Quanta CEO quits over strategy

“Taiwan’s Quanta Computer, the world’s top contract notebook PC maker, said its chief executive quit on Friday, reportedly following a strategy row, sparking a rally in its stock on merger speculation,” Sheena Lee and Argin Chang report for Reuters.

“Michael Wang’s resignation had been rumored for the past few months following an extended period of leave. The company announced that acting CEO and co-founder C.C. Leung had taken over with immediate effect,” Lee and Chang report.

“Wang, who has been with Quanta for about 19 years, has helped win orders from major clients including top brands such as Apple Inc., Hewlett-Packard Co., Dell Inc. and Sony Corp.,” Lee and Chang report.

“Quanta shares closed up 4.3 percent at T$55.30, beating a 0.5 percent dip on the TAIEX index” Lee and Chang report. “Analysts said the rise in the stock was a result of market rumors that Quanta could merge with Taiwan’s top electronics maker, Hon Hai Precision Industry Co., and that the possibility of such a deal could increase with Wang’s departure.”

Full article here.

MacDailyNews Take: Looks like it’s going to be one of those days: the dreaded dog day Friday in August. Steve, please bike on over to the Palo Alto store and start handing out iPhones like they’re Wonka Bars or something – anything – we’re begging you!

19 Comments

  1. Steve jobs will announce today that they have placed 5 golden tickets inside of 5 iPhones sold between 1st day of sale and current iphones in stores. People will begin to rip a part their phones to search for one. Also, the press will look like fools for making all those stupid reports of people opening up the phone the first couple of weeks it was introduced.

  2. “. . . they have placed 5 golden tickets inside of 5 iPhones . . .”

    It’s already in the code for ambitious hackers to discover and exploit.

    *3001#12346#* and tap Call. Enter Golden Ticket Mode.

    Golden Ticket mode reveals the Google Maps locations of 100 free iPhones, specifically with door-to-door directions to Apple Store after hours secret doors and entrance pass codes.

  3. I can see it now….

    Willy Wonka (Steve) gives five lucky winners a tour of the “factory”, all the while, Slugworth (Ballmer) trys to get the secret of the Everylasting Gobstopper (iPhone).

    Also, “Mikey” gets shrunk down by @TV

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.