MAP Business Summary

Min Aik Precision Industrial Co., Ltd. (MAP) is a Taiwan-based specialist in precision metal stamping, surface treatment, and automated manufacturing solutions, primarily serving the global hard disk drive (HDD) and consumer electronics sectors. The company generates revenue through three core reportable segments: Precision Components, which produces critical HDD parts like voice coil motor (VCM) plates, disk clamps, and balance weights; Medical Plastic Injection (MAPP), focusing on high-precision medical consumables; and Automated Machines (AMO), which develops proprietary assembly and measurement equipment. Geographically, MAP derives over 60% of its revenue from Singapore and Malaysia, leveraging its status as a key supplier to major storage manufacturers. Within the competitive landscape of Taiwan’s precision component industry, MAP competes directly with Taihan Precision (1336.TW), G-Shank Enterprise (2476.TW), and Shin Zu Shing (3376.TW), distinguishing itself through deep vertical integration and a specialized pivot into AI server heat sinks and medical-grade molding. The company is led by Chairman Chia Kin-Heng (謝錦興), who also serves as the Chairman and CEO of the parent group, Min Aik Technology (3060.TW), bringing extensive experience from senior materials and procurement roles at Western Digital and Maxtor. The day-to-day operations are managed by General Manager Fang Guang-Yi (方光義), supported by Spokesperson and Associate Director Xiao Jia-Ling (蕭佳伶). The board was recently strengthened by the appointment of Chien Yi-Sen (簡宜彬), Chairman of Taiwan AI Agriculture Technology, as an institutional director representative for Beacon Investments Limited effective January 1, 2026. Major institutional backing is provided by the parent company, Min Aik Technology, which maintains a significant 38.8% stake, alongside Beacon Investments, ensuring a stable governance structure focused on long-term industrial automation and high-efficiency thermal management R&D.