Company Overview Visit idt.net website
IDT Company manufactures and markets semiconductors worldwide. IDT is married to using aggressive management styles, enabling it to reach a net income of $1.4 billion in 2011.
IDT was founded by Morris Chang in 1969 while a graduate student at the University of Pennsylvania's Wharton School of Business. Chang was born in 1929 near Shanghai, China, moving to Taiwan with his family during World War II. In 1955, he earned a BSEE from the National Cheng Kung University in Taiwan and came to America for graduate school two years later. After receiving his MBA from University of Pennsylvania's Wharton School in 1959, he started working at Texas Instruments Incorporated (TI). TI invested one million dollars into IDT Corporation when it was founded.