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Formosa Group Chairman Ruey-Yu Wang Awarded Honorary Doctorate KAIST (President Kwang Hyung Lee) announced that it conferred an Honorary Doctorate in Business Administration upon Ruey-Yu Wang, Executive Management Committee Member of Formosa Group and Chairman of Formosa Biomedical Technology Corporation, at its 2026 Commencement Ceremony held on February 20th. As the recipient of the honorary degree, Chairman Wang has carried forward the management philosophy of the late Formosa Group founder Yung-Ching Wang, placing corporate sustainability and social responsibility at the core of her leadership while guiding the group’s strategic transformation and growth. Moving beyond its traditional petrochemical manufacturing base, she has expanded the group’s business portfolio into future-oriented industries such as biotechnology, clean energy, energy storage systems (ESS), and resource recycling, practicing long-term, forward-looking management. KAIST stated, “Chairman Wang has presented a sustainable corporate growth model in which science and technology, industry, and talent cultivation are organically integrated, based on the belief that industrial growth and social responsibility cannot be separated.” KAIST added, “In particular, we are honored to recognize her contributions toward establishing a mid-to-long-term foundation for collaboration centered on biomedical research through strategic partnerships with KAIST, as well as toward expanding research infrastructure in life science and technology and fostering international joint research platforms.” As part of this collaboration, Chairman Wang played a key role in building a joint research framework between major medical institutions and universities affiliated with Formosa Group and KAIST’s College of Life Science and Bioengineering. The resulting “KAIST–Formosa Biomedical Research Center” serves as a hub for multidisciplinary and international collaborative research, supporting mid- to long-term biomedical research initiatives and enhancing KAIST’s research competitiveness and global standing. She also institutionalized mechanisms to reinvest corporate achievements into society and has made sustained, long-term investments in research and talent development, thereby fostering a virtuous cycle in which scientific and technological achievements translate into industrial and societal impact. These efforts have been widely recognized as exemplary contributions that go beyond the traditional scope of corporate management, advancing human welfare and promoting a sustainable society through science and technology. Chairman Wang remarked, “I am deeply honored to receive an Honorary Doctorate in Business Administration from KAIST. I strongly resonate with KAIST’s values and philosophy of contributing to humanity and building a sustainable future through science, technology, and research.” She added, “I hope that the young talents at KAIST will lead sustainable development for humanity through science and technology. I will continue to support research and talent development over the long term to help create a virtuous cycle in which scientific and technological innovations are translated into industry and society.” President Kwang Hyung Lee stated, “Chairman Wang has exemplified socially responsible leadership through industry strategies centered on science and technology. We deeply appreciate her substantive support for expanding research infrastructure and strengthening international collaboration through a strategic partnership with KAIST, and we are honored to welcome her as a member of the KAIST family.”
2026.02.21 View 1609