Reported 12 months ago
In a recent interview with Richtek's Chairman and CEO, Wang Yuchao, he shared his reflections on taking over the CEO role last year and his vision for the company. Wang expressed optimism towards the future of display technologies, emphasizing Richtek's role in staying competitive by acquiring key technologies like nanocomp's capabilities in yellow light processes and nanoimprint technology. He highlighted the importance of technological advancements for meeting consumer demands and Richtek's focus on expanding into new display technologies like OLED and MicroLED. Wang also discussed Richtek's strategies in vertical integration through mergers and acquisitions, such as the Nanocomp acquisition for nanoimprint technology which will be applied in producing optical components at the wafer level. Additionally, he addressed Richtek's positioning in the automotive display market, the company's overseas production expansion in Vietnam due to 'China +1' strategy, and the company's emphasis on being customer-centric, an optical technology provider, and a solutions provider.
Source: YAHOO