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SAE MAGNETICS (HK) LTD.

        SAE Magnetics (H.K.) Ltd., a wholly owned TDK subsidiary, is the world’s leading independent provider of magnetic recording heads, with a market share of about 40%.

        The company set up its first plant (SAE Electronics) in Dongguan in 1989. In the favorable investment environment in Dongguan, it has been constantly increasing its investment and expanding production. In 1995, SAE Magnetics (Dongguan) Plant and SAE (Dongguan) Audio-Video Plant were established. In 1998, Dongguan Chang’an Shili Electronics Plant was established. In the new millennium, with a view to promoting the technical innovation and competitive strength of the company, SAE invested heavily in the introduction of advanced instruments and equipment from the US, Japan and Germany and set up the largest professional experiment center in South-East Asia. In 2003, the company established its fifth enterprises in Dongguan, SAE Dongguan Chang’an Electronics Plant.

        At present, SAE has built its own plants, experiment center, joint ventures and satellite companies in Dongguan. SAE Dongguan has become the company’s large research, development and manufacturing base for high-tech products such as computer disk driver heads.

        *Comment of Mr. Ng Wai Hung, Chairman of SAE Magnetics (HK) Ltd., on investment in Dongguan:

        After 15 years of investment in Dongguan, I have realized that the achievements of SAE have a close relationship with the superior investment environment of Dongguan:

        Encouragement from policies and support from the government is a reassurance for foreign investors; the cost of land and labor is comparatively low while the quality of labor is relatively high, including both the technical and the managerial staff; the market is easily accessible and the traffic convenient; supply chain is complete; development of industry is vigorous and we cherish great hope for the future of Dongguan.

        We intend to launch new projects on a regular basis and increase our investment in Dongguan.
(Signature and color photo of Mr. Ng Wai Hung)


Pictures: 1. SAE (Dongguan) Magnetics Plant
2. SAE Annual Dinner and Evening Part


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