Min Aik technology group profile

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Min Aik technology group profile
Please visit M.O.P.S. of TSEC at
http//newmops.tse.com.tw/ for business and
operating results update (TSE 3060)
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Contents

• The Company
• Company Profile
• Core Competency
• Current Major Products
• Main Customers
• Operating Result
• Business Outlook
• Why invest in Min Aik
• The Industry Outlook/Future

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Company Profile

• Incorporated in Oct. 3rd, 1979
• Paid-up Capital US 32 millions
• Current Workforce 3,900 (worldwide)
• Listed on Taiwan Stock Exchange in
• April, 2003

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Where We Are
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New Plant in Thailand- MATH -
Space Area 3,975m2 Current Manpower
560 Current Capacity 6M sets/Q
FCOF (Flip Chip On Flex)
APFA (Actuator Pivot Flex Assy)
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Manpower Capacity Overview
MAM, Malaysia
MAC/MAY, Suzhou, China
MAT, Taiwan
Space Area 21,112m2 Manpower 210
Space Area 15,995m2 Manpower 580
Space Area 23,027m2 Manpower 500
VCM 1 million sets /QCSA 4 million pcs /Q
VCM 15 million sets /QCSA 17 million pcs /Q
VCM 7 million sets /Q EHD 1 million sets/Q
MJ, Thailand
MAP, Taiwan
ME, Dongguan, China
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Space Area 3,975m2 Manpower 1050
Space Area 21,941m2 Manpower 310
Space Area 29,393m2 Manpower 700
Plates 60 million pcs/Q
EHD 2.7 million sets /Q
Stand 1.6M units/Q
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Core Competency
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Core Competency
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Current Major Products
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HDD Components
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What We Can Provide
External HDD USB, Firewall, Combo features for
External HDD of
various form factors
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Ergonomic Products
DS2/DS3
Medical Cart SVHCLE/E-tility
Large Display Cart
VL-9
Styleview Powered Cart
LX Laptop Arm
200 Series
Large Display Wall Mount
PV100
DS-100
DS-100
Neoflex WM
WAHAS NT
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Other Major Products

• Digital Camera Components Casing, buttons (
  double injection molding electro plating )
• Procurement Services (ink jet printer cartridge,
  tooling, DVD pick-up head components, etc.)
• Image Enhance Module for DLP Rear- projection TV
• Image Enhance Module for DLP Projector - Dynamic
  Black
• VCM Auto Focus Camera Module for Mobile Phone

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Major Customers
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Operating Results Business Outlook
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Operating Results (Consolidated) 2005 vs 2006
Units NT Thousand
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Business Outlook
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Why Invest in Min Aik
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Competitive Edge
A. Steadily Growing ROE
2002 2003 2004 2005 2006
21 32 30 25 27

• B. Healthy Financial Position
• No non-value-added Assets
• Strong cash flow management

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Competitive Edge

• C. Clear Dividend Policy
• High pay-out ratio (consecutively paid out 76
  over the last 4 years)
• Board member fee reduced from 1.5 to 1
• Employee bonus reduced from 10 to 3-9
• Dividend Policy
• Max 1/3 in share Min 2/3 in cash

Year Year 2003 2004 2005 2006
EPS(NT) EPS(NT) 5.11 5.08 4.4 5.31
Dividend Cash 2.9 3.8 3.6 3.6
Dividend Share 1 1
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Competitive Edge

• D. Global Manufacturing strategy
• Multiple production sites
• Proximity to customers
• Cost effectiveness
• VCM - Malaysia and China
• CSA - Taiwan and Malaysia
• Box Build - Taiwan, Thailand and China
• Ergonomic products - China
• FCOF/APFA