Chunghwa Post Co., Ltd. · Taipei Taiwan
Company Description
Phone: +886-2-2392-1310
Fax: +886-2-2396-9121
View Chunghwa Post Co., Ltd. Locations On A US Map
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This link will open in a new window Chunghwa Post, also known as Taiwan Post, delivers letters, parcels, and express mail throughout Taiwan. The company's network includes about half a dozen mail processing centers, about two dozen large branches that serve as supervisory post offices, and more than 1,300 post office branches. Along with its primary postal operations, Chunghwa Post offers financial services such as deposit banking and simple life insurance. The company was formally established as a state-owned entity in 2003; however, Chunghwa Post traces its roots back to the founding of the first modern Chinese postal system, in 1896. To read the full description, subscribe now.
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Key Chunghwa Post Co., Ltd. Financials
| Company Type | Government-owned Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $385,115.0 |
| Employees | 25,556 |
Chunghwa Post Co., Ltd. Executives
18 executives listed for Chunghwa Post Co., Ltd.'s Taipei, location.
| Title | Name & Bio | Contact |
| Chairman | Oliver Fang-Lai Yu | Network |
| President | Sheue-Yun Hu | Network |
| VP Finance | Wu Min-Yu | Network |
Competition
Competitive Landscape for Chunghwa Post Co., Ltd.
Demand is driven by demographics and commercial transactions. Demand is also driven by legal or financial requirements. Consumers are usually required by states to buy auto insurance and by lenders to buy homeowners insurance, for example. The profitability of individual companies depends on effective marketing and on the ability to accurately estimate future payments. Large companies have big economies of scale in administration and in access to capital, as well as advertising and marketing. Small companies can compete successfully by specializing in particular products or industries. Average annual revenue per worker is around $400,000, so the industry is not labor-intensive. In the late 2000s recession, insurers saw revenues decline sharply when their investment portfolios lost value after the market fell. Insurance carriers rely heavily on their investment portfolios, which is where they invest premiums collected until they are needed to pay claims or benefits. In addition, deregulation of the insurance and financial services industries led to increased risk taking that hurt insurers' credit ratings. Insurance giant AIG was forced to accept $150 billion in government loans to stave off bankruptcy that was brought on by its overexposure to credit default swaps. Federal government bailouts have primarily targeted banks. Aside from AIG, insurance companies have not been as hard hit by the subprime mortgage meltdown. But some insurance companies are seeking relief from state regulators to allow them to operate with less capital. Other insurance companies are buying financial institutions to qualify for federal aid. To read the full description, subscribe now.Top Chunghwa Post Co., Ltd. Competitors
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