The resignation of Quanta Computer Inc (
"It may pave the way for the rumors about a merger to finally come true," Sean Ryan (蕭文良), an analyst with Fubon Securities Investment Services Co (富邦證券投顧), said by telephone yesterday.
Media reports said on Monday that Wang had offered to resign because he opposed plans for the merger, and the speculation boosted the computer maker's shares to close at the daily limit the same day.
Wang told the Economic Daily News on Tuesday that he had tendered his resignation to "contemplate" his next move in life and the decision was not related to any merger plans.
Despite Wang's announcement, Quanta insisted that he was only taking a "two-month leave" until Aug. 25.
Along with Lam and vice chairman C.C. Leung (
The three founders remain the pillars of the PC giant, with Lam focusing on research and development and Leung on manufacturing, while Wang serves as "top salesman."
However, Wang's focus on sales and a new management style caused some of the company's research team focusing on global positioning system devices to quits this year, media reports said.
Signs of a power struggle surfaced after last month's shareholder meeting as responsibility for manufacturing and shipment was transferred from Wang to Leung.
Hon Hai, the world's largest electronics parts maker, said in a filing to the Taiwan Stock Exchange on Tuesday that it did not plan to acquire Quanta, denying media reports for the fourth time since August.
But industry sources told the Taipei Times that Hon Hai and Quanta had signed a memorandum of understanding, the contents of which were unknown.
"The merger would boost the economic scale of Hon Hai and complement their client bases," said the analyst, who refused to be named.
It would create an "invincible" supply chain from components to assembling by merging the two companies, he said.
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