Biing-seng Wu has spent most of his career developing tiny chips that tell pixels on flat-screen displays how and when to light up. Twenty-five years ago, he teamed up with his brother Jordan Wu to develop such chips for screens. Today, products from their company, Himax Technologies Inc., can be found in everything from Lamborghinis to smartwatches, and have turned the duo into billionaires. The brothers own 24% of Himax, whose US-listed shares have more than doubled in value this year. Their stake in the Tainan, Taiwan-based firm, as well as proceeds from dividends and stock sales, give them a combined $1 billion net worth, according to the Bloomberg Billionaires Index, which is valuing them for the first time. The wealth marks a big milestone for the siblings and their company, which says it holds a 40% market share for display chips - known in the industry as driver integrated circuits - used in cars. Its customers include Ferrari NV, Volkswagen AG, Porsche and more. It's...
The police paraded them through the very market where they fired gun shots, threw down bombs in a busy market to celebrate the birthday of their gang leader in Uttar Pradesh, showed a video.
The incident, which was reported from the Lal Bangla area of Kanpur, took place on Wednesday.
CCTV footage helped zero in on the suspects and the police arrested three people.
The three arrested have been identified as Sahil (18), Debu Kumar Valmiki (27), and Razjulla (23).
The video showed that the men, surrounded by cops, were taken around the same busy market to restore confidence among the people.
A senior police officer assured that under no circumstances will the social peace be allowed to be disturbed.
"The police is keeping an eye on some of the associates of the three accused who have been arrested now and appropriate action will be taken against them," said the senior police officer.
(With inputs from Arun Agarwal)
from NDTV News- Special https://ift.tt/WO51wLu
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