Women Entrepreneurship Case

Study: Cher Wang

Presented By:

Darshna Barman (2012MB91)

Durgesh Kumar (2012MB88)

Praveen Kumar (2012MB90)

Suresh Kumar (2013RMS04)

Versha Yadav (2012MB89)

1(c) Durgesh Kumar

“If you have a vision, no matter how difficult things

are, everything just becomes a process.”

— Cher Wang (on her view of the hand-held

device’s future after the early 2000s)

2(c) Durgesh Kumar

Cher Wang

3

Born September14,1958

Taipei, Taiwan

Occupation Co-founder and chairwoman

of the HTC corporation

Education She studied economics at UC

Berkeley, receiving her

Master's degree in 1981

Family Life Her father, Wang Yung-ching

was another successful

entrepreneur and founded the

Formosa Plastics Group.

She is married to Chen Wen-

Chi, President and CEO of

Taiwan-based computer-

hardware Co. VIA

Technologies.

(c) Durgesh Kumar

Cher Wang’s View on Entrepreneurship

“As entrepreneurs, we must continue to ask

ourselves What’s next? It takes humility to realize

that we don’t know everything, not to rest on our

laurels and know that we must keep learning and

observing. If we don’t, we can be sure some start-

up will be there to take our place.”

4(c) Durgesh Kumar

Cher Wang: Professional Life

She was hired by First

International Computer in

1982.

Wang and others founded VIA in 1987 & 1997, at

the age of 39, she launched HTC

along with associates HT Cho and Peter

Chou

In Cher Wang’sLeadership HTCdesigned the firstMicrosoft 3G phonein 2005 & In 2008,first smart phonethat used Google’sAndroid mobileoperating systemwith T-Mobile

In May 2011, Forbes ranked her with her

husband as the wealthiest person in Taiwan, with a

net worth of US$8.8 billion

5(c) Durgesh Kumar

Corporation Founded in 1997 by Cher Wang & Peter Chou

Began mobile device development in 1998 with first significant launches in

2000

Since 2006, HTC has regularly introduced many critically acclaimed

mobile devices under their own brand, and their portfolio includes smart-

phones and tablets powered by the Android and Windows Phone operating

systems.

Under Wang’s leadership, HTC has grown into one of the biggest players in

mobile tech.

HTC has often been cited among the fastest-growing and most innovative

brands in mobile.6(c) Durgesh Kumar

’s Triumphs

2000: made one of the world’s first touch screen phones- Palm

Treo650.

2008: built the first Android Phone, the T-Mobile G1.

2009: came up with the HTC Sense UI

2010: was one of the first to create the “Hummer” (to quote

Steve Jobs) is a reference to the 4” large screen phones- the

famous HTC EVO 4G.

7(c) Durgesh Kumar

(contd...)

2011: was named the "Device Manufacturer of the Year" by the GSMA at

the Mobile World Congress; its market value surpassed that of Nokia to

become the third largest smart phone maker in the world.

HTC entered a strategic partnership with Beats Electronics by acquiring 51

percent of Beats shares.

In 2011 Q3, HTC Corporation became the largest smart phone vendor in

the U.S. by 24% market share, ahead of Samsungs 21 %, Apple Inc. 20 %

and Blackberry's 9 %.

In 2012, HTC adds to the richness of the mobile universe by launching the

HTC One line for Android and the Windows Phone 8x.

8(c) Durgesh Kumar

Learnings of Cher Wang

Quick decision making ability.

Sticking to the work until it accomplish.

Believe in God.

Don’t under estimate anyone.

Balance between corporate life and family life.

High dreams.

Look is not much matter.

If decided something never waver from it.

9(c) Durgesh Kumar

Achievements

Wang was selected as an Innovator in the 2005 by Stars of

Asia and was named as one of the ten executives in Asia.

Wang is an Industry Partner at the World Economic

Forum.

In 2010, Wang co-founded the ABAC Women’s Forum to

identify capacity-building policy recommendations that

enhance opportunities for women in business.

10(c) Durgesh Kumar

(contd...)

Wang was listed as ‘Most Influential Women in

Technology’ in Fast Company’s list of 2011.

In 2013, she was named ‘the most powerful woman

in wireless’ by Forbes and was ranked 46th on

Fortune’s annual ‘most powerful women’ list.

11(c) Durgesh Kumar

Philanthropy

In 2011, Wang donated US $28.1 million to help Guangzhou

Forerunner College, a charitable college in southwest China set up

by VIA Technologies‘ non-profit Faith-Hope Love Foundation’ to

provide education to students from low-income families.

In August 2012, Wang donated 6,000 HTC Flyer tablet PCs to 60

high schools in Taipei.

Wang has also made significant donations to the University of

California, Berkeley, and also provides funding to support The

Berkeley-Tsinghua Program for the Advanced Study in Psychology.

12(c) Durgesh Kumar

References

investing.businessweek.com/research/stocks/people/person.asp?

www.thomaswhite.com/.../cher-wang-chairperson-and-co-founder-of-htc...

blogs.oregonstate.edu/rachelwhite/cultural.../biography-of-cher-wang/

www.forbes.com/profile/cher-wang/

www.nytimes.com/2008/10/27/technology/companies/27wang.html?.

13(c) Durgesh Kumar

any query?

14(c) Durgesh Kumar