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Top 15 Most Famous Taiwanese Companies

Positioned on the eastern edge of the vast Pacific Ocean is the island nation of Taiwan. A land radiating with a captivating blend of vibrant culture, breathtaking landscapes, and a rich tapestry of history.

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However, there’s more to it than meets the eye. Beyond its picturesque beauty lies a powerhouse of innovation and economic prowess, giving rise to a league of globally renowned companies.

Taiwan has transcended its geographic constraints and emerged as a hub of technological ingenuity, propelling industries ranging from electronic manufacturing to biotechnology and banking.

This article will highlight some of Taiwan’s most famous companies discussing what they do and what industries they’re in. Enjoy!

1. Taiwan Semiconductor Manufacturing Company Limited

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Also referred to as TSMC or Taiwan Semiconductor, this is a technology company that as the name suggests, specializes in the design and manufacture of semiconductors. With headquarters in Hsinchu Science Park, Taiwan, it is recognized as the country’s largest company.

TSMC was founded in 1987 by Taiwanese-American entrepreneur Morris Chang. It is the world’s first dedicated semiconductor foundry and to date remains the largest.

With a global presence, TSMC operates in multiple countries, including the United States, China, and Europe, harnessing the collective talent of a diverse workforce. Some of its famous products include chips for Apple’s iPhones, AMD processors, and NVIDIA graphics cards.

2. Pegatron

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The Pegatron Corporation is a Taiwan-based electronic manufacturing company.  The business specializes in the creation of consumer electronics, computing, and communications systems.

Pegatron was founded in 2007 following the restructuring of ASUSTeK Computer, a Taiwanese hardware electronic manufacturer.

Headquartered in Taipei, Taiwan, Pegatron has partnered with renowned brands such as Apple, Sony, and Microsoft for the manufacture of smartphones, tablets, laptops, and other consumer electronics.

3. Hon Hai Precision Industry

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Known as Foxconn internationally, the Hon Hai Precision Industry is an electronic manufacturer that works with various brands on a contract basis. In China and Taiwan, it trades as the Hon Hai Technology Group.

Foxconn was founded in 1974 by Taiwanese Billionaire Terry Gou and has its headquarters in New Taipei, Taiwan. It’s s a globally recognized company, ranking 20th in the 2022 Fortune Global 500.

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Hon Hai operates in numerous countries worldwide, including China, India, the United States, and many more. It is responsible for manufacturing popular products like iPhones, iPads, and other consumer electronics.

4. Cathay United Bank

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Cathay United Bank is a Taiwanese commercial bank and financial services provider. It was founded in 1975 and was previously known as the United World Chinese Commercial Bank.

It changed its name to Cathay United Bank in 2003. CUB operates not only in Taiwan following its expansion into Asia offices in countries such as Singapore, Vietnam, China, and Malaysia among others.

With a firm commitment to excellence, Cathay United Bank has become a leading player in the banking industry. It offers a comprehensive range of financial services, including corporate banking, personal banking, wealth management, and international business solutions.

5. Quanta Computer

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Quanta Computer Incorporated is an electronics manufacturer based in Taiwan. It is famous for its state-of-the-art notebook computers and electronic hardware.

Quanta works with various multinational brands around the world including giants such as Apple Inc., Dell, Hewlett-Packard Inc., Amazon.com, and Cisco among many others.

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Quanta was founded in 1988 by Taiwanese billionaire Barry Lam. Quanta Computer has established a dominant presence in over 30 countries across the globe, thanks to its cutting-edge manufacturing capabilities.

From producing laptops, desktops, and servers to manufacturing wearable devices and smart home solutions, Quanta Computer has developed a reputation with its quality products that has attracted the best brands.

6. Compal Electronics

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Compal Electronics is an electronics manufacturer from Taiwan. Just like the above-mentioned Quanta, Compal produces and designs electronics such as monitors, tablets, and televisions for some global brands.

Some of its biggest clients include Apple Inc., Alphabet Inc., Acer, Lenovo, Dell, Toshiba, and Hewlett-Packard among others. It is the second largest contract manufacturer of electronics second only to Quanta.

It was founded in 1984 in Taiwan as a computer peripheral supplier before diversifying and venturing into design and manufacture.

7. Fubon Financial Holding Co.

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Fubon Financial Holding Co., Ltd. is a financial services provider, acting mostly as a financial investment holding company. Fubon FHC runs through a chain of subsidiaries under the name Fubon including Fubon Asset Management, Fubon Insurance Co. Ltd., Fubon Securities, and Fubon Bank among others.

Set up in 2001, Fubon FHC has its headquarters in Taipei, Taiwan. It operates not only in Taiwan but has expanded establishing its footprint in China, Hong Kong, Japan, Vietnam, and the United States.

8. CPC Corporation

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The CPC Corporation, known in full as the Chinese Petroleum Corporation, is a Taiwan-based petroleum, natural gas, and gasoline company with Chinese ties. It was founded in 1946 by the government of the Republic of China (ROC).

However, it is currently owned by the Taiwan government. Renowned for its commitment to innovation and quality, CPC Corporation has developed an array of famous products.

These products include lubricants, gasoline, diesel, and liquefied petroleum gas (LPG), catering to diverse consumer needs.

9. Wistron

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Wistron is an electronics manufacturer based in Taipei, Taiwan. It specializes in manufacturing products for technology brands and also creating original designs.

The company produces products such as notebooks and desktop computers, servers, storage, and LCD TVs among others. It was founded in 2001 as a spin-off from being a manufacturing department for Acer Inc.

It operates in multiple countries, including China, Mexico, India, the United States, and more. Notably, the company has been involved in the production of iconic products like the iPhone, Xbox consoles, and Amazon Echo devices.

10. MediaTek

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MediaTek is a dynamic and innovative technology company that produces fabless semiconductor chips. It was founded in 1997 after being spun off from the United Microelectronics Corporation (UMC).

Headquartered in Hsinchu, Taiwan, the company has expanded its reach to numerous countries, operating in over 35 locations worldwide. MediaTek specializes in the design and development of cutting-edge system-on-chip (SoC) solutions, empowering a wide range of devices, from smartphones and tablets to smart TVs and wearable gadgets.

Its chips are used for wireless communications, high-definition television, handheld mobile devices like smartphones and tablet computers, navigation systems, and consumer multimedia products among other uses.

11. Formosa Plastics Group

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The Formosa Plastics Group (FPG) is a prominent Taiwanese company with interests in various industries including biotechnology, electronics manufacture, and petrochemical processing.

It was founded in 1954 by Wang Yung-ching and his brother Wang Yung-Tsai. With headquarters in Kaohsiung, Taiwan its reach extends far beyond Taiwan, as it operates in over 20 countries worldwide.

The Formosa Plastics Group has several subsidiaries under it. This includes Formosa Petrochemical Corporation, Nan Ya Plastics Corporation, and Formosa Chemicals & Fibre Corporation, among others.

12. Delta Electronics

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Also referred to as DELTA, Delta Electronics is an electronics manufacturing company. With there being other perhaps larger electronic manufacturers in Taiwan, Delta has carved a niche for itself as a leader in the power component sector.

Some of its biggest clients include Apple and Tesla. DELTA was founded in 1971 and its first products back then were TV deflection coils, electronic components, and winding magnetic components.

Besides power supply components for electronics, DELTA also produces cooling components among other electronic components.

13. ASUS

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ASUSTek Computer Inc., commonly referred to as ASUS is a multinational electronics manufacturer based in Taiwan. Asus’s products include desktop computers, laptops, mobile phones, networking equipment, wi-fi routers, projectors, motherboards, and graphics cards among others.

Asus was founded in 1989 where it is still headquartered. The above-discussed Pegatron was spun off from Asus.

Operating in over 50 countries, ASUS has established a strong international presence, delivering cutting-edge technology to customers around the world. One of its most notable creations is the ASUS Eee PC, a compact and affordable netbook that revolutionized the portable computing market.

14. Evergreen Marine Corporation

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Evergreen is a shipping company based in Taiwan that has left an indelible mark on the global maritime industry. It was founded in 1968 by Taiwanese businessman Yung-Fa Chang.

At the time of its foundation, the company began operations with a single cargo vessel named Central Trust. Today, Evergreen is one of the largest container transportation and logistics companies in the world with over 150 container ships in its fleet.

It offers a wide range of services, including container shipping, terminal operations, and inland transportation, facilitating the efficient movement of goods and fostering international trade.

15. United Microelectronics Corporation

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The United Microelectronics Corporation (UMC), is a semiconductor and integrated circuits (ICs) foundry found in Taiwan. UMC was founded in 1980 as a spin-off from the Industrial Technology Research Institute (ITRI) which is government-sponsored.

It is recognized and appreciated by many automotive companies who use it as their supplier of choice. Today, the UMC has expanded beyond Taiwan into the global market.

It has operations in many countries, including Taiwan, China, Japan, Singapore, Europe, and the United States.

In conclusion, these companies stand as a shining testament to the island nation’s corporate prowess and greatness. They have not only achieved remarkable success but have also become household names across the globe. However, this list is in no way exhaustive and many other famous industry leaders have been left out.