TIMTOS E-newsletter / 4th issue
TIMTOS 2010

Facing global challenges with a new business model
——Interview with Manager Kuo of Chin Fong Machine Industrial Co., Ltd.

Register Now for Virtual + Physical Trade Show, TIMTOS 2021 Hybrid

Established in 1948, Chin Fong Machine Industrial Co., Ltd. is not only the largest professional forging equipment manufacturer in Taiwan, but also the top five professional forging equipment manufacturer in the world. As an excellent stamping and forging industry enterprise, Chin Fong plans to use the SI model to assist customers in constructing smart factories and enhancing competitiveness, to establish a new benchmark for smart manufacturing.

TIMTOS 2021 Highlight: iS1 series and ST1 series

At TIMTOS 2021, Chin Fong will demonstrate the application of punching equipment and SI system. Regarding punching equipment, Chin Fong will exhibit iS1 series servo punches and ST1 series straight cylinder type crankshaft direct drive servo presses. These two series are especially suitable for the trends in industrial such as small quantity and diversified production, special materials formability, and high precision with low cost.

The all-in-one iS1 series servo-punching machine can easily change the processing motion curve. It can meet the various processing needs of customers, and improve the processing accuracy and stability of the forming mold, greatly improves production efficiency and extend the durability of the mold.

The design of "ST1 series straight cylinder type crankshaft direct drive servo presses" strengthens the structural rigidity, greatly improves the precision of stamping products, and effectively extends the durability of the mold. It can be widely used in drawing, bending, marking, flattening and trimming processes.

The models on display are equipped with the Chin Fong iForming PMS Intelligent Forming Productivity Management System, which supports the establishment of intelligent management requirements, such as machine networking, real-time management, agile manufacturing, and data-driven decision-making between customers’ equipment, reduce downtime, and loading of machine and labor. It has the advantage of "predictive maintenance", which can further assist customers in improving production efficiency and overall competitive advantage.

From the U.S.-China trade war to the epidemic:
Challenges in the post-epidemic era

The U.S.-China trade war in 2019 and the COVID-19 epidemic in early 2020 have made the originally complex market trends more unpredictable. Faced with these challenges, Manager Kuo said that Chin Fong has been implementing a new operating policy: introducing smart working practices into 5 aspects including products, equipment, factories, management, and services. In addition, the company will launch 4 new business models including: new business, new design, new manufacturing, and new services. On the whole, this innovative concept will start from the application of end users in the stamping industry and expand to SI services and software, creating higher value for customers.

In terms of planning and thinking, the Chin Fong team will use advanced IT technologies, such as IoT and AI as the framework to integrate the process and management of forging users. Based on the iForming management system, the company will integrate smart forging testing and other management systems to achieve comprehensive promotion.

During the epidemic, Chin Fong will emphasize overseas sales assisted by VR/AR in marketing, and will also cooperate with TAITRA in international marketing activities including online exhibitions, media and magazine reports and filming videos to strengthen sales momentum in various overseas regions. Moreover, in response to the differences in the needs of various industries, Chin Fong will develop more competitive new products and create greater benefits for customers with the goal of high cost performance.

Chin Fong Machine Industrial Co., Ltd.
Contact person: Jason Lee
Company number: +886-4-7524131 ext.6205
Fax: +886-4-7611920
E-mail: jasonlee@chinfong.com.tw
Website: https://www.chinfong.com/en/

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