AI boom propels furniture mogul to become Taiwan's wealthiest person
Lin Tsung-chi, the proprietor of the furniture manufacturer King Slide Works, is now the richest individual in Taiwan, driven by the rise of artificial intelligence. Beyond producing drawer slides and cabinet hinges, King Slide manufactures specialized rails for AI server racks that support global infrastructure valued at trillions. The company’s profit margins have surpassed those of Nvidia, contributing to a 280% surge in its share price throughout this year.