Economic Daily: Yuxing Technology's automation components are the best option for "Japanese replacem

2022-02-23

https://money.udn.com/money/story/5639/6117589?from=edn_search_resultlo

2022/02/23 09:54:36
經濟日報 翁永全　

UMAX-TECH昱興科技General manager

Cai Chengyu wandered in the vast pool of "automation" in the industry. Because he took an "atypical" road, the entrepreneurial process was also particularly fascinating.

Cai Chengyu founded Yuxing 20 years ago. He said with a smile, "It was after returning from a trip to the United States that the entrepreneurial dream exploded, and the company was established." It is difficult to equate his academic experience with automation. He studied fine arts in high school, went to Berklee Conservatory of Music in Boston for further study, played in a rock band in New York, and entered the entertainment industry as a professional "drummer" after returning to Taiwan. On the stage, it becomes the hand that precisely controls the rhythm of the performance, but in the end it moves towards the development stage of the automation industry.

When he was young, Cai Chengyu worked in a major international factory as the manager of semiconductor components in Taiwan. At the age of 25, he had accumulated billions of dollars in business. But the performance figures of the scenery are not equal to the income. His father died young and his family was not going well. It was not until he was 27 years old that he started his own business from scratch and earned his first "1 million" from Yuxing. The scene of the two hugging their mother and weeping with joy on New Year's Eve is still vivid in my mind.

Yuxing Technology participated in the Taipei Nangang Automation Industry Exhibition in December last year. Yuxing/provided

Yuxing Technology is an automation component production factory and agent, occupying a place in the hilly market with dual roles. Since the beginning of his business, Cai Chengyu has been committed to localizing Japanese automation components, and then expanding domestic and foreign sales with high cost performance. Thousands of products such as mold components, gears, joints, slide rails, and screws are sold under the UMAX-TECH brand of "Yuxing Technology" .

The company's product catalog and website are all designed by him with his outstanding artistic talent. Combined with the manufacturing strength of the Taiwan factory, he has practiced the current fashionable industry alliance and upstream and downstream integration 20 years ago. Yuxing Technology has also become the factory owner. And purchasing favorites, the best option for "Japanese Alternatives". Yuxing advocates the strategy of promoting customers to use Taiwan's domestically produced automation products, and Japan's Mizumi is the biggest competitor in the local automation parts market.

UMAX-TECH 昱興科技 is the Taiwan agent of South Korea SAMICK 三益精工 Sanyi Seiko, supplying low/high load servo electric cylinders,
Cylinder micro wafer transfer nozzle, short stroke polygonal guide column assembly, miniature square suction nozzle assembly. UMAX-TECH 昱興科技/provided

Agent Korea SAMICK三益精工 The electric cylinder is UMAX-TECH 昱興科技 Turning point in career development. Electric cylinder is the most core high-end component of equipment automation. It is an advanced product of linear bearing. It can be controlled by computer, record and control the whole process, and its precision and thrust are better than oil cylinders and air cylinders. It is widely used in industrial equipment, and SAMICK三益精工 has been the leader in the industry for a long time.

Cai Chengyu said that SAMICK三益精工 has become a world-class factory and a giant in South Korea's automation industry in 70 years, but due to national competition considerations and nationalism factors, as well as OEM contracts with well-known Japanese manufacturers, many products cannot be exported "outside the country." , can only be sold to Korean companies. For a long time, Samsung has been the main customer, and Samsung also provided key support for the whole plant equipment when building factories around the world, achieving the hegemony of the Samsung empire. Yuxing seized the opportunity to negotiate with the general manager of South Korea's Samick Asia region, and formed a strategic alliance to become a brother-in-arms. In 2014, it became the agent of SAMICK in Taiwan.

SAMICK high-precision series products. Yuxing/provided

exist SAMICK Among many products, UMAX-TECH 昱興科技 only acts as an agent for electric cylinders, suction nozzles, precision series of mold guide pillars and linear bearings, but it has seized an important seat for SAMICK in the originally blank Taiwan market. Cai Chengyu's flexible figure and wrist have also become an important promoter of cultural exchanges and industrial cooperation between Taiwan and South Korea.

UMAX-TECH 昱興科技 established UMAX-TECH 昱興科技 Biotechnology during the epidemic. In order to win global orders and expand product lines, Yuxing also set up offices in the United States and Vietnam. The revenue reached a record high, breaking through the 100 million yuan mark last year. Cai Chengyu is not satisfied with the current situation, and continues to chart a new path for Yuxing, moving towards the goal of tens of billions in revenue.