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  •  12/10/2021

USI Entitled One of the “Top 10 Examples of Pudong Headquarters Economy”

(2021-12-10, Shanghai) On December 8, 2021, the seventh award ceremony for "Top 10 Examples of Pudong Headquarters Economy" was held at Shanghai International Convention Center. USI was listed as one of the "Top 10 Examples of Pudong Headquarters Economy" for its considerable efforts and achievements in industry-leading technological innovation capabilities and outstanding contributions to the local economy.

The award ceremony, held for seven consecutive years since 2014, has been one of the most influential brand activities in Pudong New Area, Shanghai. The event was sponsored by Pudong Commission of Commerce and co-organized by Pudong Times, Pudong Foreign Investment Association, and local enterprise investment associations. The organizing committee has carefully selected the most typical examples out of over 800 companies headquartered in Pudong new Area. The title of one of the "Top 10 Examples of Pudong Headquarters Economy" indicates that USI has been recognized for its global presence starting from Shanghai and persistent innovation-driven development over the years.

USI has based itself in Zhangjiang Hi-Tech Park, Pudong New Area, since 2003 and was listed on the main board of Shanghai Stock Exchange in 2012. Pudong New Area has now developed into an area with the most concentrated IC industry, the highest level of comprehensive technology, and the complete industrial chain in China. USI is one of those companies that benefit from the supportive business environment in this area.

The company is currently a global leader in SiP modules and a leading design and manufacturing service provider, ranking 12th in the global ODM/EMS industry in 2020. The company has located its SiP module manufacturing and R&D center, a global smart manufacturing division in Pudong New Area. In 2020, USI realized global revenue of RMB 47.7 billion, more than 55% of which, RMB 26.5 billion, was generated in Pudong New Area.

In 2018, USI began to implement the strategy of "modularization, miniaturization, and globalization" to enhance its global resource allocation capability. At the end of 2020, following the acquisition of the French company Financière AFG, the second largest EMS company in Europe, USI initiated the development of the Miniaturization Competence Center (MCC) in Pudong New Area. It plans to build an open R&D and innovation platform, focusing on smartphones, wearables, Internet of Things, AR/VR and automotive electronics, better collaborating with upstream and downstream partners in the industry chain. In July 2021, the company officially launched Corporate Venture Capital (CVC), expected to invest a total of RMB 300 million in empowering promising companies, deepening business cooperation and contributing to the development of IC industry cluster in Pudong New Area.
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