Tong Hsing Electronic Industries Limited is a world leader that has been specialized in providing micro module foundry services since 1975. Tong Hsing has held to the principle of providing the best solutions for the company and its customers, devoting their energies to becoming the best business partner of their customers by offering substantial benefits in the form of competitive pricing, timely delivery and quality products. Their strategic plan is to provide state-of-the-art microelectronic packaging technology to various industries manufacturing wireless communications, sensors, fiber optics, LED, automotive electronics, computer peripherals, medical and network equipment.
Tong Hsing's headquarter office was located in Taipei, Taiwan
Tong Hsing is committed to its business philosophy of constantly building long term WIN/WIN relationships. They will continue to accomplish this by investing in R&D, adding manufacturing facilities, improving quality, reducing cycle time and lowering costs to provide our customers with the best service possible.
Management is prudently optimistic about Tong Hsing's business prospects due to its historically strong leadership in the MEMS sector. Currently, the company expects improved growth in 2010as applications in consumer electronics and wireless communications continue to be less affected by downturns, with stable demand.
With many wireless applications increasing need for power, Tong Hsing Electric has the enviable position of being in the top three of PA module providers worldwide. With WiMAX and wireless communications showing strong shipment and revenue growth throughout 2008, especially in the RF as well as PA sector, Tong Hsing will see increased orders from key clients such as Anadigics (ANAD US) and Skyworks (SWKS US), among others.
With a reputation as a quality provider of PA, MEMS and other key components, Tong Hsing is unlikely to face much competition domestically as it has carved out an established base of global clients, and has long-term relationships with partners.
Tong Hsing has entered into the DMD market and currently is the world's leading supplier of DMD carriers. Increasingly, DMD carriers are contributing to Tong Hsing's sales and now account for more than 50% thereof.
Tong Hsing has announced a new share offering project of 7.5 mn shares at NT$60 to purchase production equipment and to expand its overseas investments.
The company's management believes that the demand for MEMS, PA and DLP will remain strong, especially for the WiMAX sector. Meanwhile, the company's sales growth will continue to increase and should reach 50% in 2008 from 62% growth in 2007. We project that Tong Hsing should deliver an EPS of NT$6.2 in 2008 and a 30% growth in its bottom line in 2009. With many competitive edges on its product lines, we believe the company's long-term outlook is promising, even in the face of the global economic downturn.
Tong Hsing uses their patented technology to develop sophisticated thin film and direct plated copper metallized substrates
To be your Preferred Manufacturing Partner. Tong Hsing will provide their Best Quality, Delivery and Service to Accomplish your 100% Satisfaction. ![]()
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Tong Hsing obtained different certifications to prove their abilities are supervised under rigorous standards.
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