2015/10/06
Taoyuan, Taiwan, October 6th, 2015 – The Board of Directors of Nanya Technology Corporation (TWSE: 2408) has approved the resignation of Mr. Charles Kau and has appointed Dr. Pei Ing Lee as President effective October 6, 2015.
Mr. Pei Ing Lee holds a Ph.D. degree of CHE from Syracuse University, New York, USA. Dr. Lee has more than 30 years of experience in the DRAM industry. Prior to joining Nanya Technology, Pei Ing worked for IBM in the area of product development for 12 years. Dr. Lee joined Nanya Technology in 1996 as a Director of product development in charge of DRAM technology development and strategic alliance. From 2005 through 2012, Dr. Lee served as Senior Vice President in charge of R&D and all manufacturing fabs. In 2012, he was appointed as the company Spokesman and Senior Vice President for worldwide marketing and sales. In addition, Dr. Lee has helped Nanya established several strategic alliances with international renowned companies, including IBM, Infineion, Qimonda, and Micron Technology. The Board recognized his contribution and performance and unanimously elected Dr. Pei Ing Lee as President of Nanya Technology. The Board also delivered a strong message that The Formosa Plastic Group will continue their full support of Nanya Technology.
Over the past 20 years, thanks to the support from The Formosa Plastics group and several previous Presidents’ great leadership, Nanya continues to thrive as a leading supplier of DRAM solutions. The consolidation in the DRAM industry has lead to a rationalization of supply, with bit growth due to technology migrations slowing, creating a more stable market. Now more than ever, DRAM has become a critical component throughout the electronics industry. With his extensive background in the DRAM industry, Nanya believes President Lee will lead Nanya to sustained growth in the future and continue to strengthen the company’s competitiveness in the industry.
Nanya Technology Corporation (“NTC”), a member of the Formosa Plastics Group, provides key components DRAM to electronic industry, focusing on research and development, design, manufacturing, and sales of consumer and Low Power DRAM products. In addition, NTC continues to enlarge its share of high value-added DRAM market, increases manufacturing efficiency, and strengthens product quality and customer services in respond to market demand. NTC’s common stock is traded on the Taiwan Stock Exchange Corporation (TWSE) under the symbol 2408. For more information, please visit http://www.nanya.com .