Hi everyone! This is Lauly, braving the 37C heat in Taipei. A few days from now is the Autumnal Equinox, the fourth solar term of autumn in the traditional Chinese calendar, and yet I feel like the weather here lately is even hotter than summer. I was walking to a meeting with an industry source around noon yesterday and after five minutes I was already sweating so much I looked like I had gone for a swim.
The unbearable weather aside, I was invited to the 50th anniversary celebration of Liteon, a key Nvidia power management supplier, last weekend. The Taipei-headquartered supplier, founded in 1975, was the first listed electronics component maker in Taiwan.
Chair Tom Soong said in the past most Taiwanese electronics makers only needed to compete against domestic peers, but now they have to step out of their comfort zone and face global competition, a challenge that requires a completely different level of strategic planning and resource allocation.