| Specialty Retail Industry | Consumer Discretionary Sector | Dr. Wei-Wang Chen CEO | TWSE Exchange | TW0001711000 ISIN |
| TW Country | - Employees | 15 Jun 2023 Last Dividend | 25 Jul 2016 Last Split | - IPO Date |
Patec Precision Industry Co., Ltd. is a recognized manufacturer and distributor of press machines and parts primarily for the automotive and motorcycle industries. Having been established in 1992, the company has expanded its reach beyond its Taipei, Taiwan headquarters to serve markets in Singapore, China, Indonesia, and Europe. The organization prides itself on delivering a wide range of safety system components for motorcycles and automobiles, alongside venturing into the medical devices and equipment sector. Additionally, it amplifies its product offering through the sale and lease of press machines and robot services, indicating a diversified approach to leveraging technology across various industries.
Patec specializes in the manufacture of critical safety components for both motorcycles and automobiles. Their product lineup includes door lock parts, seat parts, brake disc shock absorbers, flanges, exhaust system hooks, clutches, and other vital safety products. These components are essential for the safety and reliability of vehicles on the road.
Aside from manufacturing safety system components, Patec offers processing services for various automobile components. This indicates their capability to customize and enhance components based on specific client requirements or industry standards.
The company has diversified into the healthcare sector by offering medical devices and equipment. This expansion showcases Patec's commitment to contributing to the medical industry by applying their precision manufacturing expertise to the production of healthcare products.
Patec not only utilizes press machines in its manufacturing process but also sells them. This offers other manufacturers access to high-quality machinery for their production needs, ensuring that they can achieve similar levels of efficiency and precision in their own operations.
The sale and lease of robot services signify Patec’s strides towards automation and technological advancement. By offering robotic solutions, Patec empowers other businesses to enhance productivity and precision in their manufacturing processes, thus promoting innovation across industries.