- CEO
- Yung Ming Chang
- Full Time Employees
- 168
- Sector
- Electronic technology
- Industry
- Computer peripherals
- Address
- No. 30 Industry East Road IX Hsinchu Taiwan 300096
- IPO Date
- May 14, 2001
- Business
- XAC Automation Corporation (Taiwan OTC: 5490) engages in the research, development, production, manufacture and sale of electronic fund transaction terminals, components and commerce-enabling solutions worldwide; its core products and services include ECR POS and customer-facing devices with secure Android platforms for electronic funds transfers, handheld and desktop payment terminals for line-busting, curbside and pay-at-the-table applications, unattended outdoor payment solutions for vending, ticketing, gas stations and parking meters that are P2PE compliant, mPOS printers and payment hubs as all-in-one countertop terminals, multi-function smart cards, card readers and writers, PIN pads, NFC/RFID readers, cloudPOS and mPOS devices, desktop and mobile POS terminals, multilane peripherals for gaming machines, cashless ATMs and kiosks, XAC cloud device management systems, terminal management system 2.0, remote key injection solutions, remote diagnostics and payment applications; the company operates in the payment systems and transaction automation industry, targeting payment service providers, system integrators, independent software vendors, merchants and partners across the Americas, Europe, Japan, EMEA and APAC regions; founded in 1993 and headquartered at 4F, No. 30 Industry E. Road IX, Hsinchu Science-Based Industrial Park, Hsinchu City, Taiwan, it maintains subsidiaries including ZAKUS Inc. in the US for front-end R&D and XAC Automation Corporation (Suzhou) in China for manufacturing and quality operations. In 2024, the company reported net revenue of NT$1.372 billion, up 78.79% from 2023, with net profit after tax of NT$32.9 million and basic earnings per share of NT$0.35; it advanced R&D on Android 12-based desktop, handheld and unattended terminals achieving PCI PTS 6.x certification, completed CPoC certification for SoftPOS solutions and progressed MPoC development with PCI security certification; the 2025 shareholders' meeting approved amendments to the articles of incorporation for employee compensation provisions per Securities and Exchange Act requirements and a plan for private placement of up to 9.6 million ordinary shares to strategic investors in payment system solutions for long-term alliances and business expansion, while electing the 11th-term board of directors including three independents; revenue recovery continued with strong demand from Europe and US customers, new products entering mass production mid-2025 and focus on EMV integrated solutions, XCE platform automation and global channel establishment with PSPs, SIs and ISVs.