The 2023 “Yahoo Finance Investment Trend Summit (Yahoo Finance Invest)” made its grand debut in the Asia-Pacific region today (14th). This year, with “Innovation and Integration: Expanding a New Future” as the main theme, we will explore how to fully grasp future business trends, including AI, 5G and financial technology, and keep up with the ever-changing pulse of technological development. During the event, corporate leaders such as Chen Junsheng, chairman of Acer, Lin Zhichen, general manager of Taiwan Mobile, and Hong Jinyang, chairman of panel manufacturer Innolux, were specially invited to receive an exclusive online interview with Brian Sozzi, executive editor of the American “Yahoo Finance”, to discuss driving The key market forces in 2024, and how companies should respond to factors such as AI, geopolitics, and sustainability.
Acer Chairman Chen Junsheng: Geopolitical uncertainty is the biggest challenge in 2024
Focus on employee autonomy and cultivate next-generation leaders with entrepreneurial capabilities
This year’s “Yahoo Finance Investment Trends Summit” had Chen Junsheng, chairman of Acer, as the first speaker. In the interview, he pointed out that the biggest challenge in 2024 is geopolitical uncertainty, which will promote the “home economy” to become mainstream. Faced with an environment full of uncertainty, Chen Junsheng encouraged employees to have autonomy instead of just following instructions. He mentioned that Acer Group was trying to build the company into a super incubator and implement internal entrepreneurship. So far, dozens of projects have been implemented, and the process from the rise of multiple companies to public listings and the enthusiasm of the companies have created additional value for shareholders and employees. The enthusiasm shown by a company’s talent when they gain autonomy will inspire employees to propose different levels of vision and make them better leaders.
In response to the current situation of the PC industry and the priority to promote innovation next year, Chen Junsheng responded that the worst situation in the PC industry has bottomed out in May, and then demand has returned to “normal seasonal levels.” If compared with the numbers in 2019 before the epidemic, the current performance is a little better than that in 2019, but of course it is worse than the epidemic cycle. Regarding the main directions of innovation in 2024, Chen Junsheng revealed that first, he hopes to become a good corporate model of ESG sustainable development. For example, Acer is doing its best to integrate recycled materials into its computer-related product manufacturing processes, and the same is true for home appliances. Second, it is necessary to ensure that corporate resilience is improved, including introducing network security services from group companies and building multiple business engines to improve corporate resilience. Third, AI is fully effective in the medical and health fields.
Taiwan General Manager Lin Zhichen: 5G will continue to drive the growth of the telecommunications industry, and new industries are still very active
Talking about the outlook for 2024, Lin Zhichen called on telecom operators to be more active in eliminating barriers with the technology industry
Lin Zhichen, general manager of Taiwan Mobile, chairman and partner of AppWorks, said that 5G has been the key to promoting the growth of the telecommunications industry in the past two years, and is also expected to be a major boost to the industry in the next two to three years. In addition, Lin Zhichen also shared that AI has many applications in the telecommunications industry, and the directions that will have the greatest impact are customer service business and internal knowledge management. However, compared with AI, the development of decentralized business models based on blockchain or Web3 concepts is more likely to bring revolutionary changes to the telecommunications industry.
Regarding the outlook for 2024, Lin Zhichen said that Taiwan Dazheng is actively handling the integration with Taiwan Star. In the next two years, the goal will be to make the integration process smooth and make the integrated platform larger. Only in this way can “Telco + Tech” be created, allowing the company to have more growth momentum in the next five to ten years. This is the primary goal of the telecommunications sector. As for the AppWorks business, Lin Zhichen also observed that the new startup industry is still very active. Even if the current economic situation is in a bear market, there are still many entrepreneurs who are determined to build a new generation of companies. AppWorks will do its best to serve as a platform for these young entrepreneurs. Home’s help. Lin Zhichen also emphasized that telecom companies should be more actively involved in the technology industry instead of simply developing infrastructure. As the CEO of two companies, this opportunity is quite rare; if the gap between the two industries can be bridged and proven to other telecommunications industries and startups, it will be good news for ordinary users and corporate customers.
Fascinating the potential of AI, Innolux Chairman Hong Jinyang talks about the future prospects of the panel industry
Talking about the bottleneck of the panel industry, Hong Jinyang: Invisible value is the core
Hong Jinyang, chairman of panel maker Innolux, shared at the meeting the bottlenecks facing the panel industry, ESG sustainable development, AI applications and how to innovate in the future. Regarding the technology industry, he said that everyone’s understanding of TVs and panels has been subverted. With the integration of artificial intelligence and IoT software, sensors are used in houses and cars, and panel applications will no longer be limited to TVs, monitors or panels. , but should see more value, “We are talking about things that are invisible to the naked eye, including lower power consumption, more efficient signal transmission, and even heat dissipation performance. These are the areas where we invest heavily.”
Hong Jinyang also pointed out that the emergence of AI is not only the upgrade of equipment, but also the market-oriented part. With the help of AI, it is better to predict demand and better schedule inventory; even back to the factory and the manufacturing process itself, with the help of AI The manufacturing process can be more efficient. Hong Jinyang also pointed out that the production process is inseparable from ESG sustainable development. With the help of AI, many needs can be customized, reducing waste, thereby mitigating the carbon emissions of the entire process. “I think AI will definitely have a significant impact on the industrial value chain.”
The “Yahoo Finance Investment Trends Summit” not only featured wonderful sharings by many Taiwanese business leaders and professional managers, but also had the world-renowned actor and business founder Edward Norton talk about his new startup “Zeck”, and Views on the future development and application of AI. Four-time professional tennis Grand Slam champion Naomi Osaka shared the challenges of transitioning from an athlete to becoming an entrepreneur, including key points learned in starting a business and how to examine the opportunities encountered in the process. This year’s “Yahoo Finance Investment Trends Summit” once again brings together top business leaders and news figures from various major industries to share their professional knowledge and unique insights with investors, and to explore the key decision-making and investment opportunities in 2024!
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For complete information on the 2023 “Yahoo Finance Investment Trend Summit”, please refer to: https://tw.stock.yahoo.com/topic/yahoofinanceinvest