Tatung Company

Tatung Company
大同股份有限公司
Public (TWSE: 2371) since 1962-02-09
Industry Computer hardware
Electronics
Home appliances
Founded 1918
Headquarters Zhongshan, Taipei, Taiwan
Key people
Weishan Lin, Chairman of the Board, General Manager
Products Personal computers, LCD TVs, home appliances, and others
Revenue Increase NT$ 43.072 Billion (2007)
(US$ 1.351 Billion)
Website www.tatung.com

Tatung Company (TWSE: 2371) (Tatung; Chinese: 大同股份有限公司; pinyin: Dàtóng Gǔfèn Yǒuxiàn Gōngsī) is a multinational corporation established in 1918[1] and headquartered in Zhongshan, Taipei, Taiwan.[2]

Description

Established in 1918 and headquartered in Taipei, Tatung Company has evolved into a conglomerate from its substantial heritage. Tatung Company holds 3 business groups, which include 8 business units such as Industrial Appliance BU, Motor BU, Wire & Cable BU, Solar BU, Smart Meter BU, System Integration BU, Appliance BU, Advanced Electronics BU. Being a leader in the field of energy saving and green energy creation, Tatung has pioneered in the development of national smart grid in Taiwan and many smart IoT solutions. As a conglomerate, Tatung’s investees involve in some major industries such as optoelectronics, energy, system integration, industrial system, branding retail channel, and asset development.

History

History

Founding Period

1918

   Establishment of Xie Zhi Business Enterprise, the forerunner of Tatung Company, by founder and chairman, Mr. Shang-Zhi Lin

   Completed over 600 constructions, including the Danshuei River embankment project and the Executive Yuan building

1939

   Tatung Iron Works was established. (When Taiwan was retroceded to the Republic of China in 1945, Tatung Iron Works was renamed "Tatung Steel and Machinery Manufacturing Company.")

1942

   Mr. T. S. Lin succeeded as chairman of Tatung and principal of both Tatung High School and Tatung University

   Establishment of Tatung High School

1949

   Mass production of electric fans & motors (Pioneering in Home Appliance & Motor industries)

1960

   Mass production of Tatung rice cookers, a revolutionary step for housewives in Taiwan

Fledgling Period

1962

   The Company became publicly listed on the Taiwan Stock Exchange

1966

   Establishment of Wire & Cable Plant in Taoyuan County

1968

  The Company renamed from Tatung Steel and Machinery Company to Tatung Company and officially registered as so

1969

   Company mascot (Tatung Boy)and song launched

   Mass production of coloured TVs

1970

  Revenues exceeded NT$2.2 billion, making Tatung Taiwan’s foremost private company

1972

  Mr. W. S. Lin appointed as president of Tatung

1977

   Participated in the Ten Major Infrastructure Projects with the construction of a slag treatment facility for China Steel Corp. and provision of the turnkey solution for CKS International Airport's power control station

1985

  Became the first Taiwanese company to win the “Premier’s Gold Award” as the country’s No. 1 exporter

1991

   Ranked No. 1 in domestic and export sales of information products by the Institute for Information Industry

2000

   Chunghwa Picture Tubes was listed on the OTC market

Positioning for the New Millennium

2001

   Global Management Division set up at the company's headquarters

   Chunghwa Picture Tubes was listed on the Taiwan Stock Exchange

2003

   Mass production of LCD & PDP TVs (Pioneering in Digital Display products)

2004

   Set up a new subsidiary Toes Opto-Mechatronics Company

   Established SeQual Technologies Co. to produce the oxygen generator for clinical therapy and home health care uses

   Established Tatung Compressors (Zhongshan) Co. in China

2005

   Consolidated Tatung's Desktop PC Business Unit with Elitegroup Computer Systems (ECS), making Tatung the largest shareholder of ECS

   Established Tatung Wire & Cable Technology (Wujiang) Co. in China

2006

   Mr. W. S. Lin was elected as chairman and president of Tatung

   Green Energy Technology started trading on the emerging stock market

2007

   Forward Electronics invested in Apollo Solar Energy Co. to expand its scope into the market of solar cell module

2008

   Green Energy Technology was listed on the Taiwan Stock Exchange on 25th January

   Established Tatung Electric Technology (Vietnam) Co. for the manufacturing and sales of wires and cables

2009

   Tatung University launched WiMAX network, the first wireless broadband network ever built in campus alike

   To help the victims of typhoon Morakot, Tatung initiated a Special Service Project in which 1,000 technicians and 70 service trucks were mobilized in and around the affected areas to help handle damaged home appliance items. The employees of Tatung Group together with the staff of Tatung University and Tatung High School also donated their one-day earnings totaling to 10 million Taiwanese dollars to those in need

2010

   New Energy Business Unit set up a crystal growth center to manufacture multi-crystalline silicon bricks, a milestone for HQ’s involvement in the crystal growing business

   Luxury condominium, “Tatung Noble Residences (Phase Ⅱ of Tatung Tomorrow World)”, the 2nd project in Nangang by Shan Chih Asset Development , was under construction

2011

   Mrs. W.Y. Lin was appointed President of Tatung

2012

   Lithium iron phosphate cathode material by Tatung Fine Chemicals successfully entered into Japanese market of energy storage

2013

   Tatung Consumer Products Co.(TCPC), Tatung’s brand channel, set up an official account on LINE along with the release of Tatung Boy character stickers and emoticons which, within 24 hours of online introduction, attracted more than one million active users and the download volume it created broke the record to become No.1 in the official account category of LINE

   Tatung-branded AI rice cookers were introduced to the market to mark the first rice cooker of artificial intelligence by Taiwan own brand maker

2014

   The Company, as an important supplier of high efficiency motors and cables, was invited by Steel Asia Manufacturing Corporation, the largest steel company in the Philippines, to its new plant’s inauguration ceremony in Davao

   Tatung Group donated 12 million dollars to Kaohsiung City Government to help the victims in the disaster of explosion

   All new brand --“in fresh”— introduces hydroponic vegetables that are fresh, healthy, and pollution free to provide customers a new healthy choice by utilizing optoelectronic technology in agriculture

   Co-organizing “Smart City Summit and Expo” to promote Tatung’s unique total solution for smart energy saving system

2015

   Establishing eTungGo, Tatung’s online shop, to involve in e-commerce business

   Tatung Healthy Life Store began its official operation

   Tatung utilized the technology of Internet of Things on smart appliances and cooperated with SIGMU to create all-rounded smart living

   Tatung won the bidding of solar PV roofing plan for the public buildings in Kinmen County. The project enables Kinmen County Government to get the trends in electricity consumption and gauge reportable events on real-time power generation via Tatung’s smart meters and energy saving monitoring system so that electricity losses can be reduced and efficiency on power generation can be enhanced

   Tatung rice cooker, an important cultural asset representing Taiwan's everyday life, was exhibited and demonstrated as a cultural & creative artifact in Tsutaya Books(Japan), one of the twenty most beautiful bookstores in the world

   Tatung won the bidding of solar PV power generation system for Pratas Island. The project includes 40kWp of solar energy and fuel control system to monitor the operation of generator and load status so that output of solar PV can be controlled and uninterrupted power supply in Pratas Island can be expected

   Tatung cooperated with ITRI and Toshiba to promote microgrid within smart grid in Penghu. The project not only implements regional application of microgrid in Taiwan but also raises the proportion of renewable energy hoping to maintain stable power supply and optimize the regulation for demand and supply

2016

   Tatung won the bidding of solar PV roofing system for the public buildings in New Taipei City. System of microgrid is introduced to the project to enable the emergency supply of electricity when without power supply from state grid in an event of natural disasters

Affiliations

See also

References

  1. "Tatung Co Ltd (2371:Taiwan): Company Description". Bloomberg.com. Retrieved 30 April 2015.
  2. "Contact Us Archived 13 April 2010 at the Wayback Machine.." Tatung Company. Retrieved on 15 March 2010.
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