Word: shih
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Dates: during 2000-2009
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...skills that are-even in a country of 1.3 billion people-in relatively short supply. But as China continues to grow, and the country continues to educate its people to meet the demands of a market economy, the window of opportunity for Chinese Americans will begin to narrow. Daniel Shih believes that has already started to happen. A Taiwan native who became a U.S. citizen in 1984, Shih, 54, was president of Motorola China from 2003 till last year, managing over 10,000 people. He says the days when Chinese Americans could go to China and write their own tickets...
...Stan Shih, who is regarded as the founding father of Taiwan's technology industry, wanted to create the first Chinese computer company known throughout the world. He succeeded?but victories in the PC business are rarely decisive. In late 2000, Shih confided to a colleague that Acer, the PC and electronics manufacturer he built into a global brand, was in deep trouble. "He told me that in the PC business, it's impossible to make a profit," recalls J.T. Wang, who became Acer's chairman and CEO in January when Shih retired...
...Shih had plenty of reasons for pessimism. The brutally competitive computer industry last year claimed even mighty IBM, which sold its PC division to China's Lenovo. But Acer has not only survived; it is thriving. After an embarrassing retreat from the vital U.S. retail market in 1999, Acer has since rebounded to become the No. 5 computer brand in the world. While global PC sales were up 14.7% overall last year, Acer grew at a 34.5% clip, meaning the company is gaining ground on the top four: Dell, HP, IBM and Fujitsu Siemens. "Most people couldn...
...year but its operating margin was a knife-edged 1.7%, compared with Dell's 8.6%. Yet Wang and Lanci are in expansion mode, investing in marketing and distribution networks in China and the U.S. The goal is to become one of the top three PC sellers by 2008. Even Shih seems impressed. "[Wang] has helped place Acer on the right track," Shih says,"and onto a steady and growing momentum." High praise from the man who once thought there was nowhere for his company to go but down...
...Kuomintang party (KMT), which Lee led before being expelled in 2001 for supporting the opposition Democratic Progressive Party, has downplayed Lee's gimmick. "No matter who Lee Teng-hui likes to dress as?be it a clown or comic character?that's his choice," shrugs KMT legislator Lin Yi-shih. "I believe it has a limited impact on young voters." Possibly Lee could pick up senior votes: Edajima is also an octogenarian...