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...Stan Shih would like nothing better than to see them succeed. Now retired from Acer, the 64-year-old runs a consulting firm, iD SoftCapital Group, that has raised $30 million to fund the branding efforts of Taiwan companies. "If Acer can do it," he says, "so can others." What's in a name? Possibly the future of Taiwan manufacturing...
...Nowadays, Chang says Taiwan must transform itself again to ensure its future growth - and he's leading the charge. In June, he reclaimed TSMC's CEO post four years after relinquishing the job - even though he is 78 years old - with the goal of taking the firm into new industries, possibly solar panels and energy-saving LED lighting. "The next transformation is going to be something that requires ideas, innovation," Chang says. "My basic concern with Taiwan is that the country needs a lot of reforms...
...days from March 28 through June 26--ending its financial quarters on the last day of the month, as most other companies do, would be too pedestrian--Goldman Sachs made more than $3.4 billion. That staggering profit--$1.6 million per hour, $117,000 per employee--is the most the firm has ever earned in a quarter. After Goldman reported the news on July 14, everyone from Wall Street to Wasilla struggled with a basic question: Should we be happy about this...
There isn't. But the mere fact that reporters raised the subject was an indication that the issue is complicated. Goldman's profits are so high because so many of its competitors are wounded or defunct. Though the firm is in this advantageous position because it did a better job of steering through the crisis than did most rivals (JPMorgan Chase is Wall Street's other beacon of health), it probably wouldn't have survived the worst of the panic last fall if there hadn't been a massive government bailout--engineered by a Treasury Secretary who used...
...fewer dealers to sell it - so the correction process is far from complete. Carmakers had nearly 3 million units on hand at the end of 2008 and could have any many as 2 million units in stock by the end of 2009, according to an estimate by the consulting firm PricewaterhouseCoopers...