TAIPEI (Taiwan News) — Taiwan Creative Content Agency (TA ICCA) signed a Memorandum of Intent on May 8 with Teco Image Systems (TIS) to promote cultural integration and social inclusion between enterprises and the cultural content industry.
Meanwhile, Eugene Huang (黃育仁), chair of TIS and scion of the founding family of TECO Electric and Machinery (TECO), has committed to partnering with MOBBY (觸覺科技) to develop touch maps and teaching aids through 3D printing.
This technology allows cultural content to become tangible 3D objects, benefiting sight-impaired individuals and offering children a new way to engage with art and media.
Previously focused on designing and manufacturing fax machines and scanners, TIS, under Huang's leadership, has ventured into 3D printing and other imaging technologies. The partnership with TAICCA promises social benefits and commercial opportunities in the creative sector.
Huang’s vision for TECO involves embracing new technologies. He aims to transform the company's strategy by leveraging AI and 3D printing for future electric motor production. His campaign advocates for innovative thinking and targeted capital allocation to ensure survival in evolving markets.
To achieve this, Huang has formed a FutureTECO team, including Fang Song-ren (方頌仁) and Lee Ming-shiuan (李明萱) as non-independent and independent directors respectively. Huang anticipates that these and other proposed changes will attract new investors and revitalize TECO.
Fang has extensive executive experience in the development, production, and distribution of semiconductors and related technology through his experiences at United Microelectronics, Macronix International and others. Meanwhile, Lee has long-term previous experience in the semiconductor industry as CFO and vice president of Kingmax Semiconductor Inc.
Following the appointment of the current board in 2021, significant stakeholders, including Silchester International Investors and Marathon Asset Management, divested their holdings due to concerns about corporate structure and direction.
The FutureTECO campaign invites investors to support their vision at the TECO AGM on May 24.