- Business
- Universal Scientific Industrial (Shanghai) Co., Ltd. (601231.SS), a subsidiary of ASE Technology Holding Co., Ltd., operates as a global leader in electronic design, manufacturing services and system-in-package (SiP) technology, providing D(MS)² solutions encompassing design, manufacturing, miniaturization, industrial software and hardware solutions, as well as material procurement, logistics and maintenance services to brand owners across wireless communication, cloud and storage, consumer electronics, industrial, medical and automotive sectors; core products include Wi-Fi and UWB modules, ODM/JDM/EMS servers, storage and SSD solutions, point-of-sale devices, smart handheld products, wearable solutions such as optical heart rate modules, true wireless stereo earbuds and hybrid watches, automotive components encompassing powertrain systems, power modules, exterior LED lighting, vehicle body electronics, driving safety systems and chassis parts, printed circuit board assemblies for displays, integrated WLAN/WWAN solutions for human input devices, smart home appliances and drones, diagnostic equipment, and enterprise Wi-Fi access points, gateways, controllers and switches. Founded in 2003 and headquartered in Shanghai, China, the company maintains 30 production and service sites spanning Asia, Europe, the Americas and Africa, including facilities in Mainland China, Taiwan, Mexico, Poland, Vietnam, Germany, Hungary and the Czech Republic, serving diverse end-markets with a workforce exceeding 23,000 employees and generating 2023 revenue of CNY 60.8 billion. In recent developments, USI completed the acquisition of Hirschmann Car Communication in October 2023 to bolster its automotive electronics capabilities, expanded its Shanghai Zhangjiang lights-out factory with a 2.5-fold increase in robotic arms to advance Industry 4.0 smart manufacturing integrating AI, automated guided vehicles and remote data systems, established a Digital Transformation Center for global operations optimization, and opened new plants in Poland while advancing a second facility in Mexico slated for mid-2024 operations amid ongoing globalization and supply chain localization efforts.