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02/04/2020
USI Develops ‘Sub-module Integration’ Manufacturing Concept and Embarks on Research and Development for the New Process
USI has recently put forward a brand-new ‘sub-module integration’ manufacturing concept, a process which involves the integration of highly interdependent components in a system to generate sub-modules that are then embedded in system modules through molding. Learn More -
02/01/2020
Interview with CY Wei, President of USI – The Experience Sharing for Management and Cost Reduction of Global Supply Chain
The concept of Industry 4.0 proposed by the German government seeks to combine information and communication technology, Internet of Things technology and production processes. This innovative and intelligent manufacturing concept has recently become a headline in the global manufacturing industry. However, in addition to establishing an intelligent factory, the enterprises also need to focus on management of raw materials procurement to achieve multiple goals, such as reducing production costs, improving production efficiency and strengthening industrial competitiveness. Learn More -
01/28/2020
USI Donated RMB 1 million to Confront the New Coronavirus Epidemic
USI donated RMB 1 million to the Shanghai Red Cross. The donation is specifically for the prevention and control of new coronavirus in the Shanghai medical system Learn More -
01/14/2020
USI Builds Its Third Antenna Chamber Measurement System that will Speed Up Test Time Threefold in 2020
USI announced that it is currently building its third antenna chamber measurement system with a targeted completion date in the first quarter of 2020. This development will enable USI to expand its service offerings and provide clients a highly efficient one-stop solution in antenna design, integration and testing services. Learn More -
12/31/2019
USI Intends to Acquire Europe’s Second Largest EMS Company to Exercise Modularization, Diversification and Globalization and Establish the Foundation for the Company's development in the next 20 years
USI announced its intention to enter into an Equity Acquisition Agreement with the shareholders of Asteelflash, the second largest EMS company in Europe on 13rd, December. It is planned to acquire 100% equity of Asteelflash with 450 million US dollars. Learn More -
12/19/2019
USI Intends to Invest in New Facility in Hai Phong City, Vietnam
USI announced the company intends to establish a new production base in Southeast Asia for the needs of business expansion and industrial globalization with a view to meet demands from overseas customers. Learn More -
12/13/2019
USI Intends to Acquire Asteelflash, Europe's Second-Largest EMS Company, to Accelerate Its Global Expansion
Universal Scientific Industrial (Shanghai) Co., Ltd. (hereinafter referred to as "USI") (SSE:601231), a leading electronics designer and manufacturer, formally announced its intention to enter into the Equity Acquisition Agreement with the shareholders of Asteelflash, the second largest EMS company in Europe. It intends to acquire 100% equity of Asteelflash for 450 million US dollars, of which 89.6% is paid in cash, 10.4% is paid by issuing shares of USI to privately owned company of Asteelflash's founder (i.e. equity swap). The transaction is subject to approval by the relevant competent authorities. Learn More -
11/20/2019
USI Launched the Wireless Module for Smart Home to Support Amazon Alexa Voice Service (AVS)
USI announced the launch of the wireless module WM-BN-MT-52 (also known as Alexa Connect Kit or ACK for short), which can fully support Amazon Alexa Voice Service (AVS).The wireless module can be widely used in the field of smart homes. Learn More -
11/15/2019
With New Retail Trend Bullish, USI Provides Much Safer Terminal Payment Solution
To facilitate the device that can make payments and collections more directly, aesthetically, quickly and easily through hardware and screens, USI has invested in the EMV payment technology to launch, mPOS, a secure and fast payment terminal. Learn More