SCUTTLEBUTT:Wang Jyh-chao is likely to be involved in managing allocation relations between Innolux and Sharp, or with marketing Sharp TVs in China, an analyst said

Taipei Times
Date: Mar 16, 2017
By: Lisa Wang / Staff reporter

Innolux Corp (群創) yesterday said company president Wang Jyh-chao (王志超) is to step down from his post, amid speculation that he is to play a greater role in parent company Hon Hai Precision Industry Co’s (鴻海精密) latest push into LCD panel manufacturing in China.

As part of Innolux’s management shuffle, the board of directors yesterday also approved the promotion of executive vice president Robert Shiao (蕭志弘) to succeed Wang.

Wang is to stay on as chairman, while Shiao will work as chief operating officer to help Innolux accelerate its global expansion, the Miaoli-based flat-panel maker said in a statement.

The personnel adjustment was to bolster the firm’s corporate governance practices, as well as cope with expansion of Hon Hai Technology Group (鴻海集團), according to the statement.    [FULL  STORY]