What does the company do?
Hana is one of the leading independent electronics manufacturing service (EMS) companies in South-East Asia, manufacturing high-quality assembly and test products in areas such as Microelectronics, Semiconductor Integrated Circuit “IC” and Liquid Crystal on Silicon (LCOS). The Group manufactures products in 6 production facilities, employing more than 10,000 employees worldwide. The plants are located in Thailand, China, USA and Cambodia, with a total manufacturing floor space of over 1.1 million square feet. Why do we like the investment? We like the transparent and innovative management team led by the straight-talking CEO who is part of the company’s controlling family. It is a business that in many ways has mirrored Asia’s development progressing from manufacturing watch parts a few decades ago to parts for Apple iPhones today. Their net cash balance sheet and diversification by product and manufacturing locations feels to us like an appropriate way of running a cyclical business. We are optimistic that the company can continue to grow alongside its core customers while exploring alternative end-markets in the electronics industry, backed by its reputation for high quality standards.Visit Hana’s website
In which year did we first invest?
Where is their head office?