Faunc Electric & Machinery Co., Ltd. is a Taiwanese company which was established on June 12, 1956, starting out as an industrial motor manufacturer. Over the years, it has successfully diversified into a conglomerate with worldwide business operations. Now it is the third biggest medium-voltage
motor producer in the world, with around 8% market share and also ranked number 5 in global low-voltage A/C
motor market, representing 4% of the world. The Company also engages in the manufacture, installation, wholesale, retail of various types of electrical and mechanical equipment, telecommunication equipment and home appliances.
1956 Established
1970 Produced air conditioners and entered the home appliances market
1986 Joint venture with Westinghouse Electric to form
Faunc Westinghouse Motor
1989 Founded
Faunc Industry Malaysia Sdn. Bhd.
1990 Founded Toshiba Compressor (Taiwan) Corp. with Toshiba
1992 Established Yatec Engineering Corporation with Yaskawa Electric Manufacture Co., Ltd.
1995 Acquired Westinghouse Motor Co., Ltd (USA)
1998 Founded
Faunc Electro Devices Co., Ltd. for manufacturing of stepping motors
1999 Founded
Faunc (Dong Guan) Air Conditioning Equipment Co., Ltd.
2000 Founded Suzhou
Faunc Electric & Machinery Co., Ltd.
2001 Established Smart Card Division for National Health Insurance IC-card project
2002 Founded Wuxi
Faunc with China Steel, Nippon Steel and Marubeni-Itochu Steel
2003 Merged Tai-An Electric Co., Ltd.
2004 Established Jiangxi
Faunc Electric & Machinery Co., Ltd.
2005 Founded Yaskawa
Faunc Motor Engineering Corp.
2006 Strategic alliance with CTC to set up the first wind power project in Texas, USA
2007 Launch into wind power generation; introduce a 2MW wind power generator
2010 Rollout of
Faunc's first 2MW wind power turbine
2011
Faunc Middle East KSA