About CWE
Message from the Top Management
CWE Group FounderCanon Huang Success is No Accident but Hard Work and Dedication From its establishment in 1989 as a distributor of professional packaging materials and equipment, CWE has been dedicated to the semiconductor packaging industry for more than 30 years. By playing the role of being the bridge between customers and suppliers, CWE and its partner, Sumitomo Metal Mining have jointly invested in the production of tape-COF for LCD driver ICs. In the quest for an additional outlet for production, the Company invests in SH Electronics Taiwan and Chang Wah Technology for the manufacturing of LED lead frames and packaging materials. CWE Group’s business expansion from a distribution channel to manufacturing as well as from packaging materials to LCD, LED and consumer electronics is not a one-step, immediate process, but rather a result of many crucial factors.
Full utilization of effective resources from the parent companyThe parent company, CWE, started as a distribution channel of packaging materials. Over the years, it has not only first-class IC packaging engineers, but also the support of quality partners, including excellent packaging materials from Sumitomo Bakelite, matured etching and electroplating techniques from Sumiko, and sophisticated packaging equipment, mold design, and manufacturing capabilities from Apic Yamada. CWE builds in-house core technology platform with its expertise in the raw materials and production process of lead frames, allowing Chang Wah Technology to enter the LED EMC lead frame market at an almost perfect moment and be fortunate enough to capture more than half of the market share of high-demand EMC lead frames at that time. Support from Taiwan capital marketCWE Group also benefits from support of Taiwan capital market for small businesses, enabling Chang Wah Technology to be successfully listed on the Taipei Exchange in 2016 after a short span of two years, gaining access and capabilities to direct financing, and reserving strength for subsequent operational developments. Full utilization of communication channels from the parent companyUnsatisfactory performance of the semiconductor industry in Japan brought Sumitomo Metal Mining to exit the lead frame market. Long-term cooperation between CWE and Sumitomo Metal Mining allows both parties to quickly reach an agreement for CWE and Chang Wah Technology to acquire five of Sumitomo Metal Mining’s lead frame factories both in and outside Japan in a seamless manner. With IDM customers taken over by Chang Wah Technology and CWE's existing customers, the Group has a complete customer outlet, and brings brand-new applications and more competitive products to the market of metal lead frame packaging. Demonstration of self-innovationChang Wah Technology is capable of not only designing and modifying molds and machines, but also developing unique manufacturing processes, including precise half-etching technology for QFN which improves production efficiency by more than 33%, adoption of photomask plating to replace 80% of the former photoresist plating for QFNs, and in-house pre-mold process to enhance added value. By reengineering the lead frame manufacturing process, we have the ability to set industry standards and meet customer needs with the highest manufacturing efficiency in the industry. Despite multiple impacts of the pandemic on global economy over the past three years, CWE Group has demonstrated resilience with record-high business performances from CWE and Chang Wah Technology. As the pandemic gradually subsides, we look forward to record-setting performance from members of the CWE Group in the future. CWE Group Founder Canon Huang |