Taipei, September 6, 2024 – Walsin Lihwa held a conference with its annual suppliers today, themed “Carbon Reduction and Sustainability, Intelligent Future.” During the conference, the company shared it’s business outlook and centered on three main topics: “Walsin’s Sustainable Development,” “Corporate Green Sustainability and Carbon Reduction,” and “AI Digital Applications Enhancing Corporate Operations.” Nearly a hundred suppliers, along with experts and scholars, participated in the conference.
Chiao Yu-Lon, Chairman of Walsin Lihwa, expressed gratitude to all supplier partners and emphasized that the company’s continuous growth depends on three key factors: a strong sense of social responsibility, effective financial management, and sound corporate strategies. He also noted that, as external information technology evolves, Walsin Lihwa is actively utilizing smart manufacturing, AI technology applications, intelligent operation platforms, and advanced decision-making models to foster an organizational culture of effective execution. These initiatives are integral to the company’s growth and enhance its corporate value.
Walsin Lihwa plans to integrate ESG principles into its daily operations through corporate governance, technological innovations and applications, intelligent production, resilient supply chains, and investments in materials and green energy industries. The company seeks to collaborate with supplier partners to tackle opportunities and challenges, aiming for long-term, close partnerships within a supportive supply chain ecosystem to create sustainable value together.
During the conference, Walsin Lihwa shared updates on its wire and cable business, stainless steel business, resource business, and European investments with supplier partners. The event included three thematic seminars: “Walsin’s Sustainable Development,” “Corporate Green Sustainability and Carbon Reduction,” and “AI Digital Applications and Corporate Operation Upgrades.” The company will establish an electronic procurement system to offer a safer and more convenient transaction platform, offering fair, transparent, and i and open competition opportunities.. Additionally, Walsin Lihwa will initiate a selection process to recognize outstanding suppliers through scientific evaluations, highlighting those with notable contributions to green procurement, low-carbon partnerships, and exceptional performance in delivery, quality, and service. These suppliers will receive public recognition. Moving forward, Walsin Lihwa will support suppliers in enhancing their corporate social responsibility management capabilities to realize its vision of ethical procurement and a resilient supply chain.
Established in 1966, Walsin Lihwa dedicates itself to the development of wire and cable, stainless steel, commodity resources, real estate, and renewable energies. As a leader in the wire and cable and the stainless steel industry in the Greater China region, the company has also expanded itself into a multinational conglomerate with hi-tech and energy investments.