The Group started with Huan Hsin Taiwan in Taipei, Taiwan in 1980 to assemble and sell power cords to Taiwanese manufacturers of electronic products.
In 1982, Huan Hsin Taiwan decided to focus its efforts on the assembly and supply of telephone cords instead of power cords with the surge in demand by US consumers to buy rather than rent their telephone sets.
The Company was incorporated in Singapore in 1995 under the name of Enrich Investment Pte Ltd. Its name was subsequently changed to Huan Hsin Holdings Pte Ltd in 1996 and to its present name in 1997. The Company is an investment holding company.
Supported by a group staff strength of approximately 5,000, Huan Hsin has grown to become a well-managed group of companies with a global customer base.
With 7 plants strategically located in China and 1 in Malaysia, as well as marketing offices in Taiwan and USA.
By vertically integrating most of our operations and increased the number of in-house made components, Huan Hsin is able to better control cost, timing and quality.
Today, the Group is an accomplished contract manufacturer and supplier of telecommunications, IT-related, consumer electronic and electrical products and components to original equipment manufacturers (OEMs).
The Group's operations include multi-layer printed circuit boards (PCBs), surface mount technology (SMT) assembly, personal computer casings, moulded plastic products, wires and cables. With plants in China and Malaysia as well as marketing offices in Taiwan and USA, the Group has successfully diversified into higher-value added and higher technology businesses such as notebook casings.
FY00 turnover Wire, Cable & related products (57.1%) telephone components and finished prodoucts assembly (7.3%), mould, moulded pastic products and finished products assembly (29%) computor casing and pressed metal products (6.6%).
1HFY01 profit surged 18% due to strong showing from the moulded plastic business and forex gain
of $3.9m.(1H00 : $2.9m gain). Company will be a challenge to maintain the same level of performance in 2H01, but expects 2H01 to be profitable.
(wef : 14/09/01)
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