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Zhou Qunfei    

Founder & CEO of Lens Technology

Zhou Qunfei is a Chinese entrepreneur who founded the major touchscreen maker Lens Technology. After the public listing of her company on the Shenzhen ChiNext market in March 2015, her net worth temporarily reached US$10 billion, making her the richest woman in China.

Although she dreamed of being a fashion designer, Zhou got a job working for a small family-run firm making watch parts for about 180 yuan a month. Displeased with the working conditions, she decided to quit after three months and submitted a letter of resignation explaining her reasons, yet expressing gratitude for the working opportunity. The letter moved the factory chief to offer her a promotion instead.

When the factory folded, she established her own company in 1993 at age 22, with her savings of HK$20,000 (~USD$3,000[4]). It was her cousin who encouraged her to start on her own business, and the company began with her brother, sister, their spouses, and two cousins all working out of a three bedroom apartment. The company appealed to customers by promising higher-quality watch lenses. Here, Zhang took a hands on approach and involved herself in all parts of the company, including repairs and creating improved designs of factory machinery.[4] In 2001, she caught her big break when her company won a profitable contract to make mobile phone screens for the Chinese electronics giant TCL Corporation.

Zhou Qunfei has stated that over the years she has started a total of 11 companies.

n 2003, while still producing watch faces, Zhou's company received a request from Motorola to develop glass screens for their Razr V3, during a period when the mobile phone industry was transitioning from plastic to glass display screens.

Following this, Zhou Qunfei started touch-screen maker Lens Technology (named so that it would turn up to potential customers searching "lens" online) in 2003 and the company soon received orders from other mobile-phone makers such as HTC, Nokia, and Samsung Electronics. After producing the touch screens for Apple's iPhone during its 2007 market entry, Lens developed into the dominant player of the industry. Lens Technology now primarily supplies touch-screens to leading electronics makers such as Apple, Samsung, and Huawei, receiving nearly 75% of its revenue from Apple and Samsung. The Apple Watch uses her company's glass and sapphire crystal screens. As of April 2015, the company employs about 60,000 people, was expected to churn out more than a billion glass screens, and has 32 different factory locations.

On 18 March 2015, the 22nd anniversary of the founding of her first start-up, Lens Technology began trading on the ChiNext A-share market of the Shenzhen Stock Exchange. The company's stock price rose by the market's daily limit of 44% on the first day and 10% every subsequent day for 13 days in a row between 19 March and 2 April. This made Lens Technology China's largest technology IPO in the first quarter of 2015.

Zhou Qunfei's rags-to-riches story has been hailed as an inspiration to the millions of migrant workers in China. In an interview with Gansu Television, she said the secret of her success was the desire to learn.

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