Women Entrepreneurship Case Study: Cher Wang

1. Women Entrepreneurship Case
Study: Cher Wang
Presented By:
Darshna Barman (2012MB91)
Durgesh Kumar (2012MB88)
Praveen Kumar (2012MB90)
Suresh Kumar (2013RMS04)
Versha Yadav (2012MB89)
(c) Durgesh Kumar
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2. “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)
(c) Durgesh Kumar
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3. Cher Wang
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 WenChi, President and CEO of
Taiwan-based
computerhardware
Co.
VIA
Technologies.
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4. 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 startup will be there to take our place.”
(c) Durgesh Kumar
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5. 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’s
Leadership
HTC
designed the first
Microsoft 3G phone
in 2005 & In 2008,
first smart phone
that used Google’s
Android
mobile
operating
system
with T-Mobile
(c) Durgesh Kumar
In May 2011,
Forbes ranked
her with her
husband as the
wealthiest person
in Taiwan, with a
net worth of
US$8.8 billion
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6. 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 smartphones 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.
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7. ’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.
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8. (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.
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9. 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.
(c) Durgesh Kumar
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10. 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.
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11. (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.
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12. 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.
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13. 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?.
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14. any query?
(c) Durgesh Kumar
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