New Businesses definition
Examples of New Businesses in a sentence
In May 2009, TSMC established the New Businesses organization to explore non-foundry related business opportunities.
Furthermore, after the Termination Date, Employee may become employed in a separate, autonomous division of a Person (regardless of whether such Person is engaged in the Business or in one or more of the New Businesses) provided: (i) such division is not in competition with the Business or with one of the New Businesses, and (ii) Employee is not materially engaged in any other division or part of such Person.
Before taking these positions, he was TSMC’s President of New Businesses.
In August 2011, the New Businesses organization was formally separated from the main TSMC organization as two subsidiaries, TSMC Solid State Lighting Ltd.
New Businesses include logistics services provided to third parties, overseas business, technology initiatives, as well as asset management services to logistics property investors and sale of development properties by JD Property.
The Group’s CODM is the Chief Executive Officer.The Group’s principal operations are organized into two major business segments, JD Retail and New Businesses, which are defined based on the products and services provided.
TitleNameDate EffectiveDate Resigned/DismissedReasons for Resignation or DismissalPresident & CEORick Tsai07/01/200506/11/2009Dr. Tsai was assigned as President of New Businesses, effective on June 12, 2009.Senior Director Internal AuditJan Kees van Vliet12/02/200302/10/2009Mr. van Vliet was transferred to other department.
Revenues from logistics and other services were RMB4,286,072 and RMB6,585,256 for the three months ended March 31, 2019 and 2020, respectively, which were mainly generated by the New Businesses segment.
For New Businesses, a non-refundable application fee of $2,000 shall accompany all applications for the issuance of Private Activity Bonds or for EDX abatement.
Tolbert, Restructuring of the Financial Industry and Implications for Sources of Start-Up Capital for New Businesses in Nonmetropolitan Counties, 31(1) J.