide," Ng said, noting Chan hopes to expand into furniture and kitchenware.
It's not Chan's first foray into business. Chan said he opened car repair shops, gyms, gift shops and restaurants 20 years ago, but they failed because he wasn't savvy enough in business.
"I thought since I could make movies, I tried business on my own. I didn't know how to calculate, how much things I bought cost, how much a month's rent cost ... I lost several million, then millions again," he told reporters at a celebration of the third anniversary of his clothing line. Now, Chan said he's hired professional businessmen to do the nitty-gritty work, while he makes strategic decisions.
The popularity of his products also coincides with the rise of his stardom. Chan cemented his international superstardom in the late 1990s with the Hollywood action comedy Rush Hour, costarring Chris Tucker.
He has now been on the US talk show circuit and appeared on the prestigious US comedy show Saturday Night Live. US cities have designated Jackie Chan Day. The Toronto and Los Angeles police departments have named him an honorary policeman.
Jackie Chan is such a potent symbol for Hong Kong that local tourism officials have asked him to promote the territory as a travel destination.
Now Chan is hoping his strong name recognition will translate into a successful, all-encompassing product lineup.
It's an approach known in business parlance as "brand extension." Companies venture into new areas of businesses by leveraging the credibility of their existing products.
"Many companies know the value of their brands doesn't just lie in their product categories," said University of Hong Kong business professor Bennett Yim.
But Yim said so far it's a controversial formula that hasn't been proven. He said one form of safe brand extension is to venture into complementary products, such as a shaver maker launching a shaving cream.
Chan seems to have avoided that strategy by eyeing a "lifestyle" brand -- although he has diversified his entertainment products, unveiling his own cartoon series that pits Chan against bad guys in a battle for 12 magic talismans.
But Chan is capitalizing on his wholesome, healthy image. Case in point is the "Jackie Chan signature club" gyms, a partnership with California Fitness, part of the US-based 24 Hour Fitness health club chain. The gyms will offer special Jackie Chan workout classes.
Another example is Chan's line of cookies for the health conscious. Chan says he may even open "Jackie Chan supermarkets" in the future. He claims consumers will naturally think that any food product that bears his name is healthy.
"You don't know what product to trust, but many of my audience and fans will trust me," he said.
Chan's products also highlight his Chinese heritage. Chan's Chinese stage name means "becoming a dragon." His clothing line's logo blends the Chinese character for "dragon" and "Jackie." Chinese calligraphy appears on his T-shirts and jeans.
Chan and his business executive, Ng, said they didn't know revenue figures offhand but said Chan's business ventures are growing.
Chan said "Jackie's Kitchen" has four outlets in South Korea and one in Hawaii, with an imminent launch in Australia. Talks are underway for another eatery in Las Vegas, he said.
Meanwhile, Chan's clothing label boasts 40 shops in mainland China and the label's children's line is available in US department stores, Ng said. Expansion plans will cover Singapore, Malaysia, Thailand, Taiwan and South Korea.
Ng said Chan is targeting young professionals between 25 and 35.
But for now, Chan says he still earns more money making movies and that remains his top priority, adding he donates his business profits to charities because it's icing on the cake.
"I feel guilty about that money ... But the money I make from jumping from the second floor, this hard-earned, blood-and-sweat money ... I'll save for myself," he said.
With this year’s Semicon Taiwan trade show set to kick off on Wednesday, market attention has turned to the mass production of advanced packaging technologies and capacity expansion in Taiwan and the US. With traditional scaling reaching physical limits, heterogeneous integration and packaging technologies have emerged as key solutions. Surging demand for artificial intelligence (AI), high-performance computing (HPC) and high-bandwidth memory (HBM) chips has put technologies such as chip-on-wafer-on-substrate (CoWoS), integrated fan-out (InFO), system on integrated chips (SoIC), 3D IC and fan-out panel-level packaging (FOPLP) at the center of semiconductor innovation, making them a major focus at this year’s trade show, according
SEMICONDUCTOR SERVICES: A company executive said that Taiwanese firms must think about how to participate in global supply chains and lift their competitiveness Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said it expects to launch its first multifunctional service center in Pingtung County in the middle of 2027, in a bid to foster a resilient high-tech facility construction ecosystem. TSMC broached the idea of creating a center two or three years ago when it started building new manufacturing capacity in the US and Japan, the company said. The center, dubbed an “ecosystem park,” would assist local manufacturing facility construction partners to upgrade their capabilities and secure more deals from other global chipmakers such as Intel Corp, Micron Technology Inc and Infineon Technologies AG, TSMC said. It
DEBUT: The trade show is to feature 17 national pavilions, a new high for the event, including from Canada, Costa Rica, Lithuania, Sweden and Vietnam for the first time The Semicon Taiwan trade show, which opens on Wednesday, is expected to see a new high in the number of exhibitors and visitors from around the world, said its organizer, SEMI, which has described the annual event as the “Olympics of the semiconductor industry.” SEMI, which represents companies in the electronics manufacturing and design supply chain, and touts the annual exhibition as the most influential semiconductor trade show in the world, said more than 1,200 enterprises from 56 countries are to showcase their innovations across more than 4,100 booths, and that the event could attract 100,000 visitors. This year’s event features 17
EXPORT GROWTH: The AI boom has shortened chip cycles to just one year, putting pressure on chipmakers to accelerate development and expand packaging capacity Developing a localized supply chain for advanced packaging equipment is critical for keeping pace with customers’ increasingly shrinking time-to-market cycles for new artificial intelligence (AI) chips, Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) said yesterday. Spurred on by the AI revolution, customers are accelerating product upgrades to nearly every year, compared with the two to three-year development cadence in the past, TSMC vice president of advanced packaging technology and service Jun He (何軍) said at a 3D IC Global Summit organized by SEMI in Taipei. These shortened cycles put heavy pressure on chipmakers, as the entire process — from chip design to mass
RSS