Tatung Company
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Tatung Company () (Tatung; ) is a
multinational corporation A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, i ...
established in 1918 and headquartered in
Zhongshan Zhongshan (; ) is a prefecture-level city in the south of the Pearl River Delta in Guangdong province, China. As of the 2020 census, the whole city with 4,418,060 inhabitants is now part of the Guangzhou–Shenzhen conurbation with 65,565,622 i ...
,
Taipei Taipei (), officially Taipei City, is the capital and a special municipality of the Republic of China (Taiwan). Located in Northern Taiwan, Taipei City is an enclave of the municipality of New Taipei City that sits about southwest of the n ...
,
Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the nort ...
.


Description

Established in 1918 and headquartered in Taipei, Tatung Company holds 3 business groups, which includes 8 business units: Industrial Appliance BU, Motor BU, Wire & Cable BU, Solar BU, Smart Meter BU, System Integration BU, Appliance BU, and Advanced Electronics BU. 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

Xie Zhi Business Enterprise, the forerunner of Tatung Company, was established in 1918 by Shang-Zhi Lin. It was involved in high-profile construction projects, including the
Tamsui River The Tamsui River (alternatively Danshui River, ) is third longest river in Taiwan after Zhuoshui River and Gaoping River, with a total length of , flowing through Hsinchu County, Taoyuan, Taipei and New Taipei City. It is located in northern pa ...
embankment project and the
Executive Yuan The Executive Yuan () is the executive branch of the government of the Republic of China (Taiwan). Its leader is the Premier, who is appointed by the President of the Republic of China, and requires confirmation by the Legislative Yuan. ...
building. In 1939, Tatung Iron Works was established as the company ventured into iron and steel manufacturing. Following the arrival of the ROC administration in 1945, Tatung Iron Works was renamed to Tatung Steel and Machinery Manufacturing Company. The company began mass production of electrical motors and appliances 10 years later in 1949. In 1962 the company became publicly listed on the
Taiwan Stock Exchange The Taiwan Stock Exchange Corporation (TWSE; ) is a financial institution, located in Taipei 101, in Taipei, Taiwan. The TWSE was established in 1961 and began operating as a stock exchange on 9 February 1962. It is regulated by the Financial S ...
, and was renamed to Tatung Company in 1968. A year later, Tatung began production of
color TV Color television or Colour television is a television transmission technology that includes color information for the picture, so the video image can be displayed in color on the television set. It improves on the monochrome or black-and-white t ...
s, and adopted the "Tatung Boy" mascot, which became a Taiwanese cultural symbol.


Timeline

1970 Revenues exceeded NT$2.2 billion, making Tatung Taiwan's foremost private company. 1972 W. S. Lin, the grandson of Shang-Zhi Lin, was appointed as president of Tatung. Shortly thereafter he was implicated in a case of embezzlement at Tatung which would take more than ten years to litigate. 1977 Participated in the
Ten Major Construction Projects The Ten Major Construction Projects () were the national infrastructure projects during the 1970s in Taiwan. The government of Republic of China believed that the country lacked key utilities such as highways, seaports, airports and power plants. ...
with the construction of a slag treatment facility for
China Steel :''There is an unrelated raw material processing company named Sinosteel based in the People's Republic of China (Mainland China).'' China Steel Corporation (CSC; ) is the largest integrated steel maker in Taiwan. Its main steel mill is located ...
and provision for
Chiang Kai-shek International Airport Taiwan Taoyuan International Airport is an international airport serving Taipei and northern Taiwan. Located about west of Taipei in Dayuan District, Taoyuan, the airport is Taiwan's largest. It was also the busiest airport in Taiwan before ...
's power control station 2000 Chunghwa Picture Tubes was listed on the OTC market 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 and PDP TVs Lin Cheng-yuan resigns as head of Chunghwa Picture Tubes. 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 Death of T.S. Lin 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 as 25 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 Typhoon Morakot, known in the Philippines as Typhoon Kiko, was the deadliest typhoon to impact Taiwan in recorded history. The eighth named storm and fourth typhoon of the 2009 Pacific typhoon season, Morakot wrought catastrophic damage in Taiwa ...
, 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 Tatung University (TTU/) is a private university in Zhongshan, Taipei, Taiwan. It was first founded in 1956 as Tatung Institute of Technology but renamed in 1999 as Tatung University. Currently, Tatung University has four colleges: College ...
and Tatung High School also donated their one-day earnings totaling to NT$10 million to those in need. 2010 New Energy Business Unit set up a crystal growth center to manufacture multicrystalline silicon bricks, a milestone for HQ's involvement in the crystal-related 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 2015 Lin Cheng-yuan, indicted in the US on charges of price fixing. 2020 Lin family loses control of the Tatung board of directors. Lin Wen-yuan (no relation) appointed as chairman of the new board. 2021 Lu Ming-kuang, Lin Wen-yuan's successor as chairman, resigns the position.


Affiliations

* Tatung F.C. ''(until 2022)'' *
Tatung University Tatung University (TTU/) is a private university in Zhongshan, Taipei, Taiwan. It was first founded in 1956 as Tatung Institute of Technology but renamed in 1999 as Tatung University. Currently, Tatung University has four colleges: College ...
*
Tatung Institute of Commerce and Technology Tatung Institute of Technology (TTC; ) is an educational institution based in East District, Chiayi City, Taiwan. It has five new departments: Finance, Food and Beverage Management, Early Childhood Care and Education, Multimedia Design, and ...
* Tatung High School


Sponsorship

Tatung sponsored Wolverhampton Wanderers Football Club, an
English English usually refers to: * English language * English people English may also refer to: Peoples, culture, and language * ''English'', an adjective for something of, from, or related to England ** English national ide ...
Football League The English Football League (EFL) is a league of professional football clubs from England and Wales. Founded in 1888 as the Football League, the league is the oldest such competition in the world. It was the top-level football league in Engla ...
side, from 1982 to 1985.


See also

*
List of companies of Taiwan Taiwan maintains a stable industrial economy as a result of economic growth and industrialization during the late 20th century, being dubbed as one of the Four Asian Tigers along with Hong Kong, Singapore and South Korea. It is a member of both ...


References

{{Reflist 1918 establishments in Taiwan Computer hardware companies Electronics companies of Taiwan Electronics companies established in 1918 Heating, ventilation, and air conditioning companies Home appliance manufacturers of Taiwan Manufacturing companies based in Taipei Taiwanese brands Videotelephony