Cher Wang

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Cher Wang
Cher Wang in WEF.jpg
HTC Chairwoman Cher Wang shows new mobile phone motherboard at the World Economic Forum on January 23, 2008
Born (1958-09-14) 14 September 1958 (age 55)
Nationality Taiwanese
Citizenship  Republic of China
Education UCBerkeley,1981
Occupation Entrepreneur
Years active 1997-present
Employer HTC, VIA Technologies
Known for Contributions to HTC and VIA; creating a fairly early model of smart phones in 1997
Home town Taipei, Taiwan
Net worth US$8.8 billion
Partner(s) Chen Wen-Chi, Chimu Lin
Parents Wang Yung-ching
Jiao Yang
Relatives Cherlin Wang
Awards Forbes World's Billionaires list, 2010, 2011, 2012; Forbes World's Most Powerful Women list, 2012

Cher Wang (traditional Chinese: 王雪紅; simplified Chinese: 王雪红; pinyin: Wáng Xuěhóng; (1958-09-14)14 September 1958) is a Taiwanese entrepreneur and philanthropist born in Taipei, Taiwan. As co-founder and chairperson (since 2007[1]) of HTC Corporation—which manufactured one out of every six smartphones sold in the United States—and integrated chipset maker VIA Technologies, she has been called the pride of Taiwan[2] and is considered one of the most powerful and successful women in technology.[3] Wang's father was Wang Yung-ching,[4] founder of the plastics and petrochemicals conglomerate Formosa Plastics Group and one of the wealthiest individuals in Taiwan before his death in 2008.

Education[edit]

Wang studied abroad at the College Preparatory School in Oakland, California, and went on to receive her bachelor's degree in economics[5] from the University of California, Berkeley in 1981.

Career[edit]

She joined First International Computer (FIC) in 1982.[6] Wang and others founded VIA in 1987 and HTC in 1997. In May 2011, Forbes ranked her with husband Wen Chi Chen as the wealthiest person in Taiwan, with a net worth of US$8.8 billion.[7] In August 2012, Wang was named #56 on Forbes' list of The World's 100 Most Powerful Women.[8]

Philanthropy[edit]

In 2011 Wang donated US$28.1 million to help found Guizhou Forerunner College, a charitable college in southwest China set up by VIA Technologies' non-profit Faith-Hope-Love Foundation.[9] The not-for-profit college aims to provide three years of free or low-cost education to students from low-income families. Wang has stated that if the college proves successful she may well set up additional similar institutions in other parts of the country.

Wang has also made significant donations to the University of California, Berkeley, including funding to support and enhance the prestigious American Physical Society's Oliver E. Buckley Condensed Matter Prize, given to researchers who make considerable contributions to the field of condensed-matter physics.[10]

Wang and Chen also provide funding to support a collaborative program between the psychology departments at UC Berkeley and Tsinghua University in Beijing.[11] The Berkeley-Tsinghua Program for the Advanced Study in Psychology aims to create and support collaborative, psychological research between faculty and students from both universities.

In August 2012 Wang donated 6,000 HTC Flyer tablet PCs to 60 high schools in Taipei.[2]

Personal life[edit]

Wang is an avid philanthropist who says she prefers to stay out of the limelight despite her many accomplishments.[6] She has begun to insert herself in Taiwan politics, however, by supporting Taiwan President Ma Ying-jeou in his bid for re-election[12] and by voicing her support for the 1992 Consensus.[13] Her husband is Wen Chi Chen, the CEO of VIA Technologies. Wang is Christian. She has two children.[6]

References[edit]

  1. ^ "Executive Profile: Cher Wang". Businessweek. Retrieved 5 March 2013. 
  2. ^ a b "HTC's Cher Wang ranked 56th on Forbes' list of powerful women". Watch China Times. 2012-08-24. Retrieved 2013-01-17. 
  3. ^ "Most Influential Women in Technology 2011 - Cher Wang". FastCompany. Retrieved 10 January 2013. 
  4. ^ Kovac, Matt (2005-07-11). "Taiwan's Priestess of The PDA". Business Week. Retrieved 2008-08-08. 
  5. ^ Adams, Jonathan (2010-03-03). "Strain on HTC From Apple Suit Is Likely to Be Long-Term". New York Times. Retrieved 2010-03-03. 
  6. ^ a b c Holson, Laura (2008-10-26). "With Smartphones, Cher Wang Made Her Own Fortune". The New York Times. Retrieved 2008-10-29. 
  7. ^ Flannery, Russell (2011-05-25). "Taiwan’s 40 Richest". Forbes. Retrieved 2011-05-25. 
  8. ^ "The World's 100 Most Powerful Women". Forbes. 2012-08-22. Retrieved 2013-01-15. 
  9. ^ Cheng-yen, Han (2011-09-24). "HTC's Cher Wang opens vocational school in Guizhou". Want China Times. Retrieved 2013-01-15. 
  10. ^ "Buckley Prize Receives Major Donation from Taiwanese Company". APS News. November 2012. Retrieved 2013-01-15. 
  11. ^ Anwar, Yasmin (2010-07-15). "UC Berkeley psychologists bring science of happiness to China". US Berkeley News Center. Retrieved 2013-01-15. 
  12. ^ "Ma Ying-jeou wins Taiwan election," Financial Times, January 14, 2012
  13. ^ "I back 1992 Consensus as a true Taiwanese, says HTC's Cher Wang," Want China Times, January 14, 2012

External links[edit]