Mar 22, 2017

Mediatek announced Board of Directors’ approval on the appointment of Dr. Lih Shyng Tsai as the Co-Chief Executive Officer and nomination to the Board of Directors

MediaTek (MediaTek, Inc.) today announced that its Board of Directors has unanimously approved to appoint Dr. Lih Shyng Tsai (Rick) as the Co-Chief Executive Officer of the Company effective July 1.  Dr. Tsai will report directly to Chairman and Chief Executive Officer Ming-Kai Tsai and will also assume responsibility as Vice Chairman of the Mediatek Group.  At the same time, Dr. Tsai is nominated to be on the Board of Directors.

In addition, a MediaTek Group Office will be established to reinforce responses to future operation and development needs of the group of companies. Ching-Jiang Hsieh, Vice Chairman and President of MediaTek, will assume the responsibility as the President of MediaTek Group Office and reports directly to Ming-Kai Tsai, Chairman of MediaTek Group.   Under the joint leadership of Chairman Ming-Kai Tsai, Co-CEO Lih Shyng Tsai and Vice Chairman Ching-Jiang Hsieh, the MediaTek Group will capitalize its competitive advantages in wireless communication, digital multimedia IC design, power management products, Internet of Things and the automotive electronics to be a leading corporation in smart connected devices.

Chairman Ming-Kai Tsai emphasized that with the appointment of Dr. Tsai as the Co-Chief Executive Officer both he and Dr. Tsai will be working on the mid to long term strategic blueprint to expand on future breakthroughs and growth for MediaTek, and continuously elevate global management capabilities to become an excellent world-class company.  The Chairman also expressed to draw on Dr. Tsai’s expertise in semiconductor and communication, as well as his abundant professional management experience and ability in global businesses to continue MediaTek efforts in growing and developing talents, expanding partnership with the customers and industry chain and in thriving with the existing management team to reach new heights. As Dr. Tsai had also served on the Board of Directors of several international companies, his experience will certainly benefit MediaTek corporate governance after his election as a Board of Director of MediaTek.

Dr. Tsai received a B.S. degree in Physics from National Taiwan University and a Ph.D. degree in Materials Science and Engineering from Cornell University.  Prior to MediaTek, Dr. Tsai served as Chairman and Chief Executive Officer of Chunghwa Telecom Co., Ltd., from 2014 to 2016.  From 2011 to 2014, Dr. Tsai was concurrently the Chairman and Chief Executive Officer of TSMC Solar Ltd., a provider of high-performance solar modules, and TSMC Solid State Lighting Ltd., a company providing integrated LED lighting solutions.  Dr. Tsai was TSMC’s President of New Businesses from June 2009 to July 2011 and President and CEO of TSMC from July 2005 to June 2009.  Dr. Tsai held many other key executive positions including COO, EVP of Worldwide Sales and Marketing, and EVP of Operations since joining TSMC in 1989.  Before TSMC, Dr. Tsai held various technical positions at Hewlett Packard, an international information technology company, from 1981 to 1989.   Dr. Tsai has substantial and comprehensive leadership experience and is an exceptional international professional manager.

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