Corporate Strategy
Yau Young Secures No. 1 Position in Automotive Key-set Lock Aftermarket
Tony Chiu, president of the ISO 9001:2015-approved Yau Young Auto Parts Ind. Co., Ltd. is an entrepreneur pursues excellence. His insistence on product quality and constant development in the past three decades have been contributing non- stop revenue growth and business expansion all the way through, making his company a paradigm in Taiwan's auto-parts industry.
Supplying over 3,000 key set locks (for ignition switches, doors, trunk and fuel lids), as well as other related items such as ignition switches for forklift etc., for applications covering almost all major car, truck and bus makes and models, including Japanese, European, American, Korean etc. The item number will be much more bigger if also count the repair kits (several thousands). Already a world- class supplier in global aftermarket, Yau Young constantly invests in developing 30 to 50 sets of lock sets annually to consolidate its leading position. In most cases, the lock maker will choose a targeted automobile model launched for about five years.
Supplying over 3,000 key set locks (for ignition switches, doors, trunk and fuel lids), as well as other related items such as ignition switches for forklift etc., for applications covering almost all major car, truck and bus makes and models, including Japanese, European, American, Korean etc. The item number will be much more bigger if also count the repair kits (several thousands). Already a world- class supplier in global aftermarket, Yau Young constantly invests in developing 30 to 50 sets of lock sets annually to consolidate its leading position. In most cases, the lock maker will choose a targeted automobile model launched for about five years.
According to Chiu, in conjunction with non-stop product development and business expansion and in all the past about 30 years, Yau Young currently is the world's most-comprehensive supplier of aftermarket (AM) automotive lock sets, and the company also supplies products to some global vehicle assemblers on original equipment (OE)-basis.
About 50% of Yau Young's quality products are globally marketed under the "Yau Young" own-brand, while the rest delivered to customers under no-brand requirement. Chiu claims that in many industrially advanced markets, the "Yau Young" logo has been a synonym of quality, reliability and trustworthiness.
About 50% of Yau Young's quality products are globally marketed under the "Yau Young" own-brand, while the rest delivered to customers under no-brand requirement. Chiu claims that in many industrially advanced markets, the "Yau Young" logo has been a synonym of quality, reliability and trustworthiness.
A key factor leading to Yau Young's long-lasting success (never suffered any YoY revenue decrease since company establishment in 1987), Chiu says, is the company's highest product quality level achieved by in-house precision-tooling development, strictly following all requirements from the ISO 9001 quality system, most stringent quality-control (QC) system (100% checking each item produced, and random checking items during different production processes), and, maybe the most important—the deeply rooted quality-first concept in every employee's mind.
In addition, Chiu stresses, all of Yau Yong's products are 100% Made-in-Taiwan, including every tiny part or accessory.
In the pursuit of excellence, Chiu says his company has bought a land and is preparing to set up its second production factory in Taiwan. The new facility, scheduled to kick off operation in 2019, will be installed with tooling-development workshops and a range of most advanced manufacturing equipment.
In addition, Chiu stresses, all of Yau Yong's products are 100% Made-in-Taiwan, including every tiny part or accessory.
In the pursuit of excellence, Chiu says his company has bought a land and is preparing to set up its second production factory in Taiwan. The new facility, scheduled to kick off operation in 2019, will be installed with tooling-development workshops and a range of most advanced manufacturing equipment.