Fortune Electric
Industrial Machinery & Equipment · Taiwan · 501-1,000 Employees
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Overview
Headquarters
10 Jill Rd No, Zhongli District Taoyuan ...Phone Number
+886 34526111Website
www.fortune.com.twRevenue
$475.9 MillionStock Symbol
1519Industry
ZI Rank: 1
Signal Type
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ZI Rank
2
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About Fortune Electric
Fortune Electric is a world class manufacturer of oil filled distribution and power trasnformers up to 345 KV/500 MVA. Fortune also builds Cast Coil transformers up to 10,000 KVA/24KV, Gas Insulated Switches up to 24 KVA/161 KV, and low voltage and medium voltage switchgears and MCC. Fortune has over 30 years of experience in the power transmission and distribution field, and the company is an ISO 9001 certified company, with affiliations with local and nationwide engineering service companies for the company's customers' service needs.Explore more
Fortune Electric Org Chart
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Fortune Electric is experiencing very low activity levels compared to other companies in the Manufacturing sector.
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Fortune Electric News & Media
Fortune Electric secures second phase of Stargate orders, US market share expected to rise
Fortune Electric, the first Taiwanese company to receive US Stargate project orders, is negotiating its second phase, with results due by year-end. With booming AI infrastructure, over 80% of its exports target the US, contributing to projected double-digit revenue growth for 2024.Fortune Electric secures Taiwan's first contract in US Stargate AI project, winning NT$2 billion power transformer order
Taiwan-based heavy electrical equipment maker Fortune Electric has become the first Taiwanese company to secure a contract under the US Stargate Project, a US$500 billion AI infrastructure program initiated by President Donald Trump. The company has won a NT$2 billion (approx. US$67.57 million) power transformer order for the project's first-phase development in Texas.Taiwanese power equipment supplier Fortune Electric targets over 50% export sales in 2025
Leading heavy electrical equipment maker Fortune Electric has seen 2024 revenue and profit surpass last year's levels, as its order backlog now extends to 2027-2028, according to company president I-te Hsu. The company expects exports to account for as much as 50% of its revenue in 2025, which will help boost its bottom line as exports are more profitable than sales to Taipower and other green energy products.Fortune Electric to boost hiring by 150% for domestic expansions and rising exports
Taiwan-based Fortune Electric, a dedicated supplier of heavy electrical equipment, is set to substantially increase its hiring in 2024 to meet rising demand driven by global power grid upgrades and the company's ongoing expansion plans.
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Fortune Electric is a world class manufacturer of oil filled distribution and power trasnformers up to 345 KV/500 MVA. Fortune also builds Cast Coil transformers up to 10,000 KVA/24KV, Gas Insulated Switches up to 24 KVA/161 KV, and low voltage and medium voltage switchgears and MCC. Fortune has over 30 years of experience in the power transmission... Read More
