
World Class Supplier of Semiconductor Silicon Wafer
Company Name
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Wafer Works Corp.
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Establishment Date
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July 1997
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IPO Date
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May 2002
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Chairman
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Pat Chiao
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Number of Employees
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1,114
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Paid-in Capital
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NT$ 5,108,984,360
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Products
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Silicon Rods, Polished Silicon Wafers, Epitaxial Wafers
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Certifications
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ISO 9001、IATF 16949、ISO 50001 、ISO 14001、ISO 45001
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Headquarter
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No. 100, Longyuan 1st Rd., Longtan Science Park, Taoyuan, 325002
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Global Distribution
Operational Risk Management
Information And Communication Security Risk Management
Ethical Management
Operational Organization
WAFER WORKS is an OTC company with BoD as the highest management unit. Every director has a minimum of 30 years experiences in business, legal affair, finance, accounting or other work experience required by the company's business with fields covering semiconductor, optoelectronics, venture capital investment and other industries. They have rich knowledge and experience, personal insight and business sense and offer many recommendations toward business strategy and direction of development of the company. The current board of directors consists of nine male directors, three of whom are independent directors, with an average age of over 60 years and a directorship of three years.
- Supervision: Supervise the law compliance, transparent financial status, instant key information revealing, no internal corruption. To fully realize the duty of supervision, the Salary and Payment Committee and internal audit units are established under the BoD.
- Evaluate the performance of the management team and appoint and managers:The Board of Directors meets at least once a quarter and held five meetings in 2020, with an average attendance rate of 97.78%, to hear reports from the management team and to evaluate and review the corporate strategies proposed by the management.
- Important matters of resolution: Except for the matters that should be decided by the shareholders' meeting in accordance with the law or the company's articles of association, the implementation of the company's business shall be handled in accordance with the resolutions of the board of directors.


Financial Performance
Corporate Social Responsibility
1. To Implement corporate governance, enhance information transparency, adhere to the rule of law, attach importance to ethics, and protect the rights and interests of stakeholders.
2. To prohibit the employment of child labor, forced labor and conflict minerals, creating win-win partnership with suppliers.
3. To make efforts on environmental protection and energy conservation, comply with environmental law, working safety regulations and energy policies, and create a safe and comfortable working environment.
4.To Continuously pay extra care to employees and social concerns, uphold respect for colleagues, love sharing and giving back to society, and fulfill civil responsibility.
Employee
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Goal
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Short-term
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Wafer Works regards employees as valuable and important assets of the Company and strengthens diversified development training of employees’ functions as the basis for cultivating semiconductor talents. |
Mid-term
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Ensure the rights and interests of labors, ensure the safety of employees at work, and promote the life balance of employees’ health, work and leisure. Retain outstanding talents through employee welfare measures. |
Long-term
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Promote employees to participate in activities contributing society as volunteers, improve the quality of labor force and fulfill corporate social responsibility. |
Social Group
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Goal
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Short-term
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Organize public welfare activities, join the community to clean the environment, participate in community activities, and take practical actions to care for the neighborhood and give back to the society. |
Mid-term
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Donate/assist charities and participate in community activities to help disadvantaged groups give back to the society and; Join the community environmental cleaning activities, and care for the community and the environment. |
Long-term.
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Continue to give back to the society, and hope to drive employees to take the initiative to join the ranks of giving back to the society and caring for the environment and the earth through continuous feedback actions |
Key Issues
Major Theme Management Policy
Importance to Operations, policies, commitments, goals, management and evaluation mechanisms
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Major themes
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Policies
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Commitments
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Medium and long-term goals
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Units of authority and responsibility
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How we manage
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Evaluation Mechanism
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Corresponding Sections
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Technology Development
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Technology level:
Implement the technology development blueprint. Depending on market needs and technology reserves. Dynamic product development route
Talent level:
Select and nurture talents to extend ahead
Respecting professionalism by employing and retaining talents
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For employees:
Emphasize respect for professional expertise
Assist in long-term career planning
For investors:
Securing core technology areas
Development of future emerging technologies
For industry and society:
Healthy technology competition in industry
Participate in the training of talents in higher education institutions
For the environment:
Reducing emissions and energy consumption
Promote the development of green energy industry
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Technology Development:
Core technology international leading
Innovative technology implementation industry
Talent development:
Establish a stable source of local talent
Attracting cutting-edge international talents to join
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Application Engineering Division
Wafer Technology Division
SOI Technology Division
New Product Technology Division
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Technology development is project-based. Target setting, execution planning, budget and schedule are all managed on a project basis.
Talent management focuses on long-term development, covering talent selection, project development, career planning, and retention programs.
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Project management, quarterly/yearly/plural yearly review
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1.2.4
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Product Quality
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Strictly abide by the regulations of management and operation standards, improve the execution of the quality system, implement the policy of continuous improvement, pursue the goal of optimal quality, and strive to meet the present and future needs of our customers
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Wafer Works produces crystal bars and wafers that meet the quality standards expected and required by our customers. We are very strict about the quality control of the production process and emphasize process management to ensure that we will do everything we can to improve and enhance the yield rate to achieve the goal of perfection.
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Continuous improvement and optimization. 0 deviation from the goal
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Quality Assurance Division
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In accordance with ISO/IATF 16949 quality system management requirements, we use the concept of process to monitor the performance of products, processes and systems, and encourage internal continuous improvement to improve product quality and production efficiency.
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Set annual quality goals, regular monitoring and review to achieve effective operation and continuous improvement of the quality management system
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1.2.3
1.2.5
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Innovation Management
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Continuous independent research and development. Product quality to meet customers' needs now and in the future
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Technology is rooted in Taiwan, market is global, and we are a customer-oriented supplier of peninsula base materials.
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Become the best supplier of specialized products
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Investment Relations Office
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Technical conferences
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1. technical meeting
2. product validation
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1.2.3
1.2.4
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Product Management
Product Hazardous Substance Management
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In order to ensure that our products comply with international/regional/national standards, RoHS, REACH/SVHC and customer requirements, it is necessary to avoid environmental pollution and make our products fully compliant with the requirements of non-hazardous substances and meet customer needs, so that our company can be more competitive and sustainable in business.
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Wafer Works produces crystal bars and wafers that meet the quality standards expected and required by our customers. We are very strict about the quality control of the production process and emphasize process management to ensure that we will do everything we can to improve and enhance the yield rate to achieve the goal of perfection.
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100% compliance with RoHS, REACH level customer requirements
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Sales Division
Quality Assurance Division
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In accordance with ISO/IATF 16949 quality system management requirements and QC080000 concept of hazardous substances management, suppliers are required to provide relevant supporting evidence to confirm compliance with regulations and customer requirements before material recognition, so as to have the opportunity to become a member of the environmentally friendly supply chain.
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Regular testing of materials and finished products by a third party laboratory as a basis for future improvement
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4.1
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Economic Performance
Operating Financial Performance
Indirect Economic Impact
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Continuously improve management efficiency, reduce production costs and closely coordinate production and sales to enhance our competitive advantage
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Create higher economic value to return to shareholders, investors and other stakeholders
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1. Continue to pursue profitability and growth, and strengthen financial structure
2. Continue to enhance corporate governance and maintain good relations with investors
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General Manager's Office
Finance Office
Accounting Office
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We have a comprehensive corporate governance structure with a board of directors, an audit committee, a salary committee and an audit office to effectively control the overall operation and development of the company.
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1. Annual budget review: Monthly review of the implementation status at the company's operational performance meeting on a regular basis
2. Work target review: Monthly review of the implementation status by each plant and regular performance assessment
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1.3.3
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Anti-corruption
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Anti-Corruption Statement
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To implement the policy of honest management and engage in business activities based on the principles of fairness, honesty, trustworthiness and transparency
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1. 0 Corruption Incidents
2. Continuously conduct RBA training for employees (integrity management and anti-corruption promotion), and implement it into corporate culture.
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Human Resources Division
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Establish a corporate culture of integrity and implement integrity management policies. Regulate employees to strictly comply with the principle of integrity when engaging in the above activities, and link to the annual performance appraisal mechanism
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Internal audit
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1.3
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Sustainable Development Strategy
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Honest creation, partnership, customer orientation, quality refinement, co-creation and sharing
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Wafer Works insists on technology rooted in Taiwan with global market, upholds the concept of sustainable management, actively creates value for society and fulfills its corporate social responsibility.
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Comply with international ESG standards and improve corporate governance assessment results
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Investment Relations Office
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We have a comprehensive corporate governance structure with a board of directors, an audit committee, a salary committee and an audit office to effectively control the overall operation and development of the company.
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1. Board of Directors, Internal Audit Mechanism and Internal Control
2. Corporate Governance Review
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1.3
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Customer Service
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To be a customer-oriented supplier of semiconductor materials by providing excellent quality and service
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To provide the best service to our customers in order to be a worry-free partner
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We are a customer-oriented supplier of semiconductor materials to meet our customers' goals and expectations.
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Sales Office
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Analyze customer satisfaction reports and supplier score sheets, and propose improvements
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Annual Customer Satisfaction Survey
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4.2
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Supplier Social Assessment
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Supplier Evaluation Form
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Prevent or mitigate negative social impacts caused by the supply chain
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1. Require suppliers to ensure that no forced labor, bonded labor, involuntary prison labor, slavery, etc. are used
2. The Company shall not discriminate against employees in recruitment or employment activities (e.g., promotion, compensation, etc.) on the basis of race, color, age, sex, sexual orientation, disability, pregnancy, creed, political affiliation, association membership, or marital status.
3. No child labor
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Materials Division
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Evaluate and audit the main raw material suppliers, and differentiate the supplier grade according to the evaluation results.
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Supplier audits
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4.1
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Labor/employment relationship
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Human Resources Policy
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Avoid the possibility of losses due to labor disputes
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Set up multiple communication channels to listen to employees' voices
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Human Resources Division
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1. Establishing a comprehensive communication channel and listening to employees' voices. Employees can communicate in a friendly environment without retaliation, and regular labor-management meetings are held to reach consensus through agenda discussions.
2. Understanding the needs of employees through employee opinion questionnaires
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1. Labor-management meeting
2. Employee satisfaction questionnaire
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1.3
3.2
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Occupational Safety and Health
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Environmental Safety and Health Policy
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Protecting employee health and safety
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Continuously provide a good and safe working environment
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Office of Work Safety
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Management through ISO 45001 management system and quarterly recruitment of safety and health management committee
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Management System ISO 45001
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3.1.1
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Education and Training
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1. Improve the English proficiency of all staff
2. Standardize and implement professional certification
3. Improve personnel quality efficiency
4. Strengthen the management function of supervisors
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1. Enrich human resources, provide employees with learning opportunities and appropriate job rotation, in order to achieve the right talent for the right place
2. Provide planned training for employees to meet their self-growth needs and improve technical and management performance
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1. Strengthening organizational competitiveness
2. Optimize education and training system
3. Deepen the quality awareness of personnel
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Human Resources Division
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Handling professional training courses for each department, providing multiple training channels, and combining with e-learning platform for supplementary training and learning to improve the quality of human resources
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1. Set annual education and training objectives according to the company's operational goals and training needs
2. Include learning growth in personal performance appraisal indicators
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3.2
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Customer Privacy
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Ethical Policy
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Committed to respecting and protecting the privacy and confidentiality of our customers
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Improve the information security management system and establish the company standard. Through promotion and education training, we require employees to comply with them to avoid data leakage.
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Sales Office
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Document management of customer documents as internal ISO system
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1. Practitioners are required to sign a [business secret prevention] declaration and [confidentiality agreement].
2. Company and client sign confidentiality agreement
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4.2
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Customer Health and Safety
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Wafer Works' products are not directly or indirectly related to the health and safety of our customers; Wafer Works' ultimate goal is to provide high quality products for our customers to improve their health and safety.
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Wafer Works' products are not directly or indirectly related to the health and safety of our customers; Wafer Works' ultimate goal is to provide high quality products for our customers to improve their health and safety.
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Wafer Works' products are not directly or indirectly related to the health and safety of our customers; Wafer Works' ultimate goal is to provide high quality products for our customers to improve their health and safety.
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Quality Assurance Division
Sales Office
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Provide SDS
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Regular testing of materials and finished products by a third party laboratory for future improvement
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4.1
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Socio-economic regulations follow
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Human Resources Policy
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Implement regulations to avoid illegal activities and protect the rights of employees
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Establish a management system for regular monitoring; continuously train and educate employees to comply with regulations and implement them into the corporate culture.
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Human Resources Division
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We comply with the local labor laws and regularly perform the regulatory assessment. We are up-to-date and comply with the requirements of relevant laws and regulations
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1. Regulatory compliance
2. Internal auditing
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1.3
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Talent Nurturing
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1. standardization and implementation of professional certification
2. Electronic performance appraisal
3. Performance appraisal system optimization
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Provide a complete talent development program to enhance employee motivation
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Semiconductor talent development and employee skill enhancement
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Human Resources Division
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Employee career development planning through professional and technical education and training and annual performance appraisal
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At the end of each year, employees set their personal learning plans and development goals by matching the department's development goals for the coming year.
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3.2
5
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Employee Benefits and Salaries
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Human Resources Policy
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Protect the rights and interests of employees
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Continuously offer quality compensation and benefits to attract and retain talent
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Human Resources Division
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Considering the salary level of the industry and examining the compensation and benefits, we provide a perfect welfare system
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Internal Auditing
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3.3
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Talent Recruitment and Retention
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Human Resources Policy
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Recruiting the right people to join Wafer Works to bring their strengths into play
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Apply multiple recruitment channels to attract more fresh talent to join
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Human Resources Division
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1. Employment Expo
2. R&D Alternative Service
3. RAISE plan
4. Youth Peaceful Wages Program in Taoyuan City
5. Implementation of promotion, training, rotation system, incentive system (employee bonus, bonus) for manpower restructuring
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New entry rate
Separation rate
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3.2
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Chemical Use
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Environmental Safety and Health Policy
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Reduce the use of harmful chemicals to reduce the impact on human body and the environment
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Reduce at source, recycle and reuse
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Office of Work Safety
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Through ISO45001 management system
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ISO14001management system
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3.1.1
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Water
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Comply with the water use plan commitment to enhance the economic efficiency of water use
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Average annual water savings of 1% over the next five years
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Increase water recovery, effective use of water resources
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Plant Affairs Division
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1. Daily meter reading to record water consumption and monitor water rationalization
2. RO, 15DI, 18DI monitoring for each floor consumption
3. Ultrasonic flow rate quarter to guest process equipment water comparison
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Historical unit consumption statistics to establish the base water consumption
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2.2
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Water Management
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Development to reduce environmental impact and resource consumption, pursue environmental sustainability
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Average annual water savings of 1% over the next five years
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1. Increase the recovery of water, effective use of water resources
2. Formation of water reduction
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Plant Affairs Division
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Daily metered water consumption and monitoring of water rationality
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Monthly water balance chart of Longtan production is completed and returned to the competent authorities
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2.2
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Energy
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In line with the national energy policy, we take into account the goals of corporate development and sustainable energy development
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Average annual electricity savings of 1% over the next five years
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Cooperate with government policies to achieve an average annual power saving of 1%.
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Plant Affairs Division
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1. Daily metered water consumption and monitoring of water rationality
2. Management of the action plan according to ISO 5001 energy standard
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1. Historical unit consumption statistics to establish the base power consumption
2. Comparison of data before and after energy saving
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2.4.1
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Waste water and waste
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1. Environmental Safety and Health Policy
2. Comply with the relevant laws and regulations of the competent authorities at all levels in the place of production and the operational standards set by the company
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1. Reduces environmental impact
2. 100% of the water released meets the regulatory release criteria
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1. Strengthen the source of waste reduction, waste recycling and reuse
2. 100% of the water released complies with the regulatory release standards, and there are no penalties.
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Office of Work Safety
Plant Affairs Division
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1. We manage our business through the ISO14001 management system.
2. Licensed and dedicated personnel to maintain operations
3. SCADA full time measurement ensures 100% compliance with regulations
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1. ISO14001 management system.
2. The company's environmental safety unit regularly spot checks sewage discharge values
3. LongTan Factory cooperates with the Science and Technology Bureau twice a month to take water with the synchronization of external inspection (third-party impartial units)
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2.2
2.3
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Greenhouse Gas Management
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Environmental Safety and Health Policy
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Reduced environmental impact
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Actively promote energy saving and carbon reduction wrong measures
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Office of Work Safety
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Annual ISO 14064 inventory
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ISO14064 inventory
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2.4.3
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Air Pollution Management
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1. Comply with the relevant laws and regulations of the competent authorities at all levels in the place of production and the operational standards set by the company
2. Establishing management systems and continuous improvement in pursuit of environmental sustainability
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100% compliance with regulatory emission standards
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100% compliance with regulatory emission standards, zero penalties
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Plant Affairs Division
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1. Licensed and dedicated personnel to maintain operations
2. SCADA full time measurement ensures 100% compliance with regulations
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1. Periodically review the contents of the stationary source operating permit
2. Once a year outsourced testing
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2.1
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Communication Channels
