TECO Electric & Machinery Co Ltd - Company Profile
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TECO Electric & Machinery Co Ltd (TECO) is a provider of home appliances, electrical equipment, IT systems, electromechanical components, and commercial electronics. The company offers products such as electric motors, reducers, inverters, air condition products, and human-machine interfaces (HMI). It also provides a programmable logic controller, alternating-current servo driving system, automated guided vehicle, and solar panels. TECO serves to the medical information systems, e-commerce, semiconductors, optronics, network, software, infrastructure, financial investments, food services, and distribution industries. The company operates in Africa, Europe, Asia, and the Americas. TECO is headquartered in Taipei, Taiwan.
TECO Electric & Machinery Co Ltd premium industry data and analytics
Products and Services
Products | Services |
---|---|
Electrification System | HVAC System Solution |
Household and Air Conditioning Appliances | E-House Solution |
System and Automation Products | Power Plant Solution |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In January, the company entered an agreement with Energy, Inc. to expand energy storage business opportunities in Taiwan. |
2023 | Plans/Strategy | In September, the company announced its plans to invest US$10 million to build a plant in the municipality of Cienega de Flores, Nuevo Leon, Mexico. |
2023 | Contracts/Agreements | In July, the company landed the NT$4.46 billion turnkey contract for Taipower's STATCOM engineering project in Changhua County. |
Competitor Comparison
Key Parameters | TECO Electric & Machinery Co Ltd | Tatung Co Ltd | Sampo Corporation | Taiwan Sanyo Electric Co., Ltd. | I Yuan Precision Industrial Co Ltd |
---|---|---|---|---|---|
Headquarters | Taiwan | Taiwan | Taiwan | Taiwan | Taiwan |
City | Taipei | Taipei | Taoyuan | Taipei | Taoyuan |
State/Province | - | Taipei | Taoyuan | - | - |
No. of Employees | 14,000 | 32,222 | 1,932 | 1,244 | 239 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Sophia Chwen-Jy Chiu | Chairman | Executive Board | 2015 | - |
Peng Chi-tseng | President | Senior Management | - | - |
Kao Fei-yuan | President | Senior Management | - | - |
Chang Sung-pin | President | Senior Management | - | - |
Thomas Fann | President - Ford Lio-Ho Motor Company | Senior Management | 2022 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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