Formosa Group is a privately owned company based in the US. Operating as a subsidiary of Streamland Media, it was founded in 2013 and employs approximately 490 individuals. The company reported $61.3M in revenue as of 2023. Functioning primarily in media managed services, Formosa Group specializes as a post-production sound company, providing sound supervision and design, sound and music editorial, re-recording mixing, integration, and music services for film, broadcast, games, and other platforms.
Formosa Group Chairman Sandy Wang emphasized a long-term research partnership with KAIST on February 22, describing the establishment of the KAIST-Formosa Biomedical Research Center as a foundational step in a rare cross-border collaboration between Taiwanese industry and South Korean academia. Earlier on the same day, Wang visited Korea to receive an honorary doctorate at KAIST. During her visit, she highlighted that her "good friend," acknowledging the link between disease and poverty, joined hands with KAIST for research into rare and intractable diseases. Wang also reflected on her father, referring to him as the "God of Management," and his deep understanding of societal needs, which stemmed from his personal struggles for survival. This follows Formosa Group's investment of 18 billion Won in KAIST research, announced on February 20, which aims to facilitate collaboration with Chang Gung Memorial Hospital and bridge a medical research gap.
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Formosa Group offers products in the media tech industry. Formosa Group's product portfolio comprises of media managed services.
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Formosa Group's revenues were less than $100M in 2023. All the revenue comes from post production services.
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Formosa Group's customers primarily consist of computer Games and entertainment Providers companies. Examples of Formosa Group's customers include Sumo Digital, Sony Group and Riot Games.
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