Foundation for Further Growth

Mr. Ting Piao Chiao is the founder of Walsin Lihwa. During the early days of Walsin Lihwa, Taiwan's industrialization began and the Company was able to take part in many important infrastructure projects.

Shortly after Walsin Lihwa became listed on the Taiwan Stock Exchange in 1972, its revenues multiplied year by year along with the commencement of Taiwan’s 10 major infrastructure projects and the takeoff of Taiwan's economy to help lay a solid business foundation for the future.

1966

Walsin Wire & Cable Co., Ltd. established.

1969

Walsin Lihwa Wire & Cable Co., Ltd. formed by the merger of the Walsin and Lihwa companies.

1970

Formed technological partnerships with Western Electric in the U.S. and Fujikura in Japan and began production of plastic insulation telephone cable.

1972

Began production of EP rubber high-voltage cables.

Company's shares listed on the Taiwan Stock Exchange.

1977

Completed the Hsinchuang plant for SCR copper rod production, with annual manufacturing capacity of 50,000 metric tons of oxygen-free copper rods.

1982

Expanded SCR production facilities to increase annual manufacturing capacity to 100,000 metric tons of oxygen-free copper rods.

Diversification

In 1993, Walsin Lihwa established business presence in the stainless steel industry by setting up a stainless steel mill in Yenshui, successfully developed sales channels in Mainland China, and started to establish HannStar Board, HannStar Display, Passive System Alliance, and Winbond Electronics to transform itself into a consortium encompassing electronic component, optoelectronics, printed circuit board, semiconductor operations.

1987

Construction of the Yangmei plant completed.

Entered the semiconductor IC industry by investing in Winbond Electronics Corp. and Sumi-Pac Corp.

1991

Invested in PT. Walsin Lippo Industries in Indonesia to expand aluminum wire business into the Southeast Asian market.

1992

Company renamed Walsin Lihwa Corporation.

Electronics division merged with the acquired Wanbang Electronics to form the new Walsin Technology Corp.

Established plants in Shanghai and Jiangyin to produce power cables and steel cables, thus beginning a new chapter in China investment.

1993

Expanded into the stainless steel industry by forming Walsin Cartech Stainless Steel, a joint venture with Carpenter Technology Corp. in the U.S.

A power cable and wire plant was established in Wuhan to produce optical communication cables and wires.

1995

Formed Walsin (China) Investment Co., Ltd. and set up four operating locations in China's major cities, including Hangzhou, Shanghai and Nanjing, for the production of power cables, bare copper wires and fiber optic cables.

1997

Established stainless steel plants in Changshu and in Baihe, Shanghai, for the production and sale of seamless steel tubes and straight steel bars.

Established stainless steel plants in Changshu and in Baihe, Shanghai, for the production and sale of seamless steel tubes and straight steel bars.

Focus on Core Businesses

Walsin Lihwa has been pursuing corporate reengineering since 1998 to develop a business group management model. With the model implemented, individual business groups grow their individual businesses and strengthen business performance based om industry and market trends as well as their core competitiveness. As a result, Walsin Lihwa’s consolidated revenue exceeded NT$100 billion in 2006. Moreover, Walsin Centro in Nanjing is an urban complex with a total floor area of 1 million square meters. Mainland China is a growth engine for Walsin Lihwa to expand its stainless steel, copper material, and power cable and wire capacities while winning the business opportunities of infrastructure projects there.

1998

Acquired and incorporated the assets of Walsin Cartech into the Company.

Conducted enterprise reengineering and full implementation of the SAP enterprise resource management system.

Expanded into the TFT-LCD industry by forming HannStar Display Corp.

2000

Established the Dongguan plant for bare copper wire production.

2002

Expansion of Yenshui stainless steel plant was carried out to include slab steelmaking facilities.

2003

With Yenshui stainless steel plant beginning slab production, the Company expanded into the stainless steel plate market.

2005

Set up new plants in Nanjing, Changshu and Jiangyin to produce copper products as well as seamless steel pipes and steel wire products.

Shanghai and Hangzhou power cable plants completed expansion and increased production capacity; began mass production of 220kV EHV cables.

Expansion of Yenshui stainless steel plant to include slab steelmaking facilities was completed.

2006

New copper production plant in Nanjing completed, with annual production capacity of 250,000 metric tons. Total copper production increased from 400,000 to 650,000 metric tons.

Development of 500kV EHV cables for Hangzhou power plant was invested and received certification.

Company's consolidated revenue exceeded NT$100 billion.

2007

Expanded steel production capacity by acquiring stake in Yantai Huanghai Iron and Steel Co., Ltd.

Changshu stainless steel plant passed review by the National Nuclear Safety Administration and received certification for nuclear power plant sales.

Hangzhou power cable plant began expansion efforts and construction of the second VCV process tower and added high voltage cable production lines.

2008

Expansion of Yantai plant for stainless steel manufacturing process; added new stainless steel billet products.

Borrego Solar Systems was established in the US to provide solar power system integration service.

2009

Yantai stainless steel plant completed transformation of stainless steel manufacturing processes; stainless steel and high-grade alloy steel products were added.

Changshu plant's seamless steel tube production began Phase 2 expansion to increase production capacity.

Completion of the new A6 building in Xinyi Development Zone and the relocation of Walsin Lihwa headquarters.

2010

Nanjing Walsin Centro began construction in Nanjing's Hexi Newtown. A multi-purpose commercial center spanning one million square meters will be developed over several phases.

Partnered with Nanjing municipal government to create the Nanjing Taiwan Trade Mart, thus establishing a cross-Strait commercial trading platform.

2012

Construction of two office buildings in C1 land plot of Nanjing Walsin Centro completed and transferred to the Jiangsu Branch of the China Development Bank and the Nanjing Branch of China Guangfa Bank.

2013

Cold rolled steel coil production officially commenced at the Taichung Harbor stainless steel roll plant.

2014

First batch of residential buildings in C2 land plot in Nanjing Walsin Centro sold; phased development of D and AB land plots planned.

New Business Development

Walsin Lihwa’s investment in commerce and real estate development is increasingly successful. Walsin Centro in Nanjing has office buildings and deluxe residences. The opening of One Mall in Nanjing in 2019 marked Walsin Lihwa’s expansion into the mall industry. The investment in PT Walsin Nickel Industrial Indonesia in 2020 for the production and sale of nickel pig iron further strengthens the Company’s long-term competitiveness.

2015

The Corporate Social Responsibility Committee was established to continue further strengthening corporate governance and corporate social responsibility fulfillment to help expedite social progress and environmental protection.

2016

Walsin Lihwa Corporation marked its 50th anniversary.

2018

The phase 1 office buildings on the AB block and the phase 2 residential units on the D block at Walsin Centro in Nanjing were delivered.

2019

"ONE mall" in Nanjing Walsin Centro, Walsin Lihwa’s signature work of art in the commercial estate field, commenced operation to become a new landmark in Nanjing.

2020

Established Walsin Nickel Industrial Indonesia to engage in production and sales of nickel pig iron to stabilize its upstream material supply.