Walsin Lihwa Corporation announced its net operating revenue for March 2011, on a stand-alone basis, was NT$8.3 billion, an increase of 19% from March 2010. January through March net operating revenue for 2011 totaled NT$20.1 billion, an increase of 4% compared to 2010.

The company’s consolidated net operating revenue for March 2011 was NT$ 20.1 billion, an increase of 20% from March 2010. January through March revenue for 2011 totaled NT$48.8 billion, an increase of 8% compared to the previous year. 

Walsin Lihwa Corporation, established in 1966, has been the leading manufacturer for copper wires and rods, power cables, and specialty steel in the greater China region.

Taipei, March 16, 2011 — Today Walsin Lihwa held a board meeting, which approved the company’s 2010 financial statements audited by CPA. The net income after tax amounts to approx. NT$4.777 billion with EPS of NT$1.55, and a cash dividend of NT$0.4 per share is planned. The board meeting also decided to hold the annual shareholders’ meeting at 9:00 am on June 17 (Fri), at Ballroom, Grand Victoria Hotel Taipei.

Because of an ongoing economy recovery last year boosting copper and nickel prices, sales of Walsin Lihwa copper and stainless steel products reached a new high while the company also benefited from considerably increased non-operating incomes. As a result, the 2010 revenue and earning are significantly higher than 2009. The stand-alone operating revenue, is NT$78.746 billion, approx. 28% higher than 2009. The consolidated operating revenue of NT$190.152 billion is 43% higher. The stand-alone gross profit is NT$5.318 billion with the consolidated gross profit of NT$8.657 billion. The stand-alone income from operations is NT$3.237 billion with the consolidated income from operations of NT$3.545 billion. The net income after tax is NT$4.777 billion with EPS of NT$1.55.

The board meeting also passed two motions: 1) Increase the capital of Dongguan Walsin Lihwa Wire & Cable Co. by US$20 million to increase its working capital and strengthen its financial structure, and 2) transfer Walsin Lihwa Holdings’ ownership of Xian Walsin United Technology Co., LTD. to Market Pilot Limited for investment structure improvement, and have Walsin Lihwa Holdings increase the capital of Market Pilot Limited by US$100 million, of which US$52 million will be the equity transfer price and the other US$48 million will be used for loan payoff. 

Established in 1966, Walsin Lihwa is committed to the manufacture and R&D of copper cables and wires, power cable and wires, and specialty steel products. The company is a leader of power cable and wires as well as specialty steel products in the Greater China market.

Walsin Lihwa Corporation announced its net operating revenue for February 2011, on a stand-alone basis, was NT$5.7 billion. January through February net operating revenue for 2011 totaled NT$11.8 billion.

The company’s consolidated net operating revenue for February 2011 was NT$ 12.7 billion. January through February revenue for 2011 totaled NT$28.7 billion. 

Walsin Lihwa Corporation, established in 1966, has been the leading manufacturer for copper wires and rods, power cables, and specialty steel in the greater China region.M

Taipei, February 16, 2011 — The Nanjing Taiwan Trade Mart today announced a letter-intent signed with eight Taiwan industry associations to together promote Nanjing as strategic platform for Taiwan brands’ market development in Mainland China. The signing ceremony was witnessed by a trade delegation led by Ji Jianye, Mayor of Nanjing, as well as the Taiwan External Trade Development Council, Council for Cultural Affairs, Taiwan Electrical and Electronic Manufacturers’ Associations, and influential business leaders across the Taiwan Strait.

The Nanjing Taiwan Trade Mart, which opened for business in September 2010, has been the first in-market platform in Nanjing for Taiwan companies since the first Taiwan Trade Fair took place there and has helped more than 250 Taiwan brands enter the markets of Nanjing-Shanghai area. Today, Daphne Chang, general manger of the mart, signed the letter-of-intent with the Taiwan Textile Federation, Taiwan Garment Industry Association, Association of Taiwan Tour Souvenir, Taiwan Exhibition and Convention Association, MIT Underwear Innovation Alliance, Corporate Synergy Development Center, China Productivity Center, and Commerce Development Research Institute. According to Yu-Lon Chiao, Chairman of Walsin Lihwa, the strategic cooperation is intended to have the resources and strengths of various industry associations integrated in order to help Taiwan small and medium businesses effectively enter the market of Mainland China and develop business there.

Nanjing is in Jiangsu Province, and Jiangsu always has a good trade relation with Taiwan. Therefore, TAITRA held its first Taiwan Trade Fair in Nanjing to help outstanding Taiwan products be better understood in Mainland China, and has brought in a strong interest in Made-in-Taiwan products. The Nanjing Taiwan Trade Mart, which wants to further develop itself into a permanent platform for the exhibition and sales of Taiwan products, has supported the Jiangsu-Taiwan week as well as the 2nd Taiwan Trade Fair, successfully laying a solid foundation for outstanding Taiwan brands in Nanjing ¡VShanghai markets. According to Daphne Chang, the next objective of the Nanjing Taiwan Trade Mart is to strengthen operation by bringing in even more representative products and delicacies from Taiwan as well as arranging effective, professional buyer-seller match programs and strengthening mall management to make the mart an even better platform for the exhibition and sales of outstanding Taiwan products.

According to Daphne Chang, this year more than 70 events to match buyers and sellers have been planned, including matches on a one-on-one basis. Buyers include Beijing Hualian Investment Group, Wal-Mart, JSBC Mall, etc. which cover department store, high-end supermarket, mega mart, and TV shopping operations and will be entitled to match events of different product categories and different themes. Exhibitions or sales events of diverse themes have also been arranged for sellers from different Taiwan industries, while buyer match and brand management assistance will be provided to them.

The Nanjing Taiwan Trade Mart is as spacious as 75,000 square meters and it is the first ever Taiwan-themed business and trade complex in Mainland China. Supported by the People’s Government of Nanjing’s “green passageway” policy, the Nanjing Taiwan Trade Mart has developed its one-stop-shopping service that integrates government and private sector resources to lower the threshold for Taiwan businesses to enter the market of Mainland China, where they will benefit from the common branding of Made In Taiwan to enjoy the unlimited business opportunities resulting from a rapidly strengthening domestic demand.

Walsin Lihwa Corporation announced its net operating revenue for January 2011, on a stand-alone basis, was NT$6.1 billion, an increase of 0% from January 2010.

The company’s consolidated net operating revenue for January 2011 was NT$ 16.0 billion, an increase of 7% from January 2010. 

Walsin Lihwa Corporation, established in 1966, has been the leading manufacturer for copper wires and rods, power cables, and specialty steel in the greater China region.

Walsin Lihwa Corporation announced its net operating revenue for December 2010, on a stand-alone basis, was NT$5.7 billion, an increase of 11% from December 2009. January through December net operating revenue for 2010 totaled NT$78.7 billion, an increase of 28% compared to 2009.

The company’s consolidated net operating revenue for December 2010 was NT$ 16.2 billion, an increase of 9% from December 2009. January through December revenue for 2010 totaled NT$189.8 billion, an increase of 43% compared to the previous year. 

Walsin Lihwa Corporation, established in 1966, has been the leading manufacturer for copper wires and rods, power cables, and specialty steel in the greater China region.

Walsin Lihwa Corporation announced its net operating revenue for November 2010, on a stand-alone basis, was NT$6 billion, an increase of 29% from November 2009. January through November net operating revenue for 2010 totaled NT$73 billion, an increase of 30% compared to 2009.

The company’s consolidated net operating revenue for November 2010 was NT$ 16.3 billion, an increase of 26% from November 2009. January through November revenue for 2010 totaled NT$173.6 billion, an increase of 47% compared to the previous year. 

Walsin Lihwa Corporation, established in 1966, has been the leading manufacturer for copper wires and rods, power cables, and specialty steel in the greater China region.

Walsin Lihwa Corporation announced its net operating revenue for October 2010, on a stand-alone basis, was NT$6.1 billion, an increase of 17% from October 2009. January through October net operating revenue for 2010 totaled NT$67 billion, an increase of 30% compared to 2009.

The company’s consolidated net operating revenue for October 2010 was NT$ 14.3 billion, an increase of 19% from October 2009. January through October revenue for 2010 totaled NT$157.3 billion, an increase of 49% compared to the previous year. 

Walsin Lihwa Corporation, established in 1966, has been the leading manufacturer for copper wires and rods, power cables, and specialty steel in the greater China region.

Taipei, October 28, 2010 — Today Walsin Lihwa signed an investment cooperation agreement with Solarion AG, a Germany-based solar energy company in Leipzig. Under the agreement, the two companies will together produce Copper-Indium-Gallium-Diselenide (CIGS) thin-film solar cells and develop next generation solar energy technologies.

Walsin Lihwa, via its wholly owned subsidiary Ally Energy Limited BVI, invests 40 million Euro in Solarion AG, acquiring 49% of the stakes in Solarion AG as well as Solarion AG’s CIGS technology patent licensing. In the afternoon of October 28 (Taiwan local time), Yu-Lon Chaio, Chairman of Walsin Lihwa, and Dieter Waffel, Chairman of Solarion AG, signed the Subscription and Shareholders’ Agreement, License Agreement and Technology Collaboration Agreement at Leipzig City Hall. Under involvement of the Development Bank of Saxony the investment is awarded with a grant of more than 20 million Euro. Both Sven Morlok, State Minister of Economic Affairs of Saxony, and Barkhard Jung, Mayor of Leipzig City, attended today’s signing ceremony.

The Germany-based Solarion AG, a company specializing in solar cells and solar modules, has a number of advanced CIGS solar technologies and related patents. Walsin Lihwa and Solarion AG will together pursue the quantity production of CIGS thin-film solar cells by setting up a solar cell and module plant in 2011 in Leipzig. The initial capacity of the plant is 20 MW, which will be increased to 200 MW. Moreover, the patent licensing that Walsin Lihwa obtains from Solarion AG will enable Walsin Lihwa to independently manufacture and sell CIGS solar products.

According to Walsin Lihwa, the high power conversion efficiency of CIGS enables CIGS thin-film cells to have the greatest development potential. Solarion AG’s CIGS patents and the company’s low-cost, high-performance competitiveness make the cooperation ideal for Walsin Lihwa’s vertical integration strategy and help Walsin Lihwa obtain such patented key technologies in order to have a head start in independent solar energy R&D.

Founded in 2000 in Leipzig, Solarion AG establsihed Europe’s first pilot line for the manufacturing of flexible and highly efficient CIGS thin-film cells in 2002. Solarion’s technology is based on a proprietary ion-beam assisted deposition of the CIGS absorber in a roll-to-roll process. The advantages of this technology are its low deposition temperature, improved solar cell efficiency, higher process speed as well as lower energy and material costs. The utilization of a flexible carrier enables new fields of photovoltaic applications. According to Dieter Waffel, Chairman of Solarion AG, the cooperation with Walsin Lihwa paves Solarion’s way to mass production and help the development of CIGS products and technologies featuring an even lower cost and much higher power conversion efficiency.

Founded in 1966, Walsin Lihwa Corporation has been a leading manufacturer of wire & cable and specialty steel in the Greater China region and now an international conglomerate with diverse investments in high-tech industry and financial investment. In recent years Walsin Lihwa has entered new businesses covering MEMS, LED and solar energy technology based on its long term strategy.

Walsin Lihwa is located in Taipei, Taiwan with over 20 operation sites worldwide, mainly based in Taiwan and China.M

Walsin Lihwa Corporation announces its stand alone as well as consolidated financial statements of 2010 first 3 quarters on 25th October. The company’s net operating revenue from January through September this year is approx. NT$60.93 billion, an increase of 31% compared to 2009. The consolidated net operating revenue reached NT$143.27 billion, an increase of 53% compared to 2009. The operating gross profit reached NT$3.9 billion and the consolidated one reached NT$6 billion. The income from operations is NT$ 2.6 billion, and consolidated income from operations is NT$2.6 billion. Net income after tax reached NT$ 3.4 billion, earnings per share at NT$ 1.12.

Walsin Lihwa Corporation established in 1966, has been the leading manufacturer for copper, power cables, communication wires and specialty steel.