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Acer head shrugs off Samsung's plan to 'kill Taiwan' (update)

Acer head shrugs off Samsung's plan to 'kill Taiwan' (update)

Taipei, March 22 (CNA) Acer Inc. Chairman J.T. Wang said Friday it is "impossible" for South Korea's Samsung Electronics Co. to carry out its plan to "kill Taiwan." After the 2008 financial crisis, Samsung's top business operating policymaking meeting decided to adopt a "kill Taiwan" strategy, the local Business Today magazine reported March 20. On the sidelines of a forum on corporate social responsibility, Wang shrugged off the South Korean electronics giant's strategic goal, describing it as an impossible dream. "It is a very complex world, consisting of various needs and diverse preferences. There is no company that can take it all," Wang told reporters. "It is a thrilling view, but it's not realistic," he added, referring to Samsung's reported goal. After jolting Taiwan's high technology industry, Samsung is now taking aim at Taiwanese tech giants Hon Hai Group -- the world's largest electronics manufacturing service (EMS) provider -- and Taiwan Semiconductor Manufacturing Co. (TSMC), the world's top contract chipmaker. Samsung has become the world's leading producer of dynamic random access memory chips (DRAM) and Flash memory chips (NAND Flash) and has been aggressively expanding its contract chip manufacturing business in recent years, becoming a major competitor against TSMC. Asked about Acer's economic outlook, Wang said the company may break even in the first quarter and see "better growth" in the second, but he did not give any precise projections. (By James Lee)


Updated : 2021-03-04 09:28 GMT+08:00