In Sept.2016, Universal Precision Components (UPC) has been acquired by Texin, a distributor of electronic components in Singapore. UPC became a subsidiary of Texin.
UPC was established in Singapore in 1991 and has since established branches in Malaysia, Hongkong, Philippines, Shanghai, Taiwan, Korea, India, Japan, Shenzhen and Thailand respectively.
As one of Asia's leading distributors of electronic components, UPC represents several of the world's leading manufacturers and products with a wide range of leading-edge technologies. UPC's competitive advantage is its close relationship with customers on its material plans and purchasing strategies. The acquisition can be described as a combination of powerful alliances.