EY - Taiwan winner

Chih-Yaung “Jimmy” Chu


Fair Friend Group

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Jimmy Chu is the Founder and Chairman of Fair Friend Enterprise Co., Ltd., which he established in 1979. After more than 30 years of diverse business development, today Fair Friend has grown into the tremendous Fair Friend Group (FFG) with 100 companies and four major business fields: machine tools, printable circuit boards, industry equipment and green energy. Jimmy has led the group to actively embrace industrial integration and advanced industry development worldwide.

In 1989, FFG sold its first machine tool and had revenues of US$30,000, making it the smallest Taiwanese machine tool company. By 2015, FFG’s consolidated revenue had reached US$2b, an astonishing growth of over 70,000 times its first-year revenue. FFG currently ranks as the world’s third-largest machine tool group, while ranking first in automotive turnkey systems and second in aerospace.