Taiwanese entrepreneur listed as one of world's top 100 CEOs
CNA 2012-12-24 08:51
MediaTek founder Tsai Ming-kai. (Photo/Yen Chien-lung)
The chairman of MediaTek, a Taiwanese mobile phone chip maker, has been chosen by Harvard Business Review as one of the world's 100 best CEOs in its 2013 ranking of the long-term performances of global business leaders.
In its January-February 2013 issue, the management magazine published by Harvard University ranked Tsai Ming-kai 83rd on the list that was topped by late Apple CEO Steve Jobs.
Tsai was the only Taiwanese entrepreneur on the list.
Since founding MediaTek in May 1997 to make chips for CD/DVD devices, Tsai has turned the fabless semiconductor company into one of the world's biggest designers and vendors of digital television and handset chips.
According to market research firm iSuppli, MediaTek's global revenues are expected to reach US$3.47 billion this year, up by 4.9% from the previous year.
That would make the Hsinchu county-based company the world's 17th largest semiconductor company, according to iSuppli.
The company's capitalization has also grown to US$15 billion under Tsai's leadership, according to the Harvard Business Review.
The ranking of the world's best 100 CEOs was made based on the company's return on equity and capitalization during the tenure of the CEO.
More than 3,000 CEOs around the world were evaluated for the latest ranking, the magazine said.
