W u Chung-yi is a Taiwanese billionaire who is the chairman of the board of directors of the electronic components manufacturer, Yageo Corporation. While the company was founded by his relative, Pierre Chen, who serves as the chairman, Wu has been a key executive and a major shareholder in the company for many years. Yageo is a global leader in the production of passive electronic components, such as resistors, capacitors, and inductors, which are essential components in virtually all electronic devices.
The company has grown into a major global player through a series of major acquisitions of other component manufacturers. The family's large controlling stake in the publicly traded company is the source of their billion-dollar fortune. He has been a key figure in the company's long-term strategy and its successful global expansion.
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