Far Eastern Textile
Encyclopedia
Far Eastern New Century formerly known as Far Eastern Textile Limited (FETL; Chinese: 遠東紡織股份有限公司), is a Taiwan
ese conglomerate
. Its main activity is the production and finishing of synthetic fibres and other textiles. It has factories in China, Taiwan and Southeast Asia.
In 2007 it was listed in the Forbes Global 2000
largest companies in the world, at #1560.
Taiwan
Taiwan , also known, especially in the past, as Formosa , is the largest island of the same-named island group of East Asia in the western Pacific Ocean and located off the southeastern coast of mainland China. The island forms over 99% of the current territory of the Republic of China following...
ese conglomerate
Conglomerate (company)
A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...
. Its main activity is the production and finishing of synthetic fibres and other textiles. It has factories in China, Taiwan and Southeast Asia.
In 2007 it was listed in the Forbes Global 2000
Forbes Global 2000
The Forbes Global 2000 is an annual ranking of the top 2000 public companies in the world by Forbes magazine. The ranking is based on a mix of four metrics: sales, profit, assets and market value...
largest companies in the world, at #1560.