Becoming the Client’s Most Valued Partner
Founded August, 1989, Foongtone Technology Co., Ltd. has been an affiliated company to Yuen Foong Yu Paper Inc., the largest paper manufacturer in Taiwan. Foongtone Technology is a pioneer in smart-card enterprises nation-wide, dedicated to the marketing of information cards, personalized equipments, PKI information security systems, providing personalized outsourcing services, smart-card application integration, and COS chip development. With over 20 years of experience in the field, Foongtone is the leading smart-card company in the three major areas of profession, including finance, transportation, and government projects.
Since Foongtone dedicated itself to the developments of national IC debit card operating systems in 1996, we have become the first local company in the R&D of COS chips. Foongtone has obtained the rights to distribute the products of Datacard, the largest card manufacture equipment company in the world, and assisted banks in Taiwan in establishing credit/debit card distribution systems. We share strong bonds with all of our clients, and gained a market share of over 90% in Taiwan. After the Foongtone card factory was established and we subsequently obtained plant safety certificates from VISA/MasterCard/JCB/AE/UnionPay among other internationally renowned credit card organizations, we opened a doorway of opportunities in both the market of IC credit cards and IC debit cards, obtaining a market share of over 40% in bank cards, becoming the largest professional card manufacturer in Taiwan.
Foongtone has been involved in creating a production line for dual interface IC credit cards in 2004. In terms of technology, the adaptation of the direct smoldering process allowed our products to gain a considerable amount of reliability and durability. After developing in the market for these years, Foongtone has become the primary co-brander card provider for Taipei Fubon Bank, CTBC Bank, Cathay United Bank, First Bank, Mega Bank, E.Sun Bank, Bank SinoPac, Taiwan Cooperative Bank, Chang Hwa Commercial Bank, and Taiwan Business Bank. We have also been developing the oversea market for dual interface IC credit cards, and reached a sales of 20,000,000 pieces, becoming the primary dual interface IC credit card provider in the world.
Since the passing of the Electronic Commerce Act, EasyCard Corporation has become the largest Electronic Payment operation company in Taiwan, opening the business opportunities for interbank micropayment transaction systems, also hold the largest shares in the market of card distribution in. Foongtone has obtained the annual contract as the card provider of its EasyCards 2011, and has been certified as the provider for EasyCard EasyCard II, iCash EasyCard, customized cards, etc., and also is the primary stored-value card provider for Uni-President Group, Far Eastern Group, Kaohsiung Rapid Transit, Taiwan Smart Card Corporation and various circulation/transportation enterprises.
Foongtone obtained the plant safety certificate from SONY Felica in 2009, became its global business partner for card manufacturing, and has been actively participating in foreign transit card tenders to expand our oversea markets.
In the area of government projects, the 1997 IC Card Pilot Project for NHI Penghu was the first to be undertaken by Foongtone. Within a short timeframe of two months, the complete renewal of 100,000 health cards received critical acclaim, and laid down the foundation for the implementation of NHI IC Card in 2000. Participated in the first stage of NHI IC Card distribution to develop and implement centralized card distribution system and SAM card manufacturing and distribution system in 2000; became the card provider for MOICA IC cards in Taiwan in 2003; obtained the contract for military personnel identification card renewal and security system implementation from the Ministry of National Defense and Air Force, and became the primary provider for military identification cards in 2007; and most importantly, Foongtone obtained the NHI IC card manufacturing commission service contract in 2008, becoming the operation corporation for NHI IC card manufacturing and NHI distribution centers, charged with on-site renewal and issuance of health cards to the public, and our service was widely applauded. Since then, Foongtone has become the largest and most professional service and product provider of smart IC cards for government projects in Taiwan.
The smart card business puts emphasis on information security. Only by providing a highly secured environment, fulfilling the need of the clients with quality products, delivering these products on time, and supporting the clients with the most professional service can we receive the highest commendation from the clients, adding to our value and contribution to in their eyes. Therefore, “security”, “quality”, “deliver on time”, and “professional service” are the four major guiding principles to Foongtone’s success, and through these four operational principles, we can become the client’s most valued business partner, and obtain the means for sustained business from the relationship we establish with our clients.