Career
Wang joined First International Computer (FIC) in 1982.[13] Wang and others founded VIA in 1987 and HTC in 1997. Smartphones are core products of both companies.[13] In May 2011, Forbes ranked her, with husband Wen Chi Chen, as the wealthiest person in Taiwan, with a net worth of US$8.8 billion.[14][10] In August 2012, Wang was named No. 56 on Forbes' list of The World's 100 Most Powerful Women.[15] As of 2014, Forbes listed her as the 54th most powerful woman in the world.[8]
VIA product VT3421, an anti-hack chip also named as TF376, was suspected of assisting the Chinese government in surveilling mobile devices of anti-communist and human rights activists. The case concluded with VIA losing and being fined millions of dollars.[16] The case was addressed in multiple tribunals before reaching closure, however. In October 2014, Cher Wang appealed the original arbitration's Final Award of the "HKIAC / A11022 arbitration". Wang asserted that the Award was contrary to public policy. In a hearing before Justice Mimmie Chan in the Hong Kong High Court (Case No.:HCCT40 / 2014), the defense counsel maintained that the Award violated Hong Kong's public order and morals.[17] In June 2015 the Judge remised the case back to Arbitrator Anthony Neoh. The tribunal upheld the conviction in October 2015. The unusual case was documented by the World Arbitration News which upholds the integrity of the HKIAC arbitration process.[18]
The hacking prevention chip VT3421/TF376 caused significant conflict in Taiwan. Eleven Legislative Senators suggested that the government suspend procurement of HTC-related communication products until the National Security Bureau and National Communication Committee completed a thorough investigation of the chip's backdoor issue.[19][20] In December 2020, the Taiwan High Court ruled that Cher Wang/VIA failed the case and put for enforcement.[21]
In March 2015, Cher Wang took over the CEO role from Peter Chou and returned to the day-to-day operations of HTC.[22]
In September 2017, HTC and Google announced a US$1.1 billion cooperation agreement, in which certain HTC employees will join Google and Google will receive HTC IP through a non-exclusive licensing agreement.[23]