Raydium and Qisda: Pioneers of Innovation at the Asia Pacific Enterprise Awards 2024

October 17, 2024, 6:27 am
Enterprise Asia
Enterprise Asia
BusinessCorporateDevelopmentEnterpriseGovTechIndustrySocial
Location: Malaysia, Selangor, Petaling Jaya
Employees: 11-50
Founded date: 2007
Asia Pacific Enterprise Awards - APEA
BusinessEnterpriseService
Employees: 11-50
In the heart of Taipei, a spotlight shone brightly on two semiconductor giants. Raydium Semiconductor Corporation and Qisda Corporation stood tall at the Asia Pacific Enterprise Awards (APEA) 2024. Both companies received accolades that reflect their commitment to innovation and excellence. The event, held on September 13, 2024, at the Grand Hyatt Taipei, celebrated the entrepreneurial spirit that fuels progress in the Asia Pacific region.

Raydium Semiconductor, a fabless semiconductor company, took home two prestigious awards: the Master Entrepreneur and Corporate Excellence. This recognition is not just a trophy on the shelf; it symbolizes years of hard work and strategic vision. Founded in 2003, Raydium has carved a niche in AMOLED display driver IC technology. Their products are the lifeblood of devices we use daily—televisions, smartphones, and even medical equipment.

In 2022, Raydium made waves by listing on the Taiwan Stock Exchange. This move was a testament to its growth trajectory. The company reported a staggering revenue of NTD 12.49 billion in the first half of 2024. Such figures are not mere numbers; they represent the pulse of a thriving enterprise.

Raydium's success is rooted in its people. The company invests heavily in talent development. It offers employee stock ownership and childcare subsidies, fostering a culture of collaboration and support. Continuous learning is not just a buzzword here; it’s a practice. With over 50 book club meetings annually, Raydium ensures its employees are always growing. Partnerships with academic institutions further enhance their technological prowess.

At the helm of this success is Hermit YK Huang, the Chairman and CEO. His nearly four decades of experience in the display industry have equipped him with a keen understanding of market dynamics. Under his leadership, Raydium's revenue skyrocketed from NTD 8 billion to over NTD 20 billion. This is not just growth; it’s a transformation.

On the other side of the stage, Qisda Corporation also basked in the glow of recognition. Joe Huang, the President, received the Master Entrepreneur Award. His journey with Qisda began in 1997, and since then, he has navigated the company through significant changes. His leadership style is marked by a focus on sustainable innovation. This commitment has not gone unnoticed; Qisda has garnered numerous awards for its environmental and social responsibility efforts.

Huang’s strategic pivot towards high-end products has been a game-changer. Recognizing the limitations of the low-end display market, he steered Qisda towards e-Sports and professional monitors. This shift doubled the company’s revenue and solidified its position as the world’s second-largest LCD monitor manufacturer. It’s a classic case of adapting to survive and thrive.

Sustainability is not just a checkbox for Qisda; it’s a core value. Huang has united nearly 400 suppliers under a common sustainability platform, aiming to reduce carbon emissions by 30% by 2030. This initiative is a powerful reminder that business can be a force for good. It’s about creating a legacy that extends beyond profits.

Both Raydium and Qisda exemplify the spirit of the Asia Pacific Enterprise Awards. These companies are not just about numbers; they are about people, innovation, and responsibility. They understand that success is a journey, not a destination. Their leaders are visionaries, steering their ships through turbulent waters with a steady hand.

The Asia Pacific Enterprise Awards, established in 2007, serves as a beacon for outstanding entrepreneurship. It recognizes those who drive positive change in the region. The awards are more than accolades; they are a platform for networking and collaboration among leading entrepreneurs. This spirit of camaraderie fosters innovation and growth across Asia.

As we look to the future, the stories of Raydium and Qisda remind us of the power of resilience and adaptability. In a world that is constantly changing, these companies stand as pillars of strength. They are not just participants in the market; they are leaders shaping the landscape of technology and sustainability.

In conclusion, the achievements of Raydium and Qisda at the APEA 2024 are a testament to their hard work and vision. They embody the essence of what it means to be a leader in today’s fast-paced world. As they continue to innovate and inspire, they pave the way for future generations of entrepreneurs. The journey is far from over, and the best is yet to come.