Control of key resources and optimization of value-added services
Value chain extension for effectiveness optimization
Walsin Lihwa has 50 years of experience in the commodity industry resulting from raw material procurement for its Power Wire and Cable Business Group and Stainless Steel Business Group to accumulate ample experience in raw material price risk management. In 2020, Walsin Lihwa established PT Walsin Nickel Industrial Indonesia for production and sale of raw materials of stainless steel to help develop long-term competitive advantages in partnership with customers.
The Resources Business Group is responsible for raw materials procurement for the Wire and Cable Business Group and the Stainless Steel Business Group as well as raw material price risk management. The establishment of PT Walsin Nickel Industrial Indonesia to produce and sell nickel pig iron is expected to further strengthen Walsin Lihwa’s long-term competitive advantages as a strategic partner to customers.