【Foxsemicon】Announcement of Shareholder Resolution on Lifting Non-Compete Restrictions for Directors

Key facts

  • 【Foxsemicon】Announcement of Shareholder Resolution on Lifting Non-Compete Restrictions for Directors
  • Foxsemicon Integrated Technology held its annual general meeting on May 27, 115, approving the lifting of non-compete restrictions for its directors, including representatives from Hon Yang Venture Capital and independent directors, to allow concurrent roles in Foxconn and other entities.
  • Source: PR Times
  • Date: May 27, 2026

Direct answer

Foxsemicon Integrated Technology held its annual general meeting on May 27, 115, approving the lifting of non-compete restrictions for its directors, including representatives from Hon Yang Venture Capital and independent directors, to allow concurrent roles in Foxconn and other entities.

Citation
【Foxsemicon】Announcement of Shareholder Resolution on Lifting Non-Compete Restrictions for Directors (May 27, 2026), PR Times
Source
PR Times
Date
May 27, 2026
Foxsemicon Integrated Technology held its annual general meeting on May 27, 115, approving the lifting of non-compete restrictions for its directors, including representatives from Hon Yang Venture Capital and independent directors, to allow concurrent roles in Foxconn and other entities.
businessNQ 48/100出典:PR Times

📋 Article Processing Timeline

  • 📰 Published: May 27, 2026 at 09:00
  • 🔍 Collected: May 28, 2026 at 08:00 (23h 0m after Published)
  • 🤖 AI Analyzed: May 31, 2026 at 18:51 (82h 51m after Collected)
1. Date of resolution: 115/05/27. 2. Names and titles of directors permitted to engage in competitive activities: (1) Hon Yang Venture Capital, (2) Director: Chen Wei-Ming, (3) Director: Huang Jung-Ching, (4) Independent Director: Li Kang-Chih, (5) Independent Director: Wu Shu-Hui, (6) Independent Director: Huang Ya-Hui, (7) Independent Director: Chen Tai-Ming. 3. Scope of permitted activities: Concurrent positions in other profit-seeking enterprises. 4. Duration: During their tenure as directors. 5. Voting results: Approved with 77.78% of voting rights in favor. 6. Mainland China operations: Applicable to Chen Wei-Ming and Li Kang-Chih. 7. Details of Mainland operations: Includes Qingdao New Core Technology and Foxconn-related entities. 10. Financial impact: None.

FAQ

What is the non-compete waiver for Foxsemicon?

It is a legal requirement for directors holding concurrent positions in other companies.

What are the key facts in this article?

Foxsemicon Integrated Technology held its annual general meeting on May 27, 115, approving the lifting of non-compete restrictions for its directors, including representatives from Hon Yang Venture Capital and independent directors, to allow concurrent roles in Foxconn and other entities.

What is the direct answer?

Foxsemicon Integrated Technology held its annual general meeting on May 27, 115, approving the lifting of non-compete restrictions for its directors, including representatives from Hon Yang Venture Capital and independent directors, to allow concurrent roles in Foxconn and other entities.