Hi-P established its industrial roots as an insert molding and metal forming toolmaker founded in 1980. In 1983, the current Executive Chairman and Chief Executive Officer, Yao Hsiao Tung acquired management of the company. After the worldwide recession of the mid '80s, Hi-Ps’ success flourished with the expansion of overseas manufacturing facilities in 1993. Throughout the next 10 years, Hi-P experienced robust growth and has become highly sought after as the leading global contract manufacturing provider.