Charles Kau Removed as Chairman of Inotera Memories

3 Nov

Taiwanese DRAM chip maker Inotera Memories announced Nov.2 that chairman Charles Kau was replaced with two senior executives until the board of directors appoints a new candidate.

Inotera Memories said in a statement that the board has appointed senior executives Nanya Technology’s newly appointed president Lee Pei-Ing and Nanya Plastics president Tzou Ming-Jen to act as interim chairmen until a new candidate is chosen. In addition, Inotera CFO Peter Shen will now double as company spokesman. Inotera is a joint venture between Nanya and U.S.-based Micron Technology.

Kau retired from his job as the president of Nanya Technology. It’s been rumored that Kau has been hired by China’s government-backed Tsinghua Unigroup to be its global executive vice president, but he has not personally confirmed the information.

Much has been speculated regarding Kau’s relationship with Formosa Plastics Group, which owns Nanya. Some say Kau and Formosa have not parted on good terms; the removal of Kau as Inotera chairman seems to suggest this possibility.

Kau wrote an internal letter to Nanya employees when he retired from the post. In the letter, Kau said he decided to retire from Nanya because he wants to do something different. He also said that when faced with powerful competitors, one must change the status quo and combine the advantages from the both sides of the Taiwan Strait, in order to help integrate resources, enhance competitive advantages, and create win-win.