EXCELLENCE OPTOELECTRONICS INC. | APEA - Asia Pacific Enterprise Awards Asia Pacific Enterprise Awards
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CORPORATE EXCELLENCE CATEGORY

EXCELLENCE OPTOELECTRONICS INC.

Information about the Company
Founded in 1995, Excellence Optoelectronics Inc. (EOI) is based in Hsinchu Science Park, Taiwan. This high-tech company specializes in ODM (Original Design Manufacturing) and OEM (Original Equipment Manufacturing) services for the automotive lighting industry.

As a Tier-2 and Tier-3 supplier, EOI leverages its seven core competencies in optics, mechanics, electronics, thermal management, software, firmware design, and testing to deliver high-performance LED components and modules. These capabilities enable EOI to provide advanced, comprehensive technical solutions that meet or exceed customer expectations.

To date, EOI has partnered with over 45 leading automotive manufacturers worldwide. From 2019 to 2023, EOI's products were featured in approximately 1 out of every 6 to 10 new cars produced in the United States. EOI is recognized for its excellence in corporate governance, ranking in the top 10% among firms with a market capitalization between NTD 50 billion and NTD 100 billion. The company is also in the top 20% of companies listed on the Taiwan Stock Exchange and has reported a 34.19% increase in revenue from January to July 2024 compared to the same period in 2023.

Guided by its commitment to ESG (Environmental, Social, and Governance) principles, EOI aspires to be a global leader in innovative automotive lighting solutions while promoting sustainability and overall well-being. Since its inception, EOI has been dedicated to "energy-saving and environmentally friendly lighting," focusing on expanding energy-saving markets in Taiwan and North America.

EOI's vision is to become a global leader in innovative automotive lighting and a sustainable, people-centric company. Its mission is to develop cutting-edge technologies and products that enhance green energy solutions and improve the quality of life. EOI aims to achieve an annual revenue growth of over 30%, expand its U.S. market share to 20%, and position itself among the top five global suppliers of automotive LED modules.

Corporate Culture & Company Activities
EOI is dedicated to enhancing human life through innovation and is strongly committed to ESG principles. The company embraces corporate social responsibility (CSR) and prioritizes employee welfare, fostering a culture built on honesty, accountability, gratitude, respect, social welfare, customer-centricity, and teamwork.

EOI's key initiatives include a distinctive KPI system, the Pre-Expert Program for talent development, Supervisor-led Study Clubs, team-building activities, and the Care and Career Development Project specifically designed to support women in the workplace. EOI also undertakes a range of impactful CSR projects.

EOI actively contributes to social welfare, focusing on creating shared value and promoting inclusive prosperity. It supports underprivileged communities, assists local farmers, and drives both social and economic development. Key efforts include providing scholarships for disadvantaged students and organizing diverse social welfare and cultural activities.

In Hsinchu Science Park, EOI has established a platform for cross-industry collaboration and public welfare initiatives, including hosting the First Cross-Enterprise ESG Seminar. The company also conducts ESG supplier conferences to advance the Joint Declaration for a 10% carbon reduction by 2025 as well as supports National Economic Forums through collaborative efforts with government, business, and academia.

To further its commitment to community engagement, EOI organizes monthly service activities to support local initiatives. Since 2015, EOI has invested over USD 400,000 in charitable activities, positively impacting more than 3,000 individuals.

Achievements & Impact
As the global economy gradually recovers from the pandemic, EOI has leveraged the trust of its long-term customers to secure an unprecedented number of future orders. The company’s strengths in R&D and process innovation have driven impressive revenue growth rates, achieving 13.07% in 2023 and 34.19% from January to July in 2024.

EOI’s global presence is underscored by its subsidiaries in key markets, including Taiwan, China, California, Michigan, Stuttgart, Madrid and Spain. Over the next few years, EOI is committed to expanding its global footprint and optimizing its supply chain to enhance customer collaboration and achieve its ESG and carbon reduction goals.

EOI’s strategy for sustainable growth revolves around continuous innovation, cutting-edge technology, and exceptional customer service, aiming to position itself as the most valuable supplier to its key accounts. With a growing workforce of approximately 1,380 employees, EOI is also focusing on leveraging automation and AI technology to achieve lean and robust manufacturing. Talent development remains a priority, particularly in cultivating experts who are passionate about innovation.

Future Direction
Looking ahead, EOI plans to invest heavily in green technologies to achieve net-zero carbon emissions and fulfill its ESG commitments. The company is also spearheading carbon reduction initiatives across its supply chain. In recognition of its sustainability efforts, EOI has received accolades from the Taiwanese government. With strategic planning and steadfast commitment, EOI aims to reduce its carbon footprint by 10% by 2025.

EOI is also committed to advancing its innovation in automotive LED lighting, energy-efficient products, and next-generation displays. To further enhance its sustainability efforts and better serve key customers, the company plans to establish a new factory in Mexico, reducing transportation resources and carbon emissions. With this strategic expansion, EOI aims to increase its market share. Its continuous development of innovative technologies for diversified vehicle lighting is expected to capture over 20% of the U.S. market for LED modules.

EOI is also set to expand its product portfolio with more cost-effective LED road lighting, signal lights, and other green energy solutions, reinforcing its position as a key player in smart city infrastructure and one of North America's leading suppliers.

As the company looks to the future, the it anticipates achieving annual growth exceeding 30% in revenue, profit, and market share within the global automotive markets. This growth will be driven by cutting-edge technology, strategic market expansion, and a deep commitment to sustainability, positioning EOI as a leader in the automotive and green energy sectors.

EOI remains committed to taking impactful actions to achieve its ESG goals and actively promotes ESG practices among high-technological enterprises in Hsinchu Science Park and its global supply chains.

CORPORATE EXCELLENCE CATEGORY

EXCELLENCE OPTOELECTRONICS INC.

Information about the Company
Founded in 1995, Excellence Optoelectronics Inc. (EOI) is based in Hsinchu Science Park, Taiwan. This high-tech company specializes in ODM (Original Design Manufacturing) and OEM (Original Equipment Manufacturing) services for the automotive lighting industry.

As a Tier-2 and Tier-3 supplier, EOI leverages its seven core competencies in optics, mechanics, electronics, thermal management, software, firmware design, and testing to deliver high-performance LED components and modules. These capabilities enable EOI to provide advanced, comprehensive technical solutions that meet or exceed customer expectations.

To date, EOI has partnered with over 45 leading automotive manufacturers worldwide. From 2019 to 2023, EOI's products were featured in approximately 1 out of every 6 to 10 new cars produced in the United States. EOI is recognized for its excellence in corporate governance, ranking in the top 10% among firms with a market capitalization between NTD 50 billion and NTD 100 billion. The company is also in the top 20% of companies listed on the Taiwan Stock Exchange and has reported a 34.19% increase in revenue from January to July 2024 compared to the same period in 2023.

Guided by its commitment to ESG (Environmental, Social, and Governance) principles, EOI aspires to be a global leader in innovative automotive lighting solutions while promoting sustainability and overall well-being. Since its inception, EOI has been dedicated to "energy-saving and environmentally friendly lighting," focusing on expanding energy-saving markets in Taiwan and North America.

EOI's vision is to become a global leader in innovative automotive lighting and a sustainable, people-centric company. Its mission is to develop cutting-edge technologies and products that enhance green energy solutions and improve the quality of life. EOI aims to achieve an annual revenue growth of over 30%, expand its U.S. market share to 20%, and position itself among the top five global suppliers of automotive LED modules.

Corporate Culture & Company Activities
EOI is dedicated to enhancing human life through innovation and is strongly committed to ESG principles. The company embraces corporate social responsibility (CSR) and prioritizes employee welfare, fostering a culture built on honesty, accountability, gratitude, respect, social welfare, customer-centricity, and teamwork.

EOI's key initiatives include a distinctive KPI system, the Pre-Expert Program for talent development, Supervisor-led Study Clubs, team-building activities, and the Care and Career Development Project specifically designed to support women in the workplace. EOI also undertakes a range of impactful CSR projects.

EOI actively contributes to social welfare, focusing on creating shared value and promoting inclusive prosperity. It supports underprivileged communities, assists local farmers, and drives both social and economic development. Key efforts include providing scholarships for disadvantaged students and organizing diverse social welfare and cultural activities.

In Hsinchu Science Park, EOI has established a platform for cross-industry collaboration and public welfare initiatives, including hosting the First Cross-Enterprise ESG Seminar. The company also conducts ESG supplier conferences to advance the Joint Declaration for a 10% carbon reduction by 2025 as well as supports National Economic Forums through collaborative efforts with government, business, and academia.

To further its commitment to community engagement, EOI organizes monthly service activities to support local initiatives. Since 2015, EOI has invested over USD 400,000 in charitable activities, positively impacting more than 3,000 individuals.
Achievements & Impact
As the global economy gradually recovers from the pandemic, EOI has leveraged the trust of its long-term customers to secure an unprecedented number of future orders. The company’s strengths in R&D and process innovation have driven impressive revenue growth rates, achieving 13.07% in 2023 and 34.19% from January to July in 2024.

EOI’s global presence is underscored by its subsidiaries in key markets, including Taiwan, China, California, Michigan, Stuttgart, Madrid and Spain. Over the next few years, EOI is committed to expanding its global footprint and optimizing its supply chain to enhance customer collaboration and achieve its ESG and carbon reduction goals.

EOI’s strategy for sustainable growth revolves around continuous innovation, cutting-edge technology, and exceptional customer service, aiming to position itself as the most valuable supplier to its key accounts. With a growing workforce of approximately 1,380 employees, EOI is also focusing on leveraging automation and AI technology to achieve lean and robust manufacturing. Talent development remains a priority, particularly in cultivating experts who are passionate about innovation.

Future Direction
Looking ahead, EOI plans to invest heavily in green technologies to achieve net-zero carbon emissions and fulfill its ESG commitments. The company is also spearheading carbon reduction initiatives across its supply chain. In recognition of its sustainability efforts, EOI has received accolades from the Taiwanese government. With strategic planning and steadfast commitment, EOI aims to reduce its carbon footprint by 10% by 2025.

EOI is also committed to advancing its innovation in automotive LED lighting, energy-efficient products, and next-generation displays. To further enhance its sustainability efforts and better serve key customers, the company plans to establish a new factory in Mexico, reducing transportation resources and carbon emissions. With this strategic expansion, EOI aims to increase its market share. Its continuous development of innovative technologies for diversified vehicle lighting is expected to capture over 20% of the U.S. market for LED modules.

EOI is also set to expand its product portfolio with more cost-effective LED road lighting, signal lights, and other green energy solutions, reinforcing its position as a key player in smart city infrastructure and one of North America's leading suppliers.

As the company looks to the future, the it anticipates achieving annual growth exceeding 30% in revenue, profit, and market share within the global automotive markets. This growth will be driven by cutting-edge technology, strategic market expansion, and a deep commitment to sustainability, positioning EOI as a leader in the automotive and green energy sectors.

EOI remains committed to taking impactful actions to achieve its ESG goals and actively promotes ESG practices among high-technological enterprises in Hsinchu Science Park and its global supply chains.