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As founder and former Chairman S. C. Lin was aware that talented people are the most important asset of a business, he wound up his individual business in 1942 and donated his own property to establish Tatung Schools-Company. The founder reserved 10% of his property for his family, and donated 10% to all the Tatung colleagues so that they were able to become employee shareholders. The remaining 80% were donated to the Hsieh-Chih Association for Industry Development, which established Tatung Senior High School and Tatung University. These two schools and Tatung Company, a leading electric and electronic company in Taiwan with annual sales of 6 billion US dollars and 36,000 employees world wide, form the Tatung Schools-Company, a unique education-industry-integration program in the world. Dr. T. S. Lin was then appointed Professor-President-Chairman of the Schools-Company.

The first clause of the organization articles of Tatung Company
states: "To carry out the program of education-industry partnership with
Tatung University and Tatung Senior High School, this company accepts
investments from the schools and the general public for its sufficient
source of capital fund and is organized and named as Tatung Company
according to the Company Law." Tatung Company offers workshops
for Tatung students to gain hands-on experience and to put theory
into practice, thus complementing each other for the attainment of
the objectives of engineering education.

In 1956 Tatung Institute of Technology was formally established
and began to offer two-year programs. The Institute was accredited as
a four-year institute of technology in 1963. To meet the needs of the
rapid economic development and the ever-increasing demands for highly
qualified professionals, the Institute began to offer master programs in 1976,
and doctorate programs in 1982. In 1999, the Institute was renamed as Tatung University.