Afternoon already! I’ve been working on the story about John Hui, who sold eMachines to Gateway 17 months ago in exchange for cash and stock. He’s the guy who set aside $72 million for eMachines employees.
He’s not a happy camper. Wanting to protect his investment, he’s now offered to buy the Gateway’s retail unit for $450 million. You can read parts of the story HERE but check back tomorrow at OCRegister.com for the latest version.
John Hui served me tea a few years ago in his Santa Ana office of Joui International, an office supplies company that came up with THIS gadget. I learned a lot about this mystery man and thought it would serve readers to repost that profile of him. He’s efficient, thrifty and opportunistic. Besides the Gateway bid, he’s also closing in on buying the old computer brand, Packard Bell, from NEC Corp.
Some graphs from the profile:
Hui’s goal-oriented approach extends to his personal life.
Once, on a plane trip, Hui found himself thinking about what he was missing in life. The answer? A son.
“So, I thought, I’d better find a wife,” Hui said. “I got off the plane and told all my friends that I’d be married by the end of the year.”
A few months later, he was on his first date with the woman who would become his wife. A Hong Kong film actress, she had told a friend of Hui’s that she wanted a child, even if she didn’t have a husband.
The friend introduced the two, and in their first conversation, Hui asked her, “So, I hear, you want to have a son?”
The Huis and their son, now 12, live in Bradbury in Los Angeles County.
To read the full story, here’s the LINK, where the story is pasted on John Hui’s web site.