Halcyon Technology PCL

SET:HTECH

Business Description

Sector

Industrials

Industry

Machinery

Headquarters

Thailand TH

IPO date

Mar 27, 2009

Halcyon Technology PCL makes printed circuit boards, or PCBs, which are the flat boards that hold and connect the electronic parts inside devices. The company sells these boards to electronics manufacturers that need reliable parts for products such as car electronics, industrial equipment, home appliances, and other electronic devices.

Its business is mainly based on manufacturing and selling PCBs to other companies, rather than to consumers. Customers place orders for boards built to their specifications, and Halcyon earns money when it ships those finished boards. Because PCBs are a core part of almost every electronic product, the company sits in an important middle step of the electronics supply chain.

What makes the business easy to understand is that it is a specialist parts maker, not a brand owner. Its value comes from turning customer designs into physical boards with the right materials, layers, and reliability for each application. That makes it more of a technical manufacturing partner than a consumer-facing company.