|Nov 23, 2017|
|Nov 23, 2017|
Currency in TWD
|Full time employees:||--|
HIWIN Technologies Corp. is engaged in the manufacture and sale of linear motion control products. Its products include ballscrew, linear guideway, linear bearing, single axis robot, linear motion system, linear actuator and positioning measurement system. The company was founded on October 11, 1989 and is headquartered in Taichung, Taiwan.
Hiwin Technologies is a major Taiwanese manufacturer of machine tool parts. It is strong in such products as ball screws, used to make machine tools move smoothly, and linear guideways, used for accurate positioning. Hiwin is considered one of the world's top three producers of ball screws. It has locations in 12 countries and regions, including Taiwan. Founder and Chairman Eric Chuo used to work at a Taiwanese bank and handled loans for corporate customers before starting his own consulting business. He established Hiwin in 1989 based on a failing machine parts maker he acquired. In the 1990s, Hiwin began an overseas expansion push that included takeovers of German and Israeli parts makers. In 2013, it began supplying products to Japan's Toyota Motor group, taking advantage of its price competitiveness.
That same year, Hiwin began manufacturing industrial robots, focusing on demand for automated production lines at factories.
Hiwin established a local subsidiary in the Chinese city of Suzhou, Jiangsu Province, in 2014 to gain access to the mainland market. The company plans to start building a factory there at the end of 2015.
Hiwin also plans to build a factory in the Taiwanese city of Taichung, where it is headquartered.
In 2014, the company announced it will set up a research and development center for the precision machine industry with Taiwan's National Tsing Hua University.
It will at least spend 200 million New Taiwan dollars ($6.1 million) over the next decade to nurture human resources.
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- Local currency
- US Dollar
|Income before tax||1,170.53M|
|Dividends per share||1.56|
|Operating cash flow||4,429.53M|
Currency in TWD
|Income before tax||36.29M|
|Dividends per share||0.04|
|Operating cash flow||137.34M|
Currency in USD
- Chairman & Chief Executive Officer: Yung Tsai Cho
- Deputy GM, Head-Finance & Accounting: Yi Feng Lin
- General Manager & Director: Hui Ching Tsai
- Director & Deputy General Manager: Wen Heng Cho
- Deputy General Manager: Hsien Te Sung
- Ta Yin Investment Co. Ltd.(7.7%)
- CHO YUNG TSAI(4.6%)
- LI HSUN CHIN(4.4%)
- Nan Shan Life Insurance Co., Ltd.(4.3%)
- Cathay Life Insurance Co., Ltd. (Invt Port)(3.5%)
- The Vanguard Group, Inc.(2.8%)
- CHO WEN HENG(2.0%)
- BlackRock Fund Advisors(1.9%)
- TSAI HUI CHING(1.5%)
- CHEN CHIN TSAI(1.4%)
- Website: http://www.hiwin.com.tw
- Address: No. 7, Jingke Road, Taichung Precision Machinery Park, Taichung, 40852, Taiwan
- Phone: +886.4.2359.4510
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