From its establishment in 1989, CWE has introduced packaging materials and equipment of Sumitomo Bakelite, Sumitomo Metal Mining Group and a number of internationally renowned manufacturers in a timely and precise manner with its professional foresight and astute market insights, satisfying diverse needs of domestic packaging companies, and winning praises from both the original manufacturers and customers.
In 2020, CWE embarked on the second 30-year period. In respond to international division of labor as well as to strengthen the overall competitiveness and improve the return on equity, CWE’s business strategies first focus on engaging in the new semiconductor-related core industries and managing more diversified materials. Started as an agent for packaging materials, CWE is familiar with the packaging business, ranging from equipment to materials. It aims to extend the agency to cover the front-end segments, such as materials for wafer-level packaging, in order to expand its influence in the materials industry.
The second focus is on commitments to the manufacturing field, seeking joint venture partners at the right time and participating in business operation in order to seize new business opportunities in semiconductor-related materials or equipment. With the acquisition of Sumitomo's factories in the past, CWE is experienced in M&A and factory management. More importantly, the Group is in a strong position to expand as it is financially sound with abundant funds, which are crucial for mergers and acquisitions. In the future, the Group will have at least two major business units (BUs): one being manufacturing or industrial control, and the other being sales or trading division. The Group plans on shifting towards the investment control model.
With the goal of becoming an international professional distributor of semiconductor materials and having a say in setting standards of the semiconductor materials industry, CWE Group will continue to pursue the best interests of its shareholders, employees, and customers with joint efforts of employees and support from shareholders pursuant to the principles of professionalism, integrity, and sustainable operation while expanding the market share and revenue scale. As we always say, "Opportunities come to those who are prepared." CWE Group is ready to take on future business opportunities and challenges!
