CSBC Corporation, Taiwan


CSBC Corporation, Taiwan

CSBC Corporation, Taiwan (Chinese: 台灣國際造船, Hanyu Pinyin: Táiwān Guójì Zàochuán, literally "Taiwan International Shipbuilding"), CSBC for short, formerly known as China Shipbuilding Corporation (中國造船 Zhōngguó Zàochuán) is a state-owned enterprise of the Republic of China. With its headquarters in Kaohsiung and shipyards in Kaohsiung and Keelung, it produces ships for civilian and military use.

History

Today's CSBC Corporation, Taiwan is a result of the merger of Taiwan Shipbuilding Corporation and China Shipbuilding Corporation. Taiwan Shipbuilding was founded in 1937 when Mitsubishi Heavy Industries Corporation founded the Taiwan Dockyard Corporation. Following Japan's defeat in World War II, the Republic of China authorities established Taiwan Machinery and Shipbuilding Company by merging the existing Taiwan Dockyard Corporation with Taiwan Steel Works and Tōkō Kōgyō Corporation. Two years later, in 1948, the company split into two state-owned companies called Taiwan Machinery Corporation and Taiwan Shipbuilding Corporation (TSBC).[citation needed]

China Shipbuilding Corp (CSBC) was founded in 1973 and was reverted to a government-owned company in 1977. CSBC and TSBC merged in 1978 to form the China Shipbuilding Corporation, as it was known until 2007.[citation needed]

On February 9, 2007, the board approved the name change to CSBC Corporation, Taiwan, with immediate effect, with a ceremony to take place on February 12 to commemorate the name change[1]. Critics argued that the name change was another case of President Chen's desinicization act, while proponents argued that the name change would help to avoid potential confusion for foreigners and would make the firms more competitive, as they would be more easily identifiable with Taiwan.[2]

References

External links



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