Case Description
TECO Electric and Machinery Co, Ltd. is a manufacturer of household appliances and heavy power in Taiwan, China. The head office is located in Nangang District, Taipei, Taiwan. It is currently the largest heavy power manufacturer in Taiwan. The listing code on the Taiwan Stock Exchange is 1504.
Dongyuan Electric [1] was founded in March 1956, and was initially engaged in motor production. So far, it has entered diversified development areas such as home appliances, information, communications, electronics, key components, infrastructure construction, financial investment, and catering. Participated in the Taiwan High Speed Rail Program. Dongyuan Electric Group currently has more than 10,000 employees worldwide. Its business scope has expanded from Taiwan to Asia, the Americas and Europe, and has gradually become one of the well-known *** groups. In 2001, the total turnover of the TECO Group reached NT $ 100 billion. In terms of international cooperation, TECO started electromechanical technology cooperation with American Strange Company and Yaskawa, Japan in 1968, and then successively cooperated with Westinghouse, Hitachi, Sweden, Ericsson, Mitsubishi, NEC, Deutsche Telekom, Siemens, Germany , Motor and Communication Group established business cooperation relationship. In 2001, it was authorized by OLED technology of Kodak Eastman Company in the United States, entered the photovoltaic industry, and obtained the National Health Insurance IC card project commissioned by the Health Insurance Bureau of the Department of Health. )industry. In terms of group reinvestment, Dongyuan has shown a strong ambition in recent years. In addition to electronics, electrical machinery, and communications, Dongyuan's investment fields have spanned semiconductors, optoelectronics and their key components, communications fixed networks, networks, Software, basic business, distribution catering, etc. After years of hard work, Dongyuan Electric has moved from the field of home appliances to a global high-tech enterprise, from multi-directional development of manufacturing, marketing and service, and building an international brand TECO that spans the world.
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