Min Aik technology

group profile

Please visit M.O.P.S. of TSEC at http://newmops.tse.com.tw/for business and operating results update (TSE: 3060)

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The Company Company Profile Core Competency Current Major Products Main Customers

Operating Result &Business OutlookWhy invest in Min AikThe Industry Outlook/Future

Contents

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Company Profile

Incorporated in Oct. 3rd, 1979

Paid-up Capital: US$ 32 millionsCurrent Workforce: 3,900 (worldwide)

Listed on Taiwan Stock Exchange in April, 2003

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M & JAyutthaya, Ayutthaya,

ThailandThailand

MATHAyutthaya, Ayutthaya,

ThailandThailand

MA-USSan Jose, USASan Jose, USA

MAT, HQTaiwanTaiwan

MAPTaiwanTaiwan

MAMMalaysiaMalaysia

MASSingaporeSingapore

Where We Are

M&EDongguan, ChinaDongguan, China

MAC & MAYSuzhou, ChinaSuzhou, China

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New Plant in Thailand- MATH -

Space Area: 3,975m2 Current Manpower: 560Current Capacity: 6M sets/Q

APFAAPFA(Actuator Pivot (Actuator Pivot

Flex Assy)Flex Assy)

FCOFFCOF(Flip Chip On Flex)(Flip Chip On Flex)

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Manpower & Capacity Overview

MAM, MalaysiaMAM, Malaysia

M&E, Dongguan, ChinaM&E, Dongguan, ChinaM&J, ThailandM&J, Thailand

MAC/MAY, Suzhou, ChinaMAC/MAY, Suzhou, China

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Space Area: 21,112m2 Manpower: 210

MAT, TaiwanMAT, TaiwanSpace Area: 15,995m2 Manpower: 580

Space Area: 23,027m2 Manpower: 500

Space Area: 29,393m2 Manpower: 700

Space Area: 3,975m2 Manpower: 1050

Space Area: 21,941m2 Manpower: 310

MAP, TaiwanMAP, Taiwan

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VCM: 1 million sets /QCSA : 4 million pcs /Q

VCM: 15 million sets /QCSA: 17 million pcs /Q

VCM: 7 million sets /QEHD: 1 million sets/Q

Plates: 60 million pcs/Q EHD: 2.7 million sets /Q Stand: 1.6M units/Q

Core Competency

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Core Competency

Sheet MetalPrecision Stamping/

Tumbling/Plating

Turnkey Solution-SMT Solution

Well-executedQA System

In-house Automation Design &

Fabrication

Plastic Injection &

Double InjectionMolding

Tooling Design &

Fabrication

Clean Room,Cleanliness Control

&Chemical Lab

Clean RoomAssembly

Current Major Products

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LatcLatchh

Suppressor Suppressor CombComb

Crash Stop Crash Stop AssemblyAssembly Voice Coil Motor (VCM)Voice Coil Motor (VCM)

DiskDisk ClampClamp

BracketBracket

APFAAPFA

HDD Components

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What We Can ProvideWhat We Can Provide

External HDD External HDD ：： USB, Firewall, Combo features for USB, Firewall, Combo features for External HDD of various form factorsExternal HDD of various form factors

Material Sourcing

Logistic Solution

Mechanical Design

Electronic Design

Industrial Trend

DFM

ID Design

Software Firmware Support

Testing Supplier Management

Time to Design

Time to Cost

Time to Market

Time to Quality

Time to VolumeSMT/

Assembly

Total Solution

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Ergonomic Products

VL-9

PV100

Neoflex WMWAHAS NT

LX Laptop Arm

DS2/DS3

Large Display Cart

Large Display

Wall Mount

Medical CartSVHCLE/E-tility

DS-100

200 Series

DS-100

Styleview:Powered Cart

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Other Major Products Digital Camera Components : Casing, buttons ( double injection

molding + electro plating )

Procurement Services (ink jet printer cartridge, tooling, DVD pick-up head components, etc.)

Image Enhance Module for DLP Rear- projection TV Image Enhance Module for DLP Projector - Dynamic Black VCM Auto Focus Camera Module for Mobile Phone

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Major Customers

Operating Results &

Business Outlook

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Operating Results (Consolidated) 2005 vs 2006

Units: NT$ Thousand

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Business Outlook

Why Invest in Min Aik

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Competitive EdgeCompetitive Edge

B. Healthy Financial PositionB. Healthy Financial Position No non-value-added Assets Strong cash flow management

2002 2003 2004 2005 200621% 32% 30% 25% 27%

A. Steadily Growing ROE:

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Competitive EdgeCompetitive Edge

C. Clear Dividend PolicyC. Clear Dividend Policy High pay-out ratio (consecutively paid out 76%

over the last 4 years) Board member fee reduced from 1.5% to 1% Employee bonus reduced from 10% to 3-9% Dividend Policy: Max 1/3 in share ; Min 2/3 in cash

Year 2003 2004 2005 2006

EPS(NT$) 5.11 5.08 4.4 5.31

Dividend Cash 2.9 3.8 3.6 3.6

Share 1 1

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Competitive EdgeCompetitive Edge

D. Global Manufacturing strategyD. Global Manufacturing strategy Multiple production sites Proximity to customers Cost effectiveness

VCM - Malaysia and China CSA - Taiwan and Malaysia Box Build - Taiwan, Thailand and China Ergonomic products - China FCOF/APFA – Thailand (New Plant)

Have already spent NT$558 Million over last 4 quarters for global capacity expansion.

New plant, MATH, in Thailand was pilot run in Q2 2006

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Competitive EdgeCompetitive Edge

E. OpportunitiesE. Opportunities Existing industry shows an uphill trend According to the forecast of IDC, the WW HDD shipment will increase at a 13.1% compound annual growth rate from 2005 to 2010. Our current customers penetrate into the mobile and CE HDD market and start taking market share. Market share boost in existing products Min Aik is the long-term strategy partner of current customers and they would rather work with the suppliers who have had the ability of upfront joint design and providing one-stop-shop solutions.

New products in-house for existing customers New products phase in in-house manufacturing will be another booster to our revenue & profit over next couple of years.

Worldwide capacity expansion to facilitate the exploration of potential new products in new industry

The Industry Outlook/Future

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Worldwide HDD units ShipmentWorldwide HDD units Shipment2004 - 2010 (000s)2004 - 2010 (000s)

Source: IDC, Nov. 2006

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Worldwide HDD units consumed by system platform 2005 -2010

(000s)

Source: IDC, Nov. 2006

FY

(CAGR:18.2%)

(CAGR:19.6%)

(CAGR:35.1%)

(CAGR:5%)

(CAGR:11.2%)

(CAGR:13.9%)

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Worldwide HDD shipments by form factors 2005 - 2010

Units: 000s

Source: IDC, Nov. 2006

27That was then…..

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And now……..

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What will be at the heart of our lives?- Digital Media Era -

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Dig. Camcorder

PVRAuto PC

NotebookPocket PC

Desktop PCTablet PC

DSC Dig. TVSTB

GameConsole

PDACell Phone

SmartPhone

GPS

DVRDVD Player

Ext. HDD

Photo Jukebox

PMP

CommunicationEntertainment

Automotive

IT

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“Storage” - anytime & anywhere -

Q & A….