Why is non-compete clause applicable for directors?

It is to protect the company's interest by preventing directors from engaging in business activities that directly compete with the company.

How can a non-compete clause be waived?

It can be waived through a resolution at the Shareholders' Meeting (General Meeting) for specific activities.

AI News NQ Analysis

[Walsin] Shareholders' Meeting Approves Waiver of Non-Compete Restrictions for New Directors

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AI Summary (NQ-processed)

At the shareholders' meeting on May 22, 2026, Walsin Lihwa approved the waiver of non-compete restrictions for seven new directors, allowing them to hold concurrent positions in affiliated companies.

AI Analysis

Frequently Asked Questions

Q: Why is non-compete clause applicable for directors?: A: It is to protect the company's interest by preventing directors from engaging in business activities that directly compete with the company.
Q: How can a non-compete clause be waived?: A: It can be waived through a resolution at the Shareholders' Meeting (General Meeting) for specific activities.