TECO must focus on its high margin, high potential motors business to maximise future growth. A change of direction demands a change of leadership.
Our plan for change
We propose five steps to build a new TECO for the future
- 1Strengthen corporate governance and improve the company's leadership
- 2Focus on core businesses and eliminate TECO's production capabilities to maximise shareholder value
- 3Improve the company's operational performance with a focus on sustainable management
- 4Enhance the public interest in shareholder value and embrace our responsibility towards environmental sustainability
- 5Highlight corporate value and build strong relationships with global investors
45% of the world's electricity is converted into motion by electric motors
Our physical world depends on motors and drives
TECO is the #1 in a $59bn market
~$4bn
INFRASTUCTURE
~$33bn
industry
~$7bn
power generation
~$15bn
TRANSPORT
Prioritise motors
TECO should prioritize its motor division, a high-margin sector with significant growth potential. Industries consume 40% of all electricity, with electric motors using 70% of this energy. Efficiency improvements in motors offer substantial energy-saving opportunities across all industrial sectors.
Prioritise drones
The drone market, growing rapidly, was valued at $11 billion in 2023 and is projected to hit $55 billion by 2030. TECO should be poised to lead Taiwan's commercial drone industry, capitalizing on this significant growth trajectory.