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IN THIS ISSUE Saudi Aramco's Khalid A. Al-Falih Gave a Keynote Speech
IN THIS ISSUE Member News Sino-Australian Economic Ties Remain Strong Maintaining China’s Stability is a Top Priority - Resources on Family Business And Why Inflation Isn’t a Problem The Promise of Islamic Finance MAY 2012 Member News Saudi Aramco’s Khalid A. Al-Falih gave a keynote speech at King Fahd University of Petroleum and Minerals. 3M’s George Buckley was interviewed by the Financial Times. Morris Chang of Taiwan Semiconductor Manufacturing Co. was named Green CEO of the Year at the Top Green Brands awards. SK Group’s Chey Tae-won discussed social enterprises at a meeting preceding the Boao Forum in Hainan, China. Kris Gopalakrishnan of Infosys was interviewed by The Hindu Business Line and The Times of India. Hana Financial Group’s Kim Seung-yu stepped down from his role as Chairman and CEO. Fubon Financial Holding Co.’s Daniel Tsai was named Asia’s Best CEO of Investor Relations by Corporate Governance Asia magazine. He also joined the University of Southern California’s Board of Trustees. Lawson’s Takeshi Niinami outlined his company’s expansion in Asia, particularly China, in an interview with Bloomberg Television. Anand Mahindra of Mahindra & Mahindra discussed Mahindra Research Valley, the company’s new research and development facility, in an interview with The Economic Times. TransUnion’s Penny Pritzker was inducted into the American Academy of Arts and Sciences. SOHO China’s Zhang Xin shared her thoughts on the Chinese property market in an interview with Bloomberg Television. Ayala Corp.’s Jaime Augusto Zobel de Ayala discussed his company’s strategy to expand its offerings to lower income groups in an interview with Rappler. -
Coming Back Home After the Sun Rises: Returnee Entrepreneurs and Growth of High Tech Industries
G Model RESPOL-2772; No. of Pages 17 ARTICLE IN PRESS Research Policy xxx (2012) xxx–xxx Contents lists available at SciVerse ScienceDirect Research Policy jou rnal homepage: www.elsevier.com/locate/respol Coming back home after the sun rises: Returnee entrepreneurs and growth of high tech industries a,b c,∗ d Martin Kenney , Dan Breznitz , Michael Murphree a Department of Human and Community Development, University of California, Davis, United States b Berkeley Roundtable on the International Economy, United States c The Scheller College of Business, Georgia Institute of Technology, United States d Sam Nunn School of International Affairs, Georgia Institute of Technology, United States a r t i c l e i n f o a b s t r a c t Article history: Recently, the role of returnees in the economic development of various East Asian nations has received Received 6 November 2011 much attention. The early literature on the relocation of the most highly trained individuals from a devel- Received in revised form 30 July 2012 oping nation to a developed nation viewed the phenomena as a “brain drain.” Since the 1990s, a new Accepted 4 August 2012 strand of thinking has suggested that for developing nations this was actually a positive phenomenon; as Available online xxx these expatriates studied and then worked abroad, they absorbed technical expertise, managerial, and entrepreneurial skills. These theories stipulated that these expatriates then returned home, and ignited Keywords: a virtuous circle of technological entrepreneurship leading to rapid economic development. Much of this High skilled immigrants Innovation literature gives returnees a critical role in the home country’s take-off period of the local information and communications technology (ICT) industry. -
2016-2017 CCKF Annual Report
2016-2017 INTRODUCTION The Chiang Ching-kuo Foundation for International Scholarly Exchange (the Foundation) was established in 1989 in memory of the outstanding achievements of the late President of the Republic of China, Chiang Ching- kuo (1910-1988). The Foundation’s mission is to promote the study of Chinese culture and society, as well as enhance international scholarly exchange. Its principal work is to award grants and fellowships to institutions and individuals conducting Sinological and Taiwan-related research, thereby adding new life to Chinese cultural traditions while also assuming responsibility for the further development of human civilization. Operational funds supporting the Foundation’s activities derive from interest generated from an endowment donated by both the public and private sectors. As of June 1, 2017, the size of this endowment totaled NT$3.62 billion. The Foundation is governed by its Board of Directors (consisting of between 15 and 21 Board Members), as well as 3 Supervisors. Our central headquarters is located in Taipei, Taiwan, with a regional office near Washington D.C. in McLean, Virginia. In addition, the Foundation currently maintains four overseas centers: the Chiang Ching-kuo International Sinological Center at Charles University in Prague (CCK-ISC); the Chiang Ching-kuo Foundation Inter-University Center for Sinology at Harvard University (CCK-IUC); the Chinese University of Hong Kong – Chiang Ching-kuo Foundation Asia-Pacific Centre for Chinese Studies (CCK-APC); and the European Research Center on Contemporary Taiwan – A CCK Foundation Overseas Center at Eberhard Karls Universität Tübingen (CCKF-ERCCT). There are also review committees for the five regions covering the geographic scope of the Foundation’s operations: Domestic, American, European, Asia-Pacific and Developing. -
The Politics of Global Production: Apple, Foxconn and Chinas New
New Technology, Work and Employment 28:2 ISSN 0268-1072 The politics of global production: Apple, Foxconn and China’s new working class Jenny Chan, Ngai Pun and Mark Selden Apple’s commercial triumph rests in part on the outsourcing of its consumer electronics production to Asia. Drawing on exten- sive fieldwork at China’s leading exporter—the Taiwanese- owned Foxconn—the power dynamics of the buyer-driven supply chain are analysed in the context of the national ter- rains that mediate or even accentuate global pressures. Power asymmetries assure the dominance of Apple in price setting and the timing of product delivery, resulting in intense pressures and illegal overtime for workers. Responding to the high- pressure production regime, the young generation of Chinese rural migrant workers engages in a crescendo of individual and collective struggles to define their rights and defend their dignity in the face of combined corporate and state power. Keywords: Foxconn, Apple, global supply chains, labour, China, outsourcing, consumer electronics manufacturing, collective actions. Introduction The magnitude of Apple’s commercial success is paralleled by, and based upon, the scale of production in its supply chain factories, the most important of them located in Asia (Apple, 2012a: 7). As the principal manufacturer of products and components for Apple, Taiwanese company Foxconn1 currently employs 1.4 million workers in China alone. Arguably, then, just as Apple has achieved a globally dominant position, described as ‘the world’s most valuable brand’ (Brand Finance Global 500, 2013), so too have the fortunes of Foxconn been entwined with Apple’s success, facilitating Foxconn’s rise to become the world’s largest electronics contractor (Dinges, 2010). -
After the Chinese Group Tour Boom 中國團體旅遊熱潮之後
December 2018 | Vol. 48 | Issue 12 THE AMERICAN CHAMBER OF COMMERCE IN TAIPEI IN OF COMMERCE THE AMERICAN CHAMBER After the Chinese Group Tour Boom 中國團體旅遊熱潮之後 TAIWAN BUSINESS TOPICS TAIWAN December 2018 | Vol. 48 | Issue 12 Vol. 2018 | December 中 華 郵 政 北 台 字 第 5000 SPECIAL REPORT 號 執 照 登 記 為 雜 誌2019 交 寄 ECONOMIC OUTLOOK Published by the American Chamber Of NT$150 Commerce In Taipei Read TOPICS Online at topics.amcham.com.tw 12_2018_Cover.indd 1 2018/12/9 下午6:55 CONTENTS NEWS AND VIEWS 6 Editorial Don’t Move Backwards on IPR DECEMBER 2018 VOLUME 48, NUMBER 12 7 Taiwan Briefs By Don Shapiro 10 Issues Publisher Higher Rating in World Bank William Foreman Editor-in-Chief Survey Don Shapiro Art Director/ / By Don Shapiro Production Coordinator Katia Chen Manager, Publications Sales & Marketing COVER SECTION Caroline Lee Translation After the Chinese Group Tour Kevin Chen, Yichun Chen, Charlize Hung Boom 中國團體旅遊熱潮之後 By Matthew Fulco 撰文/傅長壽 American Chamber of Commerce in Taipei 129 MinSheng East Road, Section 3, 14 Taiwan’s Hotels Grapple with 7F, Suite 706, Taipei 10596, Taiwan P.O. Box 17-277, Taipei, 10419 Taiwan Oversupply Tel: 2718-8226 Fax: 2718-8182 旅 e-mail: [email protected] website: http://www.amcham.com.tw Although market demand is flat, additional new hotels continue to 050 2718-8226 2718-8182 be constructed. 21 Airbnb on the Brink in Taiwan Business Topics is a publication of the American Taiwan Chamber of Commerce in Taipei, ROC. Contents are independent of and do not necessarily reflect the views of the Changes in regulatory approaches Officers, Board of Governors, Supervisors or members. -
Value Chain Assignment
Value Chain Assignment 2008 MBA/ENG 290G International Competition in Technology Team 1 • Team 1: Cloud 1 Project: Software cloud • Franck Formis - franck_formis[at]mba.berkeley.edu • Vincent Wai-Shan Ng - vincentng[at]berkeley.edu • Jameson Slattery - jameson_slattery[at]mba.berkeley.edu • Robert Ka Chun Kong - rkong[at]berkeley.edu • Chuohao Yeo - zuohao[at]eecs.berkeley.edu 2 PC Value Chain Analysis MBA 290G.1 9/24/2008 Team 1: Franck Formis, Robert Kong, Vincent Ng, Jameson Slattery & Chuohao Yeo Acer value chain and its dependencies Distribution & R&D Components Manufacturer Marketing •Apacer •Toshiba •Wistron •Channel Business •AQR •Fujitsu •BenQ Model – indirect •Kingdom Corp. •Sony •AMBIT •Resellers •Animeta System •Hitachi •ALi partnership •Mitsubishi •Aegis •Global •Lite-On Semiconductor distributor •IBM •Yam Digital Tech. •Acer Computer •Ambit •Legend Tech. •Logistron Service •Sumida •RDC Semiconductor •Broadwalk Capital •Sanyo •Feiya Tech. Red – heavy presence by Acer 4 Blue – no or light presence by Acer Example 5 Source: http://somo.nl/html/paginas/pdf/Acer_Incorporated_Company_Prof_2005_EN.pdf Asus value chain and its dependencies •R&D center •Chips •Motherboard •Eee PC •Sales, •Sales, •Core •Logic IC •LED display •Ultra marketing marketing technology •PCB •Sound blaster Mobile PC and PM and PM center •Connectors •Eee PC •phone groups groups •DRAM •Intel, nVIDIA etc •Procurement and material management center Red – heavy presence by Asus 6 Blue – no or light presence by Asus Dell Value Chain Marketing & R&D Components Design -
THE STORY of ELECTRONICS: Annotated Script
THE STORY OF ELECTRONICS: Annotated Script By Annie Leonard The other day, I couldn’t find my computer charger. My computer is my lifeline to my work, my friends, my music. So I looked everywhere, even in that drawer where this lives. I know you have one too, a tangle of old chargers, the sad remains of electronics past. How did I end up with so many of these things? It’s not like I’m always after the latest gadget. My old devices broke or became so obsolete I couldn’t use them anymore. And not one of these old chargers fits my computer. Augh. This isn’t just bad luck. It’s bad design.1 I call it “designed for the dump.” “Designed for the dump” sounds crazy, right? But when you’re trying to sell lots of stuff, it makes perfect sense. It’s a key strategy of the companies that make our electronics.2 In fact it’s a key part of our whole unsustainable materials economy. Designed for the dump means making stuff to be thrown away quickly. Today’s electronics are hard to upgrade, easy to break, and impractical to repair. My DVD player broke and I took it to a shop to get fixed. The repair guy wanted $50 just to look at it! A new one at Target costs $39.3 In the 1960s, Gordon Moore, the giant brain and semiconductor pioneer, predicted that electronics 1. It may seem crazy, but many of these products are actually designed where consumers access data on the Internet – or “the cloud” – to break after a certain amount of time. -
To View This Newsletter As a Web Page, Click Here
To view this newsletter as a web page, click here. IN THIS ISSUE Member News After G7 Talks, Prospect of U.S.-China Trade Conflict Still Unclear Continued Protests in Hong Kong Pose New Risks To Business Asian Metropolises Unveil Plans to Battle Rising Sea Levels Asia Business Council Annual Survey Results 2019 Upcoming Forum Dates SEPTEMBER 2019 Member News Erramon Aboitiz of Aboitiz Equity Ventures spoke of employees’ efforts to plant native trees as part of the company’s sustainability initiative to restore forests and reduce its carbon footprint. Dominic Barton of Teck Resources discussed the importance for businesses to strike a balance between short-term financial gains and the kind of long-term capitalism that promotes inclusive growth. Ronnie C. Chan of Hang Lung Properties said the U.S.-China trade conflict shows no signs of waning and spoke of the uncertainty in maintaining revenue growth from property leasing in light of the political turmoil in Hong Kong. Morris Chang of TSMC highlighted the importance of nurturing technology talent to Taiwan’s economic development. Cheng Wai Keung of Wing Tai Holdings said that the outlook for Singapore’s home market is subdued due to greater new property supply. Tae-Won Chey of SK Holdings announced the launch of a foundation aimed at conducting research on measuring the social value created by companies. He also stressed the importance of using innovative technologies such as artificial intelligence to drive deep change in SK’s businesses. Jamshyd Godrej of Godrej & Boyce Manufacturing Co. called for prompt actions to tackle climate change as well as better water pricing and regulation in India. -
Endodontics • Infection Control @Septodont USA Contact Your Septodont Rep
A partnered publicationFor Dental with Dental Sales Professionals Sales Pro • www.dentalsalespro.com June, 2010 For Dental Sales Professionals April 2013 Selling opportunities around implants Many implants are sold direct, but there are still opportunities for dealer reps Alcohol Free. Fragrance Free. Worry Free. Introducing NEW Sani-Cloth® AF3. Protecting your patients has never been easier! • Ideal for use around patients and staff Fragrance free formulation. No harsh odors. NEW! • Quat-based disinfection against TB, HIV, HBV and HCV Effective against 44 microorganisms in 3 minutes. • Perfect for equipment and other hard surfaces sensitive to alcohol Compatible with most healthcare equipment. Providing solutions for your customers is as easy as AF3! FREE sample at pdipdi.com/AF3 © 2013 PDI. SELLTO WIN! Win a 32GB Apple® iPad mini when you sell $5000 in any combination of: • OraVerse® (Phentolamine Mesylate) • Biodentine® (15 & 5 Pack) • N’Durance® Dimer Core • N’Durance® Universal Composite • N’Durance® Cristal Composite • N’Durance® Dimer Flow Orders effective 1/1/13 - 6/30/13 Contact your Septodont Rep! Photo courtesy of Apple® Inc. •Utilize this opportunity to build your business, while helping dentists innovate their’s. Please allow 4-8 weeks for delivery. Sales of Biodentine, OraVerse and the following N’Durance products only: Dimer Core, Universal Composite and Dimer Flow will be accumulated from January 1, 2013-June 30, 2013. N’Durance Dimer Core, N’Durance Universal Composite, N’Durance Cristal, N’Durance Dimer Flow, OraVerse and Biodentine are all registered trademarks of Septodont Inc. Not to be combined with any other Septodont offer. Apple® is a registered trademark of Apple Inc. -
Solectron Corporation
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10−K (MARK ONE) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended August 30, 2002 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ___________ TO _____________ Commission File Number 001−11098 SOLECTRON CORPORATION (Exact name of Registrant as Specified in its Charter) Delaware 94−2447045 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification Number) 777 Gibraltar Drive Milpitas, California 95035 (Address of Principal Executive Offices including Zip Code) (408) 957−8500 (Registrant’s Telephone Number, Including Area Code) Securities registered pursuant to Section 12(b) of the Act: 7.25% Adjustable Conversion−Rate Equity Security Units 3.25% Liquid Yield Option Notes due 2020 2.75% Liquid Yield Option Notes due 2020 Common Stock Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ] Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S−K is not contained herein, and will not be contained, to the best of Registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10−K, or any amendment to this Form 10−K. -
Morris Chang Fondateur Et PDG De TSMC, Premier Fondeur Mondial De Semiconducteurs
Le portrait de la semaine «Ces tycoons qui contribuent au succès des pays émergents» Morris Chang Fondateur et PDG de TSMC, premier fondeur mondial de semiconducteurs. Taiwan, Morris Chang ne rentre pas au classement Forbes des hommes les plusBien richesqu’étant du monde,un des possédanthommes les moins plus dereconnus 1% de TSMC. et les Cependant, plus influents il a étéde désigné «homme d’affaires 2012» par Forbes Asia. Président Directeur Général de TSMC (Taiwan Semiconductor Manufacturing Company),Il paraît difficile une fonction de croire qu’il que occupe Morris à plein Chang, temps. 82 ans,Sa retraite est encore au sein aujourd’hui de TSMC du gouvernement taiwanais, allié à Philips. n’est pas encore envisagée, une société qu’il a fondé en 1987 suite à une initiative Morris Chang, né à Ningbo près de Shanghai en Chine en 1931 rêvait petit d’être romancier. Une immigration aux Etats-Unis après la deuxième guerre mondiale et des études à Harvard, l’ont mené vers d’autres horizons. Ses études et une thèse dans l’ingéniérie électronique, lui ont permis de faire carrière dans des sociétés telles que Texas Instruments et General Instruments aux Etats-Unis, à des postes de Morris Chang, fondateur de TSMC, la plus management importants. Il a entre autres dirigé la division des semiconducteurs grande fonderie de semiconducteurs au de Texas Instruments. monde dont le siège social est à Hsinchu, Taïwan. prend la direction de l’Institut de Recherche en Technologie Industrielle à Taïwan, C’est en 1985, après avoir été approché par le gouvernement taiwanais, qu’il souhaitait se faire une place dans le monde des semiconducteurs, Morris Chang créépuis TSMC.deux ans Il introduit plus tard, alors toujours un concept à l’initiative novateur, du celuigouvernement de devenir taïwanais, une fonderie qui dédiée de semiconducteurs, autrement dit, uniquement sous-traitant d’entreprises concevant leurs circuits électroniques (puces, processeurs, mémoires, ...). -
Apple Inc.: Managing a Global Supply Chain1
For the exclusive use of T. Ausby, 2015. W14161 APPLE INC.: MANAGING A GLOBAL SUPPLY CHAIN1 Ken Mark wrote this case under the supervision of Professor P. Fraser Johnson solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. This publication may not be transmitted, photocopied, digitized or otherwise reproduced in any form or by any means without the permission of the copyright holder. Reproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Ivey Business School, Western University, London, Ontario, Canada, N6G 0N1; (t) 519.661.3208; (e) [email protected]; www.iveycases.com. Copyright © 2014, Richard Ivey School of Business Foundation Version: 2014-06-12 INTRODUCTION Jessica Grant was an analyst with BXE Capital (BXE), a money management firm based in Toronto.2 It was February 28, 2014, and Grant was discussing her U.S. equity mandate with BXE’s vice president, Phillip Duchene. Both Grant and Duchene were trying to identify what changes, if any, they should make to BXE’s portfolio. “Apple is investing in its next generation of products, potentially the first new major product lines since Tim Cook took over from Steve Jobs,” she said. Apple Inc., the world’s largest company by market capitalization, had introduced a series of consumer products during the past dozen years that had transformed it into the industry leader in consumer devices.