Chunghwa's former chairman to head Hon Hai R&D center
February 7, 2014, 12:01 am TWN
TAIPEI -- Taiwan's Hon Hai Precision Industry Co., the main manufacturer of Apple Inc. products, announced yesterday that it has hired telecom veteran Lu Shyue-ching to head its information and communication technology development center.
Lu, who resigned in April last year as chairman of Chunghwa Telecom Co., Taiwan's largest telecom operator, is expected to complete Hon Hai's cloud-based multi-screen strategy, the conglomerate said in an emailed statement.
Hon Hai Chairman Terry Gou said Lu's work for Hon Hai — better known outside Taiwan as Foxconn Technology Group — will contribute to its plan to transform into a company offering a wider range of technology services, according to the statement.
Hon Hai said its newly built ICT development center will foster the required technologies, patents and talented workers for the next generation of Web-based communication products, as part of efforts to cash in on the 5G mobile broadband era of the future.
Hon Hai unit Ambit Microsystems Corp. is one of two new entrants to win a license in Taiwan's recent 4G spectrum bidding, along with Cellular Corp., which is backed by Ting Hsin International Group.
The auction for the 4G spectrum in Taiwan began Sept. 3 last year and came to an end Oct. 30 after 392 rounds of bidding. The bids by the six companies vying for licenses totaled NT$118.65 billion (US$3.97 billion), 3.3 times the floor price set by the government.
Ambit Microsystems obtained 20 MHz of bandwidth, consisting of an A3 block in the 700MHz spectrum and a B3 block in the 900MHz spectrum, at a cost of NT$9.18 billion.