Morris Chang suffers minor injury in Hawaii: TSMC

2017/02/01 14:27:52
TSMC Chairman Morris Chang
CNA file photo

TSMC Chairman Morris Chang CNA file photo

Taipei, Feb. 1 (CNA) Morris Chang (張忠謀), chairman of Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), sustained a minor injury at his Hawaii residence earlier this week, the company said Wednesday but did not provide any details of how the injury occurred.

In a statement, TSMC said Chang was fine and would return to Taiwan later in the day. The company did not explain how Chang was injured but said he would be back to work at his office in Hsinchu next week.

On Tuesday, Taipei City Councilor Wang Hsin-i (王欣儀) was quoted in the local media as saying that Chang had sustained an injury to his face when he fell near the swimming pool at his home in Hawaii on Monday.

As a result, Chang was hospitalized and could not attend a banquet hosted by Wallace Chou (周民淦), head of the Taipei Economic and Cultural Office in Honolulu, later that day, according to Wang, who was at the dinner. She said the injury was near Chang's eye and he was about to fly back to Taiwan for treatment.

Also on Tuesday, Huang Ta-fang (黃達方), president of China Airlines (CAL) Honolulu branch, said he saw Chang and his wife waiting in the CAL VIP lounge in Honolulu for about 30 minutes before they boarded a flight for Taiwan.

Chang had a small bruise near one eye but otherwise appeared unhurt, Huang said, adding that he could not say whether the bruise was the result of the reported accident at Chang's home.

Chang is a prominent figure in the global industry who is known for building TSMC into the world's largest contract chip maker that now holds more than a 50 percent share of the global pure foundry business.

TSMC's American depositary receipts (ADRs) fell 0.90 percent on Wall Street overnight after reports of Chang's injury, while the Dow Jones Industrial Average dropped 0.54 percent amid worries over U.S. President Donald Trump's trade protection policies.

Trading of TSMC shares in Taipei will resume Thursday when the six-day Lunar New Year holiday ends.

(By Esme Jiang and Frances Huang)
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