Far Eastern New Century Corporation (1402.TW) TAI

Currency In TWD

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Far Eastern New Century Corporation

Address

Taipei Metro Tower

Taipei, TPE

Taiwan (Province of China)

Phone

886 2 2733 8000

Sector

Consumer Cyclical

Industry

Apparel - Manufacturers

Employees

33241

First IPO Date

January 04, 2000

Key Executives

NameTitlePayYear Born
Minxiong CaiAccounting Supervisor0N/A
C. Y. LinChief Human Resources Officer0N/A
David ShihSenior Vice President of Polyester Business0N/A
Chengyu ZhengManager0N/A
Li-Chi ChenSenior Vice President of Legal Department0N/A
Raymond HsuChief Auditor of Chairman Office0N/A
Tony LiangSenior Vice President of Textile Business0N/A
Shaw Y. WangChief Philanthropic Director of Chairman Office & Director01940
Eric ChuehChief Operating Officer0N/A
Chien-Cheng WangChief Financial Officer0N/A
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Description

Far Eastern New Century Corporation (FENC) is a global enterprise specializing in the production and distribution of polyester-based materials and a wide array of textile products, spanning from semi-finished goods to completed garments. The company's operations are diversified across several key business segments, including Petrochemicals, Chemical Fibers, Textiles, Telecommunication Services, Real Estate Development, and various Investment ventures. FENC's product portfolio is extensive, covering a broad range of items such as solid-state polymers like resins, PET sheets, shrinkable films, and preform bottles. It also manufactures non-woven fibers, fiber filaments, and diverse textile types, including cotton, synthetic, and blended fabrics and yarns. Its offerings extend to consumer goods like towels and bed sheets, and a variety of apparel, including sportswear, outerwear, children's clothing, shirts, and loungewear. Additionally, the company provides specialized services such as yarn, silk, and cloth printing and dyeing. Beyond its core textile and polymer activities, FENC is actively involved in real estate, undertaking property development, construction, leasing, and sales. It produces and markets a comprehensive range of petrochemical materials, chemical and staple fibers, various polyester derivatives (including recycled PET, PTA, chips, and filaments), and associated by-products. The company's diverse interests also include brewing and distributing beers, providing infrastructure services like pipe and cable installation, and trading in electronic components, communication devices, and office equipment. The group's extensive scope further encompasses a wide array of services and industries, such as electronic toll collection, digital payment solutions, waste recycling and reprocessing, transportation, hospitality (hotels), market research and advertising, and the provision of intelligent control and security monitoring equipment. It also participates in the wholesale of machinery and lubricants, computer system design and development, international import and export trade, and the manufacturing and distribution of medical supplies. Established in 1942, Far Eastern New Century Corporation is headquartered in Taipei, Taiwan.

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