Fongshin Industry Group
Fongshin Industry Group is one of the leading Taiwan-based industrial enterprise groups founded by Mr. Lin Chia-yen in 1952. The Group’s main business includes the manufacture of bearings and automotive parts and supplies, and its products are sold both in domestic and overseas markets.
The Group has the goal to become one of the world’s leading suppliers of automotive parts and components, constantly developing and producing innovative products to meet the needs of global automotive market. Its product portfolio consists of bearings, automotive parts and components, industrial products and various other related products.
As part of their supply chain strategy, the Group has built a strong relationship with leading automotive industry partners by outsourcing a large portion of its production to them. Over time, the Group has established long-term partnerships with renowned automotive suppliers such as Bosch, Koyo and Rolls Royce.
By leveraging on the Group’s broad network of partners and collaborative relationship with supply chain partners, Fongshin has been able to increase the access of its quality components and parts to global markets and to ensure quick and timely delivery of orders.
Fongshin is committed to continuous innovation, for which the Group has set up a dedicated research and development (R&D) center. The center is staffed with some of the top engineers and designers in the industry, who are committed to developing cutting-edge technologies and pushing the boundaries of current industry standards. The Group has established cooperation agreements with various universities and research institutions across Asia to pool resources and empower its R&D team with the latest knowledge and technologies.
In addition to tailoring its products to meet the specific and unique needs of the automotive industry, Fongshin also produces automotive-related products such as tools, components, and subsystems for various regional and global customers. The Company is also committed to the development of green automotive technology and continuously carry out research on electric and hybrid cars and their related parts and components.
Furthermore, the Group has implemented a number of quality control measures to ensure its products are of the highest standards and maintain quality levels. It insists on rigorous quality control at all stages of production from the raw material selection up to the final finished product. In order to ensure quality compliances, the Group has also implemented FLEX, a traceability and efficiency management system across its operations.
In its efforts to advance the global automotive industry and move forward the global economy, Fongshin is continuously expanding its manufacturing capacity, R&D capabilities and technological resources. As an international leader in the automotive industry, Fongshin is poised to continue its pioneering stance to shape the future of the automotive industry.
