Automation is the major growth driver
​Established in 2001, Min Aik Precision (MAP) began producing metal precision press components, and later penetrated into automation equipment design and plastic injection for medical devices. The company’s major growth driver going forward will be its automation equipment business, which has penetrated into the assembly supply chain of a major US-based client. MAP guides for sales growth of 20% from this segment this year, which can help improve overall margin on better product mix. On the other hand, the company’s metal precision press business is striving for flat growth YoY under weak HDD demand and more cautious pull-in of fingerprint module clients.
Min Aik Precision Industrial Co., Ltd is a Taiwan-based company principally engaged in the manufacture and distribution of electrical components. The Company's products include hard disk drive (HDD) components, other electronic stamping components, plastic components and automated machines, among others. The HDD components include disk clamps, balance weights, covers and others. The other electronic stamping components include heat sinks, heat spreaders, bracket assemblies and stiffeners. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia, the Americas and Europe.
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