Introduction of TAC

In conjunction with the establishment of the Aero Industry Development Center (AIDC, later renamed as the Aerospace Industrial Development Corporation) in 1991 for full scale production of the Indigenous Defense Fighter (IDF), the Taiwan Aerospace Corporation (TAC) was inaugurated in September of the year and, in addition to its undertakings in making and assembling components for the IDFs, it was actively seeking cooperation with foreign aircraft manufactures to pave the way for local aerospace industries.

In 2006, due to the end of the IDF production and a recession in the international aerospace sector, the TAC decided to transform itself as a holding company, focusing on managing its investment targets and performing investment evaluation for aerospace industries. TAC's major shareholders include the National Development Fund (holding 49% of shares), financial institutions (35%), and other private enterprises (16%). Its investments cover aerospace and satellite industries.

TAC's major businesses are centered on exploring and investing in manufactures that produce key components, modules, and subsystems for satellites, as well as providers that offer system integration, application, and service in the same domain, with a potential to acquire flight heritage.

Our vision is to integrate technical resources in official and scientific research institutions as well as legal entities with financial resources of investment companies, aiming at boosting strategic cooperation of technology, business, management, and finance through investments, providing consulting and investment services for targeted companies to reach their goals in commercial market positioning, and cultivating targeted leading companies that are spearheading the development of aerospace and satellite industries.