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Taiwanese Brothers Amass $1 Billion From Boom In Display Chips

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...

Gambhir Holds One-On-One Chat With Abhishek, Team Management Breaks Silence

All that Abhishek Sharma needs is a start, but there hasn't been any discussion about the talented opener's wretched run in the T20 World Cup so far, bowling coach Morne Morkel said ahead of India's first Super Eights game against South Africa here on Sunday. Abhishek is yet to open his account in the current edition of the tournament and during Friday's training, he was seen spending considerable time with head coach Gautam Gambhir. Gambhir was seen trying to explain to him certain finer points and like a diligent student, the flamboyant southpaw nodded in agreement.

After that he went for a high catch session.

At times, excess training can prove to be counter productive and Abhishek was seen bowling to the other batters for better part of the game.

When asked if there's discussion in general within the team on Abhishek, Morkel denied emphatically.

"Absolutely no discussion. He's a world class player. So far in the tournament, luckily, there's been some guys standing up for Abhishek (others scoring runs)," Morkel told the media.

However, he agreed that Abhishek needs to score runs as they enter the business end of the tourney.

"But we're going through a very important phase of the World Cup now and we expect him to do well.

"And I'm pretty sure, not just for the team, but also for all the viewers watching the game. Because he's (Abhishek) entertaining, and we love to see that.

"So yeah, I'm pretty sure he's hitting the ball well. It's just a matter of getting that start and Abhishek will get going," Morkel said.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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