- Corporate Governance
Message from the Chairman
|
Joseph Hsu |
Growing with Innovation-Creating Value Together
Looking back on 2018, MSI encountered tremendous challenges as the tensions from the China-U.S. trade war worsened and economic growth in the EU stagnated. The overall PC market has also exhibited saturation with slight overall declines. Fortunately, this has been offset by a growing demand for e-sports which remained strong while tournaments and live streaming platforms became even more common. Consequently, demand for mid-to-high-end PCs and peripherals increased. Since the second half of 2017, the demand for graphics cards driven by cryptocurrency has reversed rapidly, but it has caused the high-end graphics card market (which was originally caught in the cryptocurrency mining boom and was in short supply) to refocus on the normal e-sports market demand. MSI has long been cultivating its products for highend e-sports, including developing gaming PCs and peripherals that meet players' high expectations. The Company has also responded to the needs of content creators by introducing high-end image processing solutions. Meanwhile, the Company made significant progress in other fields such as servers, industrial computers, auto electronics and AIoT-all of which have increased momentum for the Company's growth prospects in the future. The Company delivered record-high consolidated revenues and profits in 2018, and intends to continue these accomplishments in 2019 by enhancing R&D, manufacturing, and sales capacity. With the introduction of comprehensive e-sports products, combined with commercial and software solutions-we strive to create greater value for the Company、our customers, and shareholders.
Public Welfare Care-Common Good
MSI utilizes a pragmatic approach and has long been a dedicated promoter of social enterprises that provide lunch, education, donations, and aid for the underprivileged. By caring and engaging the local community, we hope to contribute positive change and create recurring positive feedback that realizes our 「Common Good」 vision. In 2018, under the premise of fairness, reasonableness, and equality, MSI launched a 「Diversified Teaching and Inclusive Learning」 program aimed at offering budget and equipment to support high-quality education. In addition to improving the quality of education in remote locations, the program is also aimed at inspiring creativity and helping students develop problem-solving skills, self-initiative, as well as independent thinking. This program sponsored more than 100 schools and benefited more than 5,000 students during this reporting period.
Sharing the Concepts-Enhancing Business Development
MSI has been shifting its business focus towards e-sports in recent years. In addition to promoting the e-sports brand, MSI has also committed substantial resources and expertise into training e-sports talent through academia and industry cooperation with the goal of adding more e-sports talent to expand the ecosystem and build brand loyalty among new users on campuses. MSI has successfully assisted Nan Chiang Vocational High School, Chiao Kuang Senior High School, Chi-Ying Senior High School, Wan-Neng Senior Industrial and Commercial Vocational School and Shih Hsin Senior High School to establish e-sports classrooms, with Shih Hsin Senior High School being the only pilot e-sports institution recognized by the Department of Education. Through these efforts, we aim not only to help students develop hobbies free of discrimination, but also to improve the effectiveness and sustainability of the e-sports industry to share economic value and development benefits with the industrygovernment- academia.
Positive enterprising-Link up with the world
In 2018, MSI had another fruitful year in terms of its operating performance. While we strive to ensure continuity of our financial success, we also recognize the importance of adopting international practices including climate change guidelines, a code of conduct, GRI standard, and rules on issues that pertain specifically to electronics manufacturers such as conflict/high-risk minerals (e.g., Tungsten) and RBA (Responsible Business Alliance) initiatives. MSI has devoted longterm attention to these initiatives and has set goals to build competitive advantage based on corporate social responsibilities. In the future, MSI will continue seeking business growth through its focus, innovation, and influence while at the same time supporting sustainability of the environment and society, thereby creating higher long-term value for our stakeholders.