KAIMEI Business Summary

Kaimei Electronic Corp. (2375.TW) operates as a leading manufacturer of passive components, generating revenue through the high-volume production and global sale of aluminum electrolytic capacitors, chip resistors, and cooling fans. The company’s business model is centered on a vertically integrated manufacturing process that serves diverse end-markets, including telecommunications, automotive electronics, industrial power supplies, and consumer computing. Revenue is primarily segmented into Aluminum Electrolytic Capacitors (the core driver), Resistors, and Motor/Fan products. Kaimei competes directly with major regional players such as Lelon Electronics, TA-I Technology, and Walsin Technology, as well as Japanese tier-1 suppliers. Within this landscape, Kaimei leverages its strategic integration into the Yageo Group to position itself as a high-capacity, cost-competitive supplier that bridges the gap between premium Japanese components and mass-market alternatives. The company is led by Chairman Shao-Pin Lu, a veteran executive with an extensive background in the Yageo Group ecosystem, previously serving in leadership roles at Tong Hsing Electronic Industries. Operational management is headed by President and General Manager Wen-Liang Liu, who brings deep technical expertise from his former tenure as Chairman of Ralec Electronic and as a Deputy General Manager at Yageo Corp. Founded in 1978, Kaimei’s modern strategic direction is heavily influenced by its primary institutional backer, Yageo Corporation, which is represented on the board by directors such as Shao-Chiao Chen. This leadership structure ensures that Kaimei remains a critical pillar of the "One Yageo" strategy, benefiting from the parent group's global distribution network and cross-selling opportunities across the automotive and industrial sectors.