 Development Strategy
Besides focusing on industrial development, Taiwan Fuhsing continues to utilize its technological advantages in die casting, forging, surface processing, stamping and cutting, to diversify its business. At the same time, the Company is actively expanding its molding skills, heading towards diversification and forming international strategic alliance. Our strategies are drawn up as follows :
| Professional division of labor, integration services : |
Taiwan Fuhsing not only provides door products, it also utilizes its core technologies to actively develop 3C and other residential hardware parts. The division of labor is as below :
- The Security System Product Group which commits itself to industrial development and upgrading
- The supply chain group which focuses on metal processing technology research and
development
- The mold center which is established to diversify the Company’s operations. This strategy serves to meet market needs.
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| Established Locally, Think Globally : |
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Using Taiwan as the centre of operation, the Company seeks to integrate and utilize its industrial resources so as to grasp the latest information quickly. This will in turn empower the Company with the ability to react lexibly to environmental changes and to devise responding strategies. |
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| To promote industrial strategic alliance : |
Seeking new technological cooperation and development, developing value-added services and international division of labor, completing the construction of a vertical supply system, increasing global competitiveness.
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| The development of new markets: |
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This opens up more avenues for product distribution. The Company is also actively developing new products outside the industry, such as residential hardware parts, other 3C parts and so on, to enhance the Company’s competitive advantages
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