Pegatron Corp (和碩) chairman Tung Tzu-hsien (童子賢) on Wednesday returned from China to attend the premiere of a documentary in Taipei, only to fly back the next day to oversee the company’s plants in China as the business enters peak season with global brands gearing up for new product launches.
The documentary is about Taiwanese dancer and choreographer Lo Man-fei (羅曼菲), who died eleven years ago and was an old friend of Tung’s. It premiered at the Taipei Film Festival on July 11 and opened for general viewing on Friday.
“The story of Man-fei’s life is a legend. Man-fei’s family, Cloud Gate Dance Theatre (雲門舞集) founder Lin Hwai-min (林懷民) and director En Chen (陳懷恩) have spent three years making this documentary as a way to record her story, to commemorate and to remember her,” Tung told the Taipei Times after the premiere.
Photo: Hsu Shih-ying, Taipei Times
Tung was the biggest backer of the documentary, Man Fei (曼菲), which he supported via Pegatron’s affiliate company, Ethos Original Co (藝碩文創).
Although he spends most of his time abroad, Tung is arguably the best-known corporate executive in Taiwan to support cultural and artistic activities and films. He has a stake in bookstore retailer Eslite Corp (誠品), which he invested in 18 years ago.
In 2009, Tung founded Fisfisa Media Co Ltd (目宿媒體) with paid-in capital of NT$96 million (US$3.19 million) to produce documentaries on writers and poets based in Taiwan and Hong Kong.
The Inspired Island — Series of Eminent Writers from Taiwan (他們在島嶼寫作), a documentary released in 2014, features five directors telling the life and works of six Taiwanese writers, including Lin Hai-yin (林海音) and Yang Mu (楊牧).
Last year, Fisfisa introduced seven writers from Taiwan and Hong Kong in the second series of The Inspired Island, and the company is preparing for a third series later this year.
“Mr Tung founded Fisfisa mostly because he loves literature. He hopes to use the language of images to preserve the beauty of literature and to inspire young talent in Taiwan,” Fisfisa chairwoman Ginny Wei (魏菫君), who doubles as Tung’s special assistant, said by telephone.
Pegatron management also wants to encourage employees to participate in cultural and artistic activities, Wei said.
Using his own money and some investment from Pegatron, Tung in 2014 established Ethos Original Co (藝碩文創) with paid-in capital of NT$668 million, which soon gained the public’s attention with the award-winning TV series A Touch of Green (一把青).
The drama was directed by Tsao Jui-yuan (曹瑞原) based on novelist Kennith Pai’s (白先勇) short story about the lives of a group of air force pilots and their wives between 1945 and 1987 in Taiwan and China.
Wei, who also chairs Ethos, said Man Fei reflects Tung’s intention to extend his focus to dance.
“Man Fei opened a window for us. There are many good stories of dancers in Taiwan that are worth telling. We are mulling telling more of their stories,” she said.
On Aug. 22, local media reported that Tung withdrew Ethos’ investment in Q Place Creative Inc (好風光創意) due to losses of more than NT$200 million caused by the production of TV series, resulting in 24 young actors losing their jobs.
Q Place Creative had funded the production and screenplays of eight short TV series, including Close Your Eyes Before It is Dark (天黑請閉眼) and the acclaimed A Boy Named Flora A (花甲男孩轉大人).
Wei denied the reports, saying the company met its goal of producing eight TV series in two years.
Q Place Creative will launch an internal review to utilize its resources more efficiently and create quality content, Wei said.
“We did not ‘withdraw’ our investment. We will continue to support good screenplays and the training of actors in Taiwan,” she added.
In an interview with the Chinese-language Apple Daily in July, when A Boy Named Flora A was at the height of its popularity, Tung said he did not invest in films and TV dramas to make a profit, including his personal investment in director Hou Hsiao-hsien’s (侯孝賢) movie The Assassin (刺客聶隱娘) last year.
“I want to encourage people who wish to shine their creativity in arts and culture,” Tung said. “I hope Taiwan’s soft power in art and culture can help Taiwan to expand its reach further in the world.”
Sweeping policy changes under US Secretary of Health and Human Services Robert F. Kennedy Jr are having a chilling effect on vaccine makers as anti-vaccine rhetoric has turned into concrete changes in inoculation schedules and recommendations, investors and executives said. The administration of US President Donald Trump has in the past year upended vaccine recommendations, with the country last month ending its longstanding guidance that all children receive inoculations against flu, hepatitis A and other diseases. The unprecedented changes have led to diminished vaccine usage, hurt the investment case for some biotechs, and created a drag that would likely dent revenues and
Macronix International Co (旺宏), the world’s biggest NOR flash memory supplier, yesterday said it would spend NT$22 billion (US$699.1 million) on capacity expansion this year to increase its production of mid-to-low-density memory chips as the world’s major memorychip suppliers are phasing out the market. The company said its planned capital expenditures are about 11 times higher than the NT$1.8 billion it spent on new facilities and equipment last year. A majority of this year’s outlay would be allocated to step up capacity of multi-level cell (MLC) NAND flash memory chips, which are used in embedded multimedia cards (eMMC), a managed
CULPRITS: Factors that affected the slip included falling global crude oil prices, wait-and-see consumer attitudes due to US tariffs and a different Lunar New Year holiday schedule Taiwan’s retail sales ended a nine-year growth streak last year, slipping 0.2 percent from a year earlier as uncertainty over US tariff policies affected demand for durable goods, data released on Friday by the Ministry of Economic Affairs showed. Last year’s retail sales totaled NT$4.84 trillion (US$153.27 billion), down about NT$9.5 billion, or 0.2 percent, from 2024. Despite the decline, the figure was still the second-highest annual sales total on record. Ministry statistics department deputy head Chen Yu-fang (陳玉芳) said sales of cars, motorcycles and related products, which accounted for 17.4 percent of total retail rales last year, fell NT$68.1 billion, or
In the wake of strong global demand for AI applications, Taiwan’s export-oriented economy accelerated with the composite index of economic indicators flashing the first “red” light in December for one year, indicating the economy is in booming mode, the National Development Council (NDC) said yesterday. Moreover, the index of leading indicators, which gauges the potential state of the economy over the next six months, also moved higher in December amid growing optimism over the outlook, the NDC said. In December, the index of economic indicators rose one point from a month earlier to 38, at the lower end of the “red” light.