# Hi-P International

> Hi-P International is a Singapore-headquartered contract manufacturer that helps global brands design, tool, mold, stamp, assemble, test and ship physical products. Its real product is coordination: putting industrial design, precision mechanics, electronics manufacturing and supply-chain execution under one roof. After a failed dual-screen-phone program contributed to roughly S$100 million in losses in 2015, the company tightened controls, reorganized into four business units and widened its customer base. It later went private at a S$1.6 billion valuation and accepted a S$100 million investment from 65 Equity Partners in 2024 as it prepared for succession, broader growth and a possible future listing.

- **Founded:** 1980
- **Headquarters:** Singapore, Singapore
- **Founders:** Yao Hsiao Tung (Founder, Executive Chairman and CEO)
- **Team size:** More than 15,000 employees globally, according to the company’s locations page; LinkedIn lists 10,001+.
- **Products:** JDM and ODM development, Precision tooling and molding, Metal manufacturing, Electronics manufacturing services, Full assembly, test and packaging
- **Notable:** Revenue first crossed S$10 million in the mid-1990s and S$1 billion in 2008., Listed on the Singapore Exchange mainboard in 2003 and privatized in 2021., Expanded from Singapore into a manufacturing footprint spanning China, Thailand, the Philippines, Vietnam, Malaysia and India by 2024.

## Products & services

- **JDM and ODM development** — Joint design, quick-spin and original-design manufacturing spanning hardware, software integration, mechanical engineering, prototyping and product management.
- **Precision tooling and molding** — Tool design and fabrication, precision plastic injection molding, insert molding, multi-shot molding and in-mold decoration.
- **Metal manufacturing** — Precision stamping, CNC machining, welding and surface finishing for cosmetic and functional components.
- **Electronics manufacturing services** — SMT, printed-circuit-board and module assembly, product integration, flashing, calibration and RF, wireless, audio and reliability testing.
- **Full assembly, test and packaging** — Electro-mechanical assembly, finished-product testing, packaging and production ramp services.
- **Supply chain and logistics** — Strategic sourcing, commodity management, inventory control, distribution and lifecycle support.

## Achievements

- Revenue first crossed S$10 million in the mid-1990s and S$1 billion in 2008.
- Listed on the Singapore Exchange mainboard in 2003 and privatized in 2021.
- Expanded from Singapore into a manufacturing footprint spanning China, Thailand, the Philippines, Vietnam, Malaysia and India by 2024.
- Received supplier recognition from Motorola, Braun and Oral-B, according to company records.
- Maintains certifications covering quality, environmental, medical-device, occupational-safety, hazardous-substance and automotive management systems across relevant operations.
- Founder Yao Hsiao Tung was named The Business Times Businessman of the Year 2023.

## Latest updates

- **2026-08** — Hi-P’s LinkedIn page reported welcoming its 2026 fresh-graduate cohort and graduating 38 participants from its three-year 2023 program.
- **2025-08** — A Business Times profile said founder Yao wanted Hi-P to endure for 100 years and was not seeking a sale.
- **2024-07** — 65 Equity Partners invested S$100 million; Hi-P said the partnership would address strategy, succession, board development and a potential future listing.
- **2024-07** — Hi-P said its manufacturing footprint had expanded into the Philippines, Malaysia, Vietnam and India and projected 2024 revenue above S$2 billion.

## Links

- Website: https://www.hi-p.com/
- LinkedIn: https://www.linkedin.com/company/hi-p-international

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Profile page: https://yespress.io/hi-p-international
Published by YesPress — https://yespress.io
Last updated: 2026-08-20