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Last Updated: 2026
Far Eastern New Century image

Far Eastern New Century

Rank#3254
Market Cap4.72B
CountryTaiwan
Summary
History
Mission
Vision
References
Summaryarrow
Far Eastern New Century Corporation manufactures and sells polyester materials, and semi-finished and finished textiles worldwide. It operates through Petrochemical Business, Chemical Fiber Business, Textile Business, Telecommunication Services Business, Real Estate Development, and Investment and Other segments. The company offers solid state polymers, such as resins, PET sheets and shrinkable films, and perform bottles; non-woven fibers; fiber filaments; cotton, cotton blended, yarn-dyed, polyester, knitted, and industrial fabrics; towels and bed sheets; woven and knitted garments; natural, synthetic, and blended yarns, and textured yarns; and yarn, silk, and cloth printing and dyeing services. It also develops, constructs, leases, and sells real estate properties; electronic information service; business consulting and management services; produces and sells petrochemical materials, chemical and staple fibers, polyester products, recycled PET sheets, PTA, chips, filaments, and apparels; brews and sells beers; develops internet software; and sells electronic materials and by-products, communications products, and office equipment. Further, it engages in electronic toll collection, digital payment, waste recycling and re-processing, transportation, hotel, market research and general advertisement, intelligent control equipment and security monitoring product, machinery and lubricant wholesale, computer system research and design, and medical supplies production and wholesale businesses. Additionally, it provides call center services; data processing and network information service; import and export of goods; human services; foreign trade; bottle production; and digital payment services. The company was founded in 1942 and is headquartered in Taipei, Taiwan.
Historyarrow

FENC was founded in 1956 by Irish missionary Dr. William Johnston under the name Far Eastern Textile Limited. It was incorporated in 1964 and since then has become Taiwan’s largest textile manufacturer. In 1989, the company changed its name to FENC and began expanding into other areas and markets around the world.

Missionarrow
FENC's mission is to continuously create value and realize excellence through innovation and excellence to provide quality products and services that meet customer needs, while striving to fulfill the social responsibility of becoming an ethical enterprise.
Visionarrow
FENC strives to become a leader in the global market and to continuously create value for its customers, stakeholders, and society at large.
Referencesarrow

https://en.wikipedia.org/wiki/Far_Eastern_New_Century

https://in.investing.com/equities/far-eastern-ne

https://finance.yahoo.com/quote/1402.TW/profile?p=1402.TW

https://www.crunchbase.com/organization/far-eastern-new-century

https://companiesmarketcap.com/

https://www.fenc.com

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Leadership team
M
Mr. Shu-Tong Hsu (Chairman & Pres)
M
Mr. David Wang (Chief Financial Officer)
E
Eric Chueh (Chief Operating Officer)
Products / Services
Industrial Manufacturing, Manufacturing, Textiles
Address
Taipei, T'ai-pei, Taiwan
Established
1954-01-01
Net Income
S_500M_1B
Revenue
$1B+
Traded as
1402.TW
Website
https://www.fenc.com
Social Media
linkedin
Last Updated: 2026
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