The list of "Top 10 disappointing CEOs in IT industry 2011" was released on Feb 8, 2012. Netizens voted for candidates after considering the influence of their companies, IT news in 2011 and CEOs' personalities. Organized by itxinwen.com, it attracted more than 60,000 votes nationwide.
Among the10 CEOs who received the highest votes among 16 candidates, some were chosen because of bad management or scandals, some due to badly conducted market operations and others because of unsuccessful products.
Jen-Hsun Huang (CEO of Nvidia Corporation)
Votes: 2150
In 1999, Huang released a completely new idea - GPU and 'Huang's Law' to upgrade the product once every six months and double the graphics card feature. He also added more CPU functions to broaden its market. However, when Intel and AMD ventured into the high-end graphics market, Nvidia suffered a bottleneck in the product's development. In September last year, Huang announced that he would give up chipset business and transfer to mobile processor market, taking it as the company's most important business in the future. But, the competition of mobile processor market was fierce too. His competitors are all tycoons including Qualcomm, Texas Instruments and Samsung. Thus, Nvidia's prospect of entering the mobile processor market was extremely rocky.