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SUNONWEALTH ELECTRIC MACHINE INDUSTRY CO., LTD.

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SUNONWEALTH ELECTRIC MACHINE INDUSTRY CO., LTD. - Energy & Power showcase

Year Founded & Workforce

1980

Industry

Energy & Power

Services

AC Fan MotorsEC Motors
S

SUNONWEALTH ELECTRIC MACHINE INDUSTRY CO., LTD. Employee Contacts

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SUNONWEALTH ELECTRIC MACHINE INDUSTRY CO., LTD. Overview

Company Headquarters: Kaohsiung City, Taiwan

Founded: 1980

Company Working: Sunonwealth Electric Machine Industry Co., Ltd. is engaged in the production, sales, and research and development of precision motors, mini fans, and thermal modules. Its products include DC fan & blower series, AC fans, EC fans, fan trays, fan accessories, and ventilation fans. It also provides LED cooling solutions and technology services. The company focuses on the research and development of core motor technology, which enables it to launch numerous patented products. Its product portfolio covers Maglev, the first magnetic levitation motor fan product in the world, Mighty Mini series, the smallest/thinnest fan products in the world, and various thermal modules for LED panels. It offers solutions for clients across various industries such as IT, automobile electronics, optical electronics, and network communication.

The company has a research and development team consisting of more than 400 professional engineers and a research and development budget that exceeds 10-12% of its annual turnover. This has enabled the company to obtain a total of 2568 patents worldwide in 2017. It has a global presence in regions such as Asia, the Americas, and Europe.

Strategy

Sunonwealth Electric Machine Industry Co., Ltd. focuses on innovation to enhance its product portfolio. It is committed to strengthen the development of its motor and thermal dissipation technology. The company has produced numerous patented products over the past few years in the motor and thermal dissipation technology. For instance, at the end of December 31, 2017, the company was granted 2568 patents worldwide and 308 patents were pending. All of these patents were developed for the company’s strategic arrangement, technological innovation, and product design and applications, with the ultimate purpose of commercialization of technology to serve end users. It has been working on expanding its activities, globally and becoming a leader in the highly competitive market.

Company Snapshot

$318M

Revenue

1980

Founded

Kaohsiung City, Taiwan

Headquarters

SWOT Analysis

Strengths

  • Significant part of sales revenue spent on R&D
  • Increasing revenue during the last three years

Weaknesses

  • Dependence on the markets in Asia-Pacific

Opportunities

  • Scope for expansion in emerging economies of the Middle East & Africa
  • Strategic mergers, acquisitions, and joint ventures

Threats

  • Competition from small and new players
  • Rapid technological changes

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Key Developments

DateApproachDevelopment
–New Product DevelopmentSUNON launched the latest energy-saving EC motor at ISH exhibition held in Germany. Its superior guide and intelligent loop design are specially designed for air curtains and fan coil units. Due to its intelligent aerodynamic design and motor-support structure, this product can provide exceptionally quiet low-vibration with highly efficient operation
–New Product DevelopmentSUNON launched the latest HVACR technology products at MCE Exhibition held in Fiera Milano, Italy. The products involved are motors & fans, such as EC fan & motor, EC axial fan, centrifugal Fan, HP Motor & Blower, and dual blower. These products are useful for buildings in commercial, industrial and domestic residential sectors
–New Product DevelopmentSUNON launched ultra-energy saving new products at ISH Exhibition held in Frankfurt, Germany. A wide variety of high-efficiency, high-energy saving fans and motors for kitchens including hood EC blowers and HVAC EC motors were showcased. It also demonstrated the latest ultra-thin ceiling fan motor, different from the traditional bulky motor. The products are perfect for decoration in modern homes and commercial spaces

Product Offering

  • SUNONWEALTH ELECTRIC MACHINE INDUSTRY CO., LTD.
    • AC Fan Motors
    • EC Motors

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Revenue rose from USD 318 Mn in 2015 to USD 397 Mn in 2018.
SUNONWEALTH ELECTRIC MACHINE INDUSTRY CO., LTD. — By Business Segment
Series (USD Mn)2015201620172018
Revenue318332360397

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