EXPANSION:New chairman David Cheng unveiled his blueprint for growth, including exploring ASEAN markets and promoting digital convergence at home
Taipei Times
Date: Dec 17, 2016
By: Lisa Wang / Staff reporter
Chunghwa Telecom Co (中華電信) yesterday said it would explore new partnerships,
Outgoing Chunghwa Telecom Co chairman Rick Tsai, left, shakes hands with incoming chairman David Cheng at a handover a ceremony in Taipei yesterday. Photo: CNA
including forming a joint venture with a peer in Southeast Asia as the nation’s biggest telecom searches for new growth engines overseas.
The overseas expansion plan is in line with the government’s “new southbound policy” as President Tsai Ing-wen’s (蔡英文) administration encourages Taiwanese enterprises to divert their investments from China to ASEAN member states to better manage operational risks, Chunghwa Telecom chairman David Cheng (鄭優) told reporters.
Cheng unveiled his blueprint for Chunghwa Telecom’s business outlook at his first media appearance after assuming his new job at the company yesterday. [FULL STORY]
