Hon Hai Precision Industry Co (鴻海) chairman Terry Gou (郭台銘) is the 23rd-richest man in the world’s high-tech sector, according to Forbes’ list of the world’s 100 richest tech businesspeople.
With US$10.2 billion in net worth as of Aug. 21, Gou rose eight notches from a year earlier to occupy the top spot among Taiwanese high-tech entrepreneurs in the latest rankings, the magazine said.
People active in hardware, software, social media, online gambling and high-tech manufacturing were considered for the list, Forbes said.
Hon Hai, which is known as Foxconn Technology Group (富士康) outside Taiwan, is the world’s largest contract electronics maker.
It assembles iPhones and iPads for Apple Inc.
Gou ranked second among the top-50 richest people in Taiwan and 182nd in the world in the previous two rankings released by Forbes this year.
Two other Taiwanese tech tycoons made the latest list.
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) ranked 60th with a net worth of US$4.2 billion, while Largan Precision Co (大立光) cofounder Scott Lin (林耀英) ranked 76th with a net worth of US$3.2 billion.
Quanta is the world’s largest contract notebook computer maker and also one of the main suppliers of the Apple Watch.
Largan, which makes 90 percent of all rear lenses for Apple’s iPhones, generated about 40 percent of its total revenue from Apple last year, Forbes said.
The tech billionaire rankings were dominated by US-based entrepreneurs, who took 50 out of the 100 spots, including the top six places, Forbes said.
Microsoft Corp cofounder Bill Gates retained the top position with a net worth of US$84.5 billion, ahead of Amazon.com Inc chief executive officer Jeff Bezos (US$81.7 billion) and Facebook Inc cofounder Mark Zuckerberg (US$69.6 billion).
The combined net worth of the top 100 richest tech businesspeople topped US$1 trillion, up 21 percent from a year earlier, the magazine said.
Taiwan’s technology protection rules prohibits Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) from producing 2-nanometer chips abroad, so the company must keep its most cutting-edge technology at home, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday. Kuo made the remarks in response to concerns that TSMC might be forced to produce advanced 2-nanometer chips at its fabs in Arizona ahead of schedule after former US president Donald Trump was re-elected as the next US president on Tuesday. “Since Taiwan has related regulations to protect its own technologies, TSMC cannot produce 2-nanometer chips overseas currently,” Kuo said at a meeting of the legislature’s
TECH WAR CONTINUES: The suspension of TSMC AI chips and GPUs would be a heavy blow to China’s chip designers and would affect its competitive edge Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s biggest contract chipmaker, is reportedly to halt supply of artificial intelligence (AI) chips and graphics processing units (GPUs) made on 7-nanometer or more advanced process technologies from next week in order to comply with US Department of Commerce rules. TSMC has sent e-mails to its Chinese AI customers, informing them about the suspension starting on Monday, Chinese online news outlet Ijiwei.com (愛集微) reported yesterday. The US Department of Commerce has not formally unveiled further semiconductor measures against China yet. “TSMC does not comment on market rumors. TSMC is a law-abiding company and we are
FLEXIBLE: Taiwan can develop its own ground station equipment, and has highly competitive manufacturers and suppliers with diversified production, the MOEA said The Ministry of Economic Affairs (MOEA) yesterday disputed reports that suppliers to US-based Space Exploration Technologies Corp (SpaceX) had been asked to move production out of Taiwan. Reuters had reported on Tuesday last week that Elon Musk-owned SpaceX had asked their manufacturers to produce outside of Taiwan given geopolitical risks and that at least one Taiwanese supplier had been pushed to relocate production to Vietnam. SpaceX’s requests place a renewed focus on the contentious relationship Musk has had with Taiwan, especially after he said last year that Taiwan is an “integral part” of China, sparking sharp criticism from Taiwanese authorities. The ministry said
Semiconductor shares in China surged yesterday after Reuters reported the US had ordered chipmaking giant Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) to halt shipments of advanced chips to Chinese customers, which investors believe could accelerate Beijing’s self-reliance efforts. TSMC yesterday started to suspend shipments of certain sophisticated chips to some Chinese clients after receiving a letter from the US Department of Commerce imposing export restrictions on those products, Reuters reported on Sunday, citing an unnamed source. The US imposed export restrictions on TSMC’s 7-nanometer or more advanced designs, Reuters reported. Investors figured that would encourage authorities to support China’s industry and bought shares