USI

What USI does

USI (Universal Scientific Industrial / 環旭電子), founded in 1976 and headquartered in Shanghai, is a global electronic design and manufacturing services (DMS) provider operating 30 production sites across Asia, Europe, the Americas, and Africa. Listed on the Shanghai Stock Exchange (SSE: 601231) and a member of ASE Technology Holding (TWSE: 3711, NYSE: ASX), USI employs approximately 23,000 people and delivers its D(MS)2 service model — Design, Manufacturing, Miniaturization, Solutions, and Services — to world-class brand owners across five primary end-markets: wireless communication, cloud and storage, consumer applications, industrial and medical, and automotive electronics.

The company's technology portfolio centers on System-in-Package (SiP) and System-in-Module (SiM) miniaturization, with proprietary capabilities including SiC chip-embedded packaging with Single-Side Copper Exposed (SSC) architecture and wire-bondless design, Vacuum Printing Encapsulation (VPE) integrated with copper pillar mass-transfer, and silicon photonics optical engines spanning 100G to 1.6T data rates. USI manufactures WiFi modules and access points, IoT solutions, 800G/1.6T optical transceivers, servers and AI accelerator cards, storage devices, wearables with optical heart rate modules, POS systems, smart handheld devices, and automotive electronics including SiC power modules and integrated electric parking brake control units. The Miniaturization Center of Competence drives cross-segment packaging innovation, and the January 2026 acquisition of EugenLight Technologies extended silicon photonics IP for AI data center applications.

USI generates revenue through a B2B project-based hardware sales model, offering EMS, ODM, JDM, and OEM services with per-customer negotiated pricing on design, manufacturing, logistics, and after-sales support. The company does not publicly disclose pricing or customer identities but reports approximately CNY 58.7 billion in FY2025 monthly revenues (~$8B USD annualized). Customer segments are horizontally diversified across five major end-markets with over 40 years of automotive customer relationships and substantial smartwatch SiP module revenue from its Vietnam Hai Phong facility. Direct enterprise sales target global brand owners, supported by 30 manufacturing sites that enable proximity-based supply across four continents and by ASE Technology Holding's group-level resources in semiconductor packaging, supply chain, and procurement.

Name

USI

Legal name

Universal Scientific Industrial (Shanghai) Co., Ltd.

Website

https://usiglobal.com

Company type

Public

Founded year

1976

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

USI is a global electronic design and manufacturing services (DMS) provider and member of ASE Technology Holding, serving world-class brand owners across wireless, cloud & storage, consumer, industrial, medical, and automotive markets through 30 production sites on four continents, with leading expertise in SiP miniaturization and advanced packaging.

Ownership category

akta.pro rank

Product category

Electronic Manufacturing Services (EMS)

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Computer and Peripheral Equipment Manufacturing (33411)

SIC

Measuring & Controlling Devices, Nec (3829), Misc Industrial & Commercial Machinery & Equipment (3590)

akta.pro primary industry

Industrial Electronics Manufacturing Services (EMS) (IMAGAGAA)

akta.pro secondary industries

Embedded & HMI Electronics Manufacturing (Industrial PCs, HMIs, Panel PCs) (IMAGAGAD), Industrial Power & Energy Electronics Manufacturing Services (UPS, converters, inverters, chargers) (IMAGAGAI), Industrial IoT/Edge Electronics Manufacturing (Gateways, Edge Controllers) (IMAGAGAC), Ruggedized/Harsh-Environment Electronics Manufacturing (IP-rated, shock/vibration, wide-temp) (IMAGAGAF)

Keywords

• Electronic manufacturing services
• System-in-package design
• ODM design services
• Miniaturization technology
• Optical transceiver manufacturing

Headquarters

HQ city

Nantou

HQ country

Taiwan

HQ region

Asia

Offices14 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Electronic Design and Manufacturing Services (D(MS)2): USI provides design, miniaturization, material sourcing, manufacturing, logistics, and after-sales services for electronic devices and modules. Revenue is generated through EMS (Electronic Manufacturing Services), ODM (Original Design Manufacturing), JDM (Joint Development Manufacturing), and OEM services across diverse product categories including SiP modules, optical transceivers, servers, WiFi modules, IoT solutions, and automotive electronics. The model combines one-time manufacturing revenue with recurring services across a global customer base.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

USI provides electronic design, manufacturing, miniaturization, solutions, and services (its D(MS)2 model) for global brand owners. The company delivers EMS, ODM, JDM, and OEM services spanning product design, SiP/SiM miniaturization, materials sourcing, high-density SMT manufacturing, supply chain management, logistics, and after-sales support across WiFi, IoT, optical transceivers, servers, storage, automotive electronics, wearables, POS, and medical devices.

Product overview

USI (Universal Scientific Industrial) is a global electronic design and manufacturing services (EMS) provider offering a comprehensive D(MS)2 portfolio: Design, Manufacturing, Miniaturization, Solutions, and Services. The company operates as a technology leader in System-in-Package (SiP) modules and serves brand customers across wireless communication, cloud & storage, consumer, industrial, medical, and automotive electronics markets. The product portfolio includes WiFi Modules, WiFi AP, IoT Solutions, Optical Transceivers (800G/1.6T silicon photonic based), Servers (including AI accelerator cards), Computing & Connection, Storage, Display, Connected Devices, Medical devices, Wearable Solutions (with optical heart rate modules and hybrid watch products), POS terminals, Smart Handheld Devices (SHD), and Car Electronics. The company leverages SiP technologies to miniaturize complex circuit designs while providing turnkey services from design through manufacturing, logistics, and after-sales support. With Asteelflash subsidiary, USI offers diversified products across four continents: Asia, Europe, Americas, and Africa.

Differentiator

Problem solved

Functional benefit

Brands

• D(MS)2: Design, Manufacturing, Miniaturization, Solutions, and Services - the company's comprehensive service offering model
• USIU (USI University)
• EugenLight Technologies (光創聯)

Products and services

• WiFi Module Wireless communication modules providing enterprise-level wireless network products and competitive wireless modules, designed and manufactured for global brand owners in cooperation with global leading wireless technology providers.
• WiFi AP Wireless access point products for enterprise and consumer wireless networking applications.
• IoT Solutions Internet of Things solutions based on 3GPP wireless technology for machine-to-machine communication, providing design and manufacturing services plus miniaturization solutions for top brand names in the M2M module industry.
• Optical Transceiver High-speed optical communication modules including 800G/1.6T silicon photonic-based optical transceivers for data center and telecommunications applications.
• Server Server products including AI accelerator cards and server motherboards for data center applications.
• Computing and Connection Computing products and connectivity solutions for various industrial and consumer applications.
• Storage Storage solutions including fiber channel, SAS, SATA, 10Gb Ethernet, Rapid IO and Infiniband products for enterprise storage applications.
• POS (Point of Sale) Point of sale terminal systems for retail and commercial applications.
• SHD (Smart Handheld Device) Industrial handheld devices for warehouse, manufacturing, transportation and logistics applications with specialized audio experience customization.
• Wearable Solutions Miniaturized wearable solutions including optical heart rate modules, wristbands, and hybrid watch PCBA/module products featuring smallest size and lowest power consumption.
• Medical Electronics Medical electronic products and healthcare devices for industrial and medical applications.
• Car Electronics Automotive electronics including engine cooling fans, hybrid power systems, regulators, rectifiers, motor controllers, external LED lighting, and integrated electric parking brake control units with over 40 years of automotive industry experience, including SiC power modules for EV performance optimization.
• Design Services Comprehensive design capabilities including Audio and Acoustic, Computing Products, Design Quality and Validation, Electrical Design, Industrial Mobile Solution, Mechanical Capability, Network Solution, RF and Antenna Design, Storage Solution, Telematics, and Automotive design for global brand customers.
• Smart Manufacturing Services Smart manufacturing services including Industry 4.0 integration, automation, supply chain management, and quality assurance for electronic devices and modules across USI's global production network.
• Turnkey Service Comprehensive one-stop services covering design, miniaturization, material sourcing, manufacturing, logistics, and after-sales services for electronic devices and modules.
• SiP (System-in-Package) Technologies Advanced SiP/SiM (System-in-Module) miniaturization technology that integrates multiple components into single modules, enabling complex circuit designs to be simplified into smaller form factors for wireless communication, storage, servers, and automotive applications.

Quantifiable outcome

• VPE process reduces development time by up to 90% and cuts module development costs by roughly 30% compared to traditional molding technologies
• +2 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered moderate, minor and core.

• AmcormoderateStrategic or Co-development Partner · 12 February 2026USI and Amcor announced a partnership to develop innovative consumer packaging solutions. The collaboration aims to leverage双方的 expertise in electronic design and packaging to create advanced consumer packaging solutions.
• Sai Gon–Hai Phong Industrial Park Corporation (SHP)minorOthers · 16 December 2025USI signed a memorandum of understanding with Sai Gon–Hai Phong Industrial Park Corporation (SHP) outlining preliminary plans to develop a second manufacturing facility at Trang Due Industrial Park in Vietnam. This supports USI's expansion of optical transceiver manufacturing capacity.
• ASE Technology Holding Co., Ltd.coreOthersASE Technology Holding (TWSE: 3711, NYSE: ASX) is USI's parent company. USI operates as a member of ASE Technology Holding, benefiting from its global platform, resources, and semiconductor packaging technology. The relationship provides access to ASE's supply chain, customer resources, and technology capabilities.
• AsteelflashcoreOthersUSI acquired Asteelflash for $516 million. Asteelflash operates as a subsidiary of USI with multiple manufacturing facilities across Europe, Americas, and Asia, expanding USI's global footprint. Combined, USI and Asteelflash offer diversified products across the four continents of Asia, Europe, Americas, and Africa.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Benchmark Electronics: US-headquartered EMS provider focused on complex, high-mix/low-volume programs in aerospace, medical, industrial, and communications. Comparable to USI in design-through-manufacturing service model and regulated-industry certifications (ISO 13485, AS9100).
• Pegatron: Taiwan-based EMS/ODM company serving computing, communications, and consumer electronics. Comparable to USI in EMS/ODM business model, Asia-centric manufacturing footprint, and exposure to global brand customers including consumer electronics OEMs.
• Wistron: Taiwan-based ODM/EMS company with strong presence in computing, servers, storage, and consumer electronics. Comparable to USI in design-and-manufacturing service model and exposure to server/storage/cloud customers, including hyperscaler-adjacent OEMs.
• Quanta Computer: Leading notebook and server ODM/EMS with strong cloud computing and AI server exposure. Comparable to USI in ODM manufacturing services for global brand owners, particularly in computing and storage end markets.
• Jabil: Global EMS/ODM company with diversified end-market exposure including automotive, cloud, healthcare, and industrial. Highly comparable to USI in business model, scale, multi-continent footprint, and reliance on world-class brand-owner customers.
• Flex (Flextronics): Global EMS provider serving automotive, healthcare, industrial, and communications markets with multi-continent manufacturing. Closely comparable to USI in service portfolio (design through manufacturing) and customer base of multinational OEMs.
• Sanmina: US-headquartered EMS company providing design, manufacturing, and after-sales services across communications, computing, industrial, medical, and automotive. Comparable to USI in integrated EMS model, regulatory-quality certifications, and diversified end-market exposure.
• Celestica: Toronto-listed global EMS serving communications, enterprise (cloud/data center), and aerospace/defense end markets. Comparable to USI in EMS model with particular overlap in cloud & storage and high-reliability networking hardware.

Broad incumbents

• Hon Hai Precision Industry (Foxconn): The world's largest EMS provider offering design, manufacturing, and assembly across consumer electronics, servers, networking, and automotive electronics. Comparable to USI as a direct EMS/ODM competitor serving global tier-one brand owners with similar scale and customer overlap.

Emerging players

• Compal Electronics: Taiwan-based ODM/EMS specializing in notebooks, smart devices, and IoT products. Comparable to USI in ODM business model and consumer electronics customer base, with growing overlap in connected device and wearable segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC91ccQIfa_DPoVrbiP3_IJg
• LinkedInlinkedin.com/company/universal-scientific-industrial-co.

Compliance58 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about USI