Named Taiwan's Richest, Yageo Chairman Chen Tai-ming: 'Just Listen, Focus on Long-term Strategy'

Chen Tai-ming, Chairman of passive component giant Yageo, said today that hearing the news of becoming Taiwan's richest person felt "very glamorous" but left him "blank-minded." He stated that such information is "just something to listen to," and that he and his management team continue to focus on long-term strategic development. Over the past decade, the Yageo Group has been pursuing a continuous transformation plan, which has proven highly effective. Chen noted that rankings fluctuate and stock prices change daily, but he and his team remain focused on optimizing product portfolios to make operations more efficient, and have achieved good results through mergers and acquisitions. Chen also expressed gratitude for the positive development of the overall market, believing that the most important factor is the transformation plan that the Yageo Group has been pursuing for the past 10 years, which has yielded significant results. The transformation process is still ongoing.