AI Boom Propels Founder Of Server Rail Maker Onto Ranks Of Taiwan’s 50 Richest

AI Boom Propels Founder Of Server Rail Maker Onto Ranks Of Taiwan’s 50 Richest


Shares of the Kaohsiung-based company jumped more than 50% from a year ago, landing founder and chairman Lin Tsung-Chi on the list for the first time with a fortune of $2.9 billion. Lin set up King Slide in 1986 as a manufacturer of rails and other fittings for furniture, and expanded into server rails in 2001 when the company secured U.S. computer maker Compaq as a client. Thanks partly to rocketing U.S. sales, which more than doubled year-on-year in 2024 to account for nearly half of the total, King Slide logged a 76% rise in revenue to NT$10.1 billion ($333 million) while net profit jumped 128% to NT$6.2 billion.

Author: Jane Ho, Forbes Staff, Jane Ho, Forbes Staff https://www.forbes.com/sites/janeho/


Published at: 2025-06-04 21:47:12

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