MIRA INFORM REPORT
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Report Date : |
18th May 2006 |
IDENTIFICATION DETAILS
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Name : |
ASUSTEK
COMPUTER INC |
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Registered Office : |
4FL,
150 LI TEH RD PEITOU DIST TAIPEI CITY 112, TAIWAN |
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Date of Incorporation : |
April
2, 1990 |
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Com. Reg. No.: |
23638777 |
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Legal Form : |
Listed |
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Line of Business : |
Manufacturing
and distributing computer motherboards |
RATING & COMMENTS
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MIRA’s Rating : |
Aaa |
RATING
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STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely
sound financial base with the strongest capability for timely payment of
interest and principal sums |
Unlimited |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
NAME & ADDRESS
ASUSTEK COMPUTER INC
4FL, 150 LI TEH RD PEITOU DIST TAIPEI CITY 112, TAIWAN
TEL: 886-2-28943447
FAX: 886-2-28907897
EXECUTIVE SUMMARY
INCORPORATION DATE : APRIL 2, 1990
REGISTRATION NO. : 23638777
LEGAL FORM : LISTED
CHIEF EXECUTIVE : MR. JONNEY CHUNG-TANG SHIH
(CHAIRMAN)
STAFF STRENGTH : 9,587
CAPITAL : US$ 1,056,250,000
BUSINESS LINE : MANUFACTURER
TURNOVER : NTD 72,565,970,000 (AS OF MAR. 31, 2006)
EQUITIES : NTD 117,322,869,000 (AS OF MAR. 31, 2006)
PAYMENT : AVERAGE
RECOMM. CREDIT RANGE : UP TO USD 5,000,000
MARKET CONDITION : COMPETITIVE
FINANCIAL CONDITION : STRONG
OPERATIONAL TREND : FAIRLY STEADY
GENERAL REPUTATION : WELL KNOWN
EXCHANGE RATE : TWD 31.80199 = US$1 AS OF 2006-05-18
*Company History*
================
July 1993 - Launched PC133 motherboard and PCI/I-P5MP3
Pentium system board.
1994 - Introduced the first mass production dual Pentium-based motherboards in the world.
- Given the highest rating in Compatibility and Quality by C'T Magazine
1995 - No 1 in both Innovation and Quality
1996-1997 - Introduced first ASUS brand notebook computer and ASUSPRO network server series.
1998 - ASUS R & K notebook computer is chosen as the notebook computer to be placed in the Mir Space Station
- Launched the lightest full-featured notebook computer in the world, weighing only 2.75 kg
1999 - Introduced the Ultra-slim M Series Laptop, F7400 Series of Upgradeable Notebook PCs, 50x/40x CD-ROM drive into the market.
- Released the first RIVA TNT2 based graphics card with 3D glasses
January 2000 - Received nominations for the "First Class Tested Product" Notebook Award for its
M8000 series (notebook) by PC World magazine and for the Multimedia Award for the GeForce256 Deluxe (Asus Graphics Card) by the PC Pro magazine.
30 October, 2000 - Introduced First DDR M/B using AMD(r) 761 North Bridge - A7M266
30 November, 2000 - Launched Advanced Intel(r) 850 Chipset Motherboard for Intel(r) Pentium(r) 4
Processors
19 January, 2001 - Released First Micro-ATX Motherboard for Intel(r) Pentium(r) 4
1 March, 2001 - Started CeBIT 2001 Grand Opening Online
16 March, 2001 - Introduced Advanced 12x10x32x CD-RW Optical Drive
16 April, 2001 - Delivered Ultimate Office Mobility and Convenience with M1 Series Convertible Mobile
Incorporates Intel(r) Pro/Wireless LAN Solution for reliable, high-speed connectivity.
9 May, 2001 - Offered Latest Notebook Web Site for North American Customers.
15 May, 2001 - Presented Johannesburg 2001 Online Showroom.
1June & 1 July, 2001 - Launched Japan Power User Forum Event.
5 July, 2001 - Announced A7M266-Dual Socket A Motherboard with AMD(r) Multiprocessing
Technology.
10 September, 2001 Released P4B Motherboard Based on Intel 845 Chipset - Enables socket 478 Pentium 4
processors for the mainstream with SDRAM support
18 September, 2001 Announces 16X/ 10X/ 40X CD-REWRITABLE Drive
1 October, 2001 - Announced V8200T5/T2 Series- NVIDIA GeForce3TM Ti500/Ti200 Based Graphics Cards
and V7700TI Series- NVIDIA GeForce2TM Ti Based Graphics Cards
23 October, 2001 - ASUS(r) P4B "was seen as more feature rich with onboard audio and the S/PDIF
connectors compared with MSI board", Mikrobitti, Finland
16 December, 2001 - Released P4B266 DDR Pentium 4 Motherboard with Intel 845D Chipset
1 December, 2003 - Reported a 43% surge by selling 500 laptops on the first day of IT Month Electronic Exposition.
18 March, 2004 - Reported that it will build a US$24 million production and service facility in the
Czech Republic, which will create 1,000 jobs in the Ostrava region.
15 June, 2004 - Reported that it unveiled its second mobile phone.
April 2006 - Invested EUR 27 million in ASUS HOLLAND HOLDING BV
*Company Name*
=============
Incorporated as : ASUS TEK COMPUTER INC
Date of incorporation : 2 April, 1990
Changed name to : ASUSTEK COMPUTER INC
Date of change : February 1998
*Company Registration*
===================
License number : 23638777
Date issued : 2 April, 1990
Issuing authority : Ministry of Economic Affairs (MOEA)
*Office & Facilities*
===============
Size : 797 sq meters
Location : Taipei City
Property status : Owned by ASUSTEK COMPUTER INC
Type of building : Industrial & Commercial mixed
Facilities : Modern
Comments : Served as office, factory, and warehouse.
Other Contact Details
-----------------------------
Tel no : 2-28907758
Fax no : 2-28943449, 2-28926140
Email add : ir@asus.com.tw
Technical Support -
Motherboard Support : 2-28907121
Notebook Support : 2-2890-7122
Server Support : 2-2890-7123
Fax : 2-2895-9254
BBS : 2-2896-4667
E-Mail Address : tsd@asus.com.tw
News Group : www.asus.com.tw/company/support-news.html
FTP : ftp.asus.com.tw/pub/ASUS
Previous Contact Details
---------------------------------
Address : 4Fl, 10, Alley 25, Lane 425, Chung Yang North Rd Section 4 Peitou Dist Taipei City 112
*Factories, Size & Location*
=======================
Factory 1
-------------
Type of building : Mix commercial and industrial
Building size : 720,720 sq ft (Approx)
Location : Taipei City
Major products : Notebooks by its own brand
Factory 2
-------------
Location : 10, Lane 17, Nan Shan Rd Section 3, Taoyuan Hsien
Type of building : Industrial building
Building size : 43,200 sq ft (Approx)
Land Size : 87,012 sq ft (Approx)
Product : OEM Notebooks (APPLE brand)
Factory 3
------------
Location : 5 Hsin Yeh St, Taoyuan Hsien
Type of building : Industrial building
Building size : 120,000 sq ft (Approx)
Products : network products, motherboards, multimedia products
*Corporate & Organization Structure*
=============================
Organization and management of the company is divided into the following departments:
- Finance
- Research & Development
- Procurement
- Technical Support
- Sales
Maintains 11 ASUS Service Center worldwide.
Note: ASUSTEK dismissed 385 employees in its Taoyuan plant last July 2005. It will continue to cut its local factory workforce, amounting to a total of 1,000 workers out of 4,000 by the end of 2005, and move production to its new plant in Shanghai, which is to be inaugurated next year.
*Capital Details*
============
Authorized capital : NTD 33,800,000,000.00
Initial paid-up capital : NTD 30,000,000.00
Paid-up capital increases as follows :
Date Amount (NTD)
------- ---------------------
1990 80,000,000.00
1991 150,000,000.00
1993 199,000,000.00
1994 450,337,000.00
1995 600,000,000.00
1997 3,230,000,000.00
June 1998 8,115,000,000.00
October 1998 8,135,000,000.00
1999 11,464,000,000.00
2000 15,671,000,000.00
2001 19,769,000,000.00
2002 19,988,000,000.00
2003 22,817,400,000.00
- 30,400,637,670.00
*Industry Ranking*
================
(1) Ranked as Top 1000 largest companies in Asia.
Detail as follows :
Year Rank
------- --------
1999 902
2000 773
(2) Ranked as No 1 in business performance among the top 500 manufacturers in Taiwan in 1996 and 1997.
(3) Ranked as no 1 in the Far East in 1998
(4) Ranked as No 18 Worldwide for " The World's Best-Performance Information Technology Companies.
(5) Ranked as Worldwide in "The Info Tech 100"
Year Ranked
------------ ------------
18 1998
44 2000
28 2001
(6) Ranked as No 2 for "Computer & Electronics" in 2001.
(7) Ranked as "Top 500 Asian International Companies" in Asia
Year Ranked
------- -----------
2000 6
2001 6
(8) Ranked for "Manufacturing Industry"
Year Ranked
-------- ----------
2000 2
2001 2
(9) Ranked as No 26 in the "Taiwan's Top 100 Largest Corporations" in 2000.
(10) Ranked as No 13 in "Taiwan's Top 1000 Manufacturing Enterprises" in 2000.
(11) Ranked No 1 in Common Wealth Magazine's Info Tech 200 in 2000
(12) Ranked as No 1 Taiwan Company in Global Views Monthly "Info Tech 2000".
(13) Considered as one of the Taiwan 10 Guidepost Enterprises conducted by the Chinese Language Common Wealth magazine.
(14) Generally regarded as one of the Top 1000 Companies in manufacturing industry of Taiwan.
(15) Considered as the world's largest supplier of computer motherboard.
(16) Considered as the nation's third-largest notebook computer manufacturer.
*Sales Ranking*
=============
Details of rank are as follows :
Year Rank
------ -------
1996 61
1997 38
1998 22
2000 13
2001 9
2002 12
Generally regarded as the No. 1 Laptop inventor in terms of unit sales.
*Accountants*
===========
ERNST & YOUNG
Web site: www.asus.com.tw The design is
professional and the content is well organized. At present it is has many
versions such as Chinese, English, Korean, Japanese, etc.
E-mail: info@asus.com.tw
Litigation ( 1 )
Position : Defendant
Other Parties Involved : Position Country Party's Name
Defendant Taiwan ELITEGROUP COMPUTER SYSTEMS CO LTD
Plaintiff Taiwan CHUPOND PRECISION CO LTD
Defendant Taiwan AURORA GROUP
Defendant Taiwan TSANNKUEN GROUP
Defendant Taiwan WIN WIN PRECISION INDUSTRIAL CO LTD
Defendant Taiwan GOLDEN-TECH TECNOLOGIES INC
Case Issue : A petition to the court claiming damages for patent infringement.
Court : Taipei District Court, Taiwan
Date Commenced : 18 June, 2004
Status : Pending
Litigation ( 2 ) Not Adverse
Position : Plaintiff
Other Parties Involved : Position Country Party's Name
Defendant Taiwan TOTEM TECHNOLOGY CO LTD
Case Issue : A petition to the court claiming damages for patent infringement.
Court : Fair Trade Commission, Executi, Taiwan
Date Closed : 8 May, 2003
Status : Defendant lost
Summary : ASUSTEK COMPUTER INC filed complaint against TOTEM TECHNOLOGY CO LTD for issuing a letter through their lawyer on 15 May, 2002 to ASUSTEK's trading counterparts, PACIFIC T-ZONE CO LTD (PACIFIC) AND CHUAN WANG TECHNOLOGY CO LTD (CHUAN WANG) alleging that ASUSTEK's P4S333 and P4S533 motherboards infringed the new utility model patent No. 177431 owned by Lu Hsini-tsan.
In the act of issuing warning letters, TOTEM failed to complete the relevant
procedures, which constitutes an obviously unfair practice sufficient to affect the trading order and was therefor a violation of Article 24 of the Fair Trade Law.
Litigation ( 3 )
Position : Defendant
Other Parties Involved : Position Country Party's Name
Defendant Taiwan MICRO-STAR INT'L CO LTD
Defendant Taiwan ABIT COMPUTER CORP
Plaintiff USA PHILIPS
Case Issue : A petition to the Court due to patent infringement.
Date Commenced : March, 2004
Status : Pending
Litigation ( 4 )
Position : Defendant
Other Parties Involved : Position Country Party's Name
Plaintiff Taiwan O2 MICRO ELECTRONICS INC
Case Issue : ASUSTEK reverse preliminary injunction success.
Court : High Court, Taiwan
Date Commenced : 2004
Status : Pending
Summary : O2 requested ASUSTEK to stop manufacturing computer notebooks because of its CCFL Driver IC patent number. However ASUSTEK advised that CCFL Driver IC is not an O2 product and should not be suspended for all notebook manufacturing activities.. Taiwan High Court had made a judgement that ASUSTEK can keep using CCFL Driver IC for its notebook manufacturing activities after it provides a guarantee money of NT$0,190,800 except for the O2 owned CCFL Driver IC.
Adverse Press Coverage ( 1 )
Country : USA
Newspaper : RBI Electronic News
Date : 12 March, 2004
Title : Company was included in an ITC complaint
Summary : The company was named as a "proposed respondent" along with 9 other companies in a patent infringement complaint filed at the US International Trade Commission. ZORAN CORP filed the complaint against MEDIATEK INC whose DVD player and optical disk controller chips allegedly infringe on 3 patents co-owned by ZORAN and its subsidiary. Included in the complaint for importing the products from MEDIATEK and selling them in the US are LITE-ON IT CORP, CREATIVE TECHNOLOGY LTD, CREATIVE LABS INC, JIANGSU SHINCO ELECTRONIC GROUP CO LTD, MINTEK DIGITAL, SHINCO INT'L AV CO LTD, TEAC CORP, TEAC AMERICA INC, and TERAOPTIX LTD.
*Major Shareholders*
=================
Shareholders' Name No of Shares
--------------------------- ------------------
Mr. Tzu-hsien Tung 127,350,307
Mr. Jonney Chung-tang Shih 84,860,949
Mr. Shih-chang Hsu 65,611,053
Mr. Lung-hui Yang 18,451,322
Mr. Jonathan Chiang-shen Tseng 4,852,382
Mr. Chen-lai Shen 3,406,366
Mr. Chien-chung Cheng 2,836,083
Mr. Hung-chang Hung 1,250,610
Mr. Chung-jen Cheng 6,930
Mr. Tzu-chiang Yang -
Management: Mr. Alexander Tsong-rong Lee, Executive Vice-President
Mr. Benson Lin, General Manager
Mr. Chen-lai Shen, Vice General Manager
*COMPANY MANAGEMENT*
========================
Name Job Description Nationality
Mr. Chien-chung Cheng Vice General Manager Taiwan
Mr. Chih-hsiung Chen General Manager Taiwan
Mr. Chu-yao Lee Finance Director Taiwan
Mr. Chun-jung Lee Representative Taiwan
Mr. David Wei-min Chang Finance Manager Taiwan
Mr. Hung-chang Hung Vice General Manager Taiwan
Mr. Jonathan Chiang-shen Tseng Vice General Manager Taiwan
Mr. Jonney Chung-tang Shih General Manager Taiwan
Mr. Kevin Fu-leng Lin R&D Assist. Manager Taiwan
Mr. Min-tsung Sun Assist. Manager Taiwan
Mr. Ming-yu Lee Accountant Taiwan
Mr. Mu-shen Chen Accountant Taiwan
Mr. Roger Tsung-jen Ku Lai Sales Director Taiwan
Mr. Shih-chang Hsu Vice General Manager Taiwan
Mr. Shun-ping Chen Finance Controller Taiwan
Mr. Tsung-lian Lin General Manager Taiwan
Mr. Tzu-hsien Tung Vice General Manager Taiwan
Ms. Carol Kuei-feng Chang Marketing Assistant Taiwan
Ms. Jolene Chia-ying Lee Sales Executive Taiwan
*Key Personnel*
=============
(1) Jonney Chung-tang Shih
Age : 53 years
Date of birth : 12 August, 1952
Education : National Taiwan University
Work experience : More than 20 years
President, ASUSTEK COMPUTER INC (2004)
Responsibilities : Handles the daily operation of the firm including all financials and legal matters.
Resident status : Taiwan
(2) Ms. Carol Kuei-feng Chang
Email : carol_chang@asus.com.tw
(3) Mr. Chih-hsiung Chen
Responsibility : NB Department
(4) Mr. Alexander Tsong-rong Lee
AKA : Alex Lee
(5) Ms. Jolene Chia-ying Lee
Email : jolene-lee@asus.com.tw
(6) Mr. Benson Lin
Responsibility : Asia Pacific Division
(7) Mr. Tsung-lian Lin
Department : Sales Department
*Main Products & Services*
======================
Specializes in manufacturing and distributing computer motherboards and add-on cards for the following
brand names :
- Pentium III
- AMD K6-3
- Pentium II
- AMD K6-2
- Pentium Pro
- Pentium based CPU in AGP, PCI and ISA slot versions
Products also include :
- High resolution graphic cards
- CGA
- EGA
- MGA
- Portable PC
- AGP
Maintains customers, which include top tier OEMs, distributors, VARs and system integrators in over 50 countries and extensive sales network includes over 300 channel partners and industry vendors that offer technical expertise and support to end-users.
Breakdown of revenues as per product:
% Product
----- ------------
40 Motherboard
30 Notebook computer
15 Assembling PlayStation 2 game consoles
15 Electronic components and other products
Products: CD ROM
Computer accessories
Motherboards
Main boards
Point-of-sale products
*Brand*
======
ASUS
Asustek
*Payment Terms*
=============
Sales
-------
Local : 30-60 days credit
Export : Letter of Credit (L/C)
Telegraphic Transfer (T/T)
Purchases
--------------
Local : 30-60 days credit
Import : Letter of Credit (L/C)
Telegraphic Transfer (T/T)
*Detailed Product Specifications*
========================
(1) Product : Ultra-slim M Series Laptop
Features : 1.9 kg ultra-slim notebook that can hold four drives, two internal and two external.
- External drives can be mounted on the PortDock unit, which also serves as an independent CD player when the computer is turned off.
(2) Product : Upgradeable Notebook PC
Model : F7400 Series
Features : Allows users to upgrade the CPU (Central Processing Units) through changing of module.
- Designed for mobile professionals
- Selected for making tactical games management for European Basketball Final Four games in Paris
- Pre-loaded with the following software : - Windows 98
- Lotus SmartSuite
- Encyclopedia
- CD Titles
- Full-sized alphanumeric keyboard with neither soft nor stiff keys, and palm rest.
- Intel Pentium II 400 MHz
- 160MB SDRAM upgradeable to 288MB
- 256 asynchronous cache
- 16K L1 cache
- 56kbps internal modem
- DVD-ROM driver
- 14.1 inches active screen matrix that can support resolutions of 1024x768 colors and 800x600 in 16M colors.
Received the following awards:
Award Date Awarded by
-------------------------------- ----------------- ------------------
Best Performance April 1999 PC Plus
Best Buy April 1999 PC Magazine
A List April 1999 PC Computing
Editor's Choice May 1999 PC Magazine
National Excellence Award & June 2001
AOE Silver Award
Good Design Award (S8 Series) 28 May, 2001
(3) Product : Motherboard
Model : Asus K7V
Features : First motherboard to support 1GHz AMD AthlonTM processors
Model : ASUS(r) P4B
Features : Able to run its FSB at 170MHz reliably in our tests while other boards, with the exact same
components
Received the following awards:
Award
Date
Awarded by
-------------------------------------- --------------------------------- -----------------------------------------
"Editor's
Choice" 10 December, 2001 PC Magazine,
Middle East
"Best Buy
Award" 6
December, 2001 PC World,
Australia
"The Best i845
Motherboard" 18 October, 2001 Computer total, Netherlands
"Best Performance"
Award 13 October, 2001 PC Line, Korea.
in i845 motherboard roundup
"Hardwareinfo.net
Silver 9 October, 2001 Hardwareinfo.net
Award
"Best Buy Prize" in
the 13 September, 2001 Singtao PC Market, Hong Kong
i845 motherboard
roundup"
Editors Choice award for
best 11 September, 2001 AnandTech
Pentium 4 i845 Motherboard
(4) Product : Graphic Cards
Features : Provide user with leading graphics technologies
Most luxuriant video features and most innovative entertainment solutions
Include 3D VR technology, Smart Doctor technology, Live Video apturing and editing, Video
Security, and Time Shifting Digital VCR
(5) Product : Information Appliance
Features : Indispensable personal tools for the future
(6) Product : Server System
Features : Incorporate the most advanced technology to produce high quality, scalable, and reliable platforms that power the most demanding applications.
(7) Product : CD/DVD drives
Features : Incorporate special anti-vibration systems that make the drives stable while reading disc.
Won many performance awards for their fast access times and digital audio extraction rates.
Automatically adjust speeds to the type of data being read
Speed adjustment is programmable through the front panel or software.
(8) Product : ASUS A7V133
Features:
- Best Socket motherboards and should go straight onto the short list of interested buyers - from Hardware Central.
- Great performer for over clocking, stability, had a decent layout, a wonderful manual, plenty of control and options" - from Got|Apex(r).
- Great rating and recommending it highly to anyone looking for an upgrade - reviewed by Amdmb.com.
Received the following awards:
Award Date Awarded by
--------------------------------------------- ------------------------ ------------------------------
"Best Buy
Award" 3 November, 2001 PC
World, Australia
"Best Choice in Quality
category" 31 May, 2001 PC
Active Magazine
(May
issue), Netherlands
Top grade Hardware Award 17 April, 2001 Active Hardware
Gets the well-deserved 3DN
Editors 11 March, 2001
3DnHardware
Choice Award
Highly Recommended Award 30 January, 2001 OCworkbench.com
(9) Product : ASUS A7V266
Received the following awards:
Award
Date Awarded by
------------------------------------------------ ---------------------------- --------------------------------
Received "1.7
rating"
6 November, 2001
GameStar, Germany
Received "Editor's
Choice" 15
August, 2001 Singtao Press
PC Market, Hong Kong
(10) Product : ASUS P4T
Features :
- fastest tested and the most suitable to run at Pentium(r) 4 1.5GHz - from Tom's Hardware Guide
- Accredited by Sharky Extreme
Received the following awards:
Award Date Awarded by
------------------------------------------------ ---------------------------- --------------------------------"PC
Professionale VIP" 26 October, 2001 PC Professionale, Italy
Received "garantie of
quality" 13
August, 2001 PC Achat
Magazine, France
"Top Grade Hardware
Award" 9
August, 2001
Active-Hardware.com
Named "the Pentium 4
board of choice" 22 June,
2001 Source Magazine
Editor's Best Choice 17 December, 2000 LostCircuits
(11) Product : ASUS TUSL2-C
Received the following awards:
Award Date Awarded
by
------------------------------------------------ ---------------------------- --------------------------------"PCW
Recommended Award"
15 October, 2001 PC
World, Romania
"Editor's Choice for
best 3
September 2001 Howpc Magazine,
Korea
speed and stability in the
Motherboard Roundup"
Received "garantie of
quality" 17
August, 2001 PC Achat
Magazine, France
Top Grade Hardware Award 24 January, 2001 Active Hardware
(12) Product: ASUS V8200
Features :
- Have "Strong performance along with the great software bundle, the plethora of ports, and the 3D glasses
comprise a package that's well worth our recommendation." from ZDNet Australia, Australia
Received the following awards:
Award
Date Awarded by
------------------------------------------------ ----------------------------
-------------------------------------------------
"Best Editor's Choice in
the "Ten 29 August,
2001 Singtao Press PC
Market, Hong Kong
GeForce 3 Display Cards Roundup"
"Empfehlung Der
Redaktion 28 August,
2001 PC Professionell,
Germany
Award"
"Best Value"
24 August, 2001 CHIP
Malaysia
Received "Editor's
Choice for the 21 August,
2001 Windows User Magazine,
Middle East
fastest graphics card ever
tested"
"CHIP TIP Power
Award" 10
August, 2001 CHIP TIP
Magazine, Malaysia
Received "The most
flexible GeForce3 19 June,
2001 CHIP Online
card in the test field"
(13) Product :ASUS CUSL2-LS
Received the following awards:
Award Date Awarded by
------------------------------------------------ ----------------------------
-------------------------------------------------
"Fine Product
Award"
3 July & 3 June, 2001 PC
World Magazine, Hungary
Received excellent
performance and 15 December,
2000 FiringSquad
reliability
Editor's Choice 5
December, 2000 Digital Web 3D
Received certification for the following products:
Products Type of Certification Year of Certification
------------------------------------
------------------------------------- ---------------------------
Information Products ISO 9002 1994
ASUS cable modem Cable Labs Certified
Industry 2000
ASUS a7N266-E nForce
based Dolby Digital Logo
Certification 2001
Motherboard
Received awards for the following products:
Products Award Year Awarded by
--------------------------------------
-----------------------------------
--------- -------
Motherboard, notebook, graphics Symbol Excellence Award
2000 China
External trade Relations card, server and DVD-ROM drives
Association (CETRA)
ASUS M8000 Series notebook National Award of Excellence 2000
China External Trade
computer and P3C-D
motherboard Development
Council
ASUS F7440 DVD drive and PC Best Choice by PC Shopper -- ---
Motherboards Magazine
ASUS P3B-F and P5A motherboard Editor's Choice Award -- RUN PC Magazine
V6600 graphics
card and M8336
notebook computer
ASUS P4B266 Won "Editor'
Choicequaot December 2001 Advanced Computing,
Hong Kong
"gewohnte gute
Qualitat mit October 2001 Teccentral, Germany
kleinen Schwachen Award"
ASUS A1 Series "Recommended Notebook in Group September 2001 Computer idea, Spain
Test"
ASUS S8600 Series Won the BENCHMARK GETESTET September 2001 PC Direkt
Award
ASUS CUV4X-DLS dual
Awarded "as the king of SCSI based August 2001
AnandTech
socket
motherboard
boards"
ASUS AGP-V7100 Deluxe
Combo ranked Top 3 of 10 AGP
Boards
ASUS A7M266 High Grade Hardware Award February 2001 Active-Hardware.com.
(14) Product : AP2400R-T server
Award : Computex 2002 Best Choice
Date : 3-7 June, 2002
(15) Product : My Pal A600 PDA
Award : Computex 2002 Best Choice
Date : 3-7 June, 2002
(16) Product : P4B533-E Motherboard
Award : Computex 2002 Best Choice
Date : 3-7 June, 2002
*Deal Making*
===========
(1) Date of deal : N/A
Nature of deal : To manufacture notebook computers for HEWLETT-PACKARD CO
Party involved : HEWLETT-PACKARD CO
Details : The order was the first that Asustek obtained from the world's top five notebook computer makers. The shipment will start at the end of the year.
(2) Date of deal : N/A
Nature of deal : An agreement to pay 13.5 months of the monthly salaries to each worker as severance pay.
Party involved : ASUSTEK Taoyuan plant workers
Details : The employees claimed that the company applied an incorrect formula to calculate serverance pay and therefore damaged their interests. Negotiations steered by the Taoyuan County Government's Bureau of Labor Affairs.
*Production Capacity*
==================
Item Maximum Capacity (pcs / NTD1,000) Current Capacity
(pcs / NTD1,000)
------- ------------------------------------------------- -----------------------
Motherboards 4,000,000 3,536,323
Notebook computer 1,500,000 1,296,364
Computer boards 3,000,000 2,880,935
*Quality Certification*
=================
(1) Type of certification : ISO 14000
Year of certification : 1998
(2) Type of certification : ISO 14001:1998
Issuing authority : Det Norske Vertias (DNV)
Date of certification : 11 November, 1998
Valid until : 11 November, 2004
Approved number : 1300-1998-AE-RGC-RvA
(3) Type of certification : ISO 9001:1994
Issuing authority : Det Norske Veritas (DNV)-Management System Certificate
Date of certification : 1 October, 1999
Valid until : 1 October, 2001
Approved number : 99-RGC-AQ-0173 Rev.2
(4) Type of certification : OHSAS 18001:1999
Issuing authority : Det Norske Veritas (DNV)
Date of certification : 1 October, 1999
Valid until : 1 October, 2002
Approved number : 0021-1999-HSO-RCG-DNV
(5) Type of certification : ODC (No Ozone Depleting Chemicals) Certificate
Date of certification : March 2001
*Exhibition Participation*
====================
Participated in the following local exhibitions :
(1) Exhibition fair : Taipei International Computer Show
Date attended : 5-9 June, 2000
Location : Taipei World Trade Center - Exhibition Hall
(2) Exhibition fair : Taipei International Computer Show 2001
Date attended : 4-8 June, 2001
Location : Taipei World Trade Center - Exhibition Hall
(3) Exhibition fair : Computex Taipei 2002
Date attended : 3-7 June, 2002
Location : Taipei World Trade Center - Exhibition Hall
(4) Exhibition fair : 2003 Taipei International Computer Show (Computex Taipei 2003)
Date attended : 22-26 September, 2003
Location : Taipei World Trade Center - Exhibition Hall (TWTC)
(5) Exhibition fair : IT Month Electronic Exposition
Date attended : 1-9 November, 2003
Location : Taipei World Trade Center - Exhibition Hall (TWTC)
*Associations*
============
Member of the following associations :
- Taipei Computer Association (TCA)
- Taiwan Electrical & Electronic Manufacturers' Association (TEEMA)
*Competitors*
===========
The following locally based firms supply similar range of products/services.
- CHAINTECH COMPUTER CO LTD
- COMPAL ELECTRONICS INC
- ARIMA COMPUTER CORP
- QUANTA COMPUTER INC
- MICRO-STAR INT'L CO
- ELITEGROUP COMPUTER SYSTEMS CO LTD
- GIGA-BYTE TECHNOLOGY CO LTD
- ACARD TECHNOLOGY CORP
- DOMEX TECHNOLOGY CORP
- HON HAI PRECISION INDUSTRY CO
- MITAC INT'L CORP
- TATUNG CO
*Awards*
========
(1) Award : National Award for Excellent Working Environment
Date : July 2001
(2) Award : Won "Best Motherboard Brand"
Awarded by : Tom's Hardware Guide Readers' Choice survey, USA
Date : April 2002
(3) Award : Ranked 23rd WORLDWIDE in Business Week "Infotech 100" in USA
Date : June 2002
(4) Award : Top motherboard company of 2002 in the "Quality Services/Products" category
Awarded by : Far Eastern Economic Review
Date : December 2002
(5) Award : Won 19 "Symbols of Excellence" & 3 nominations for the "National Golden Award of Excellence"
Date : January 2003
*Domestic Raw Materials Suppliers*
============================
Major local suppliers include :
Suppliers' Name Material/Components
---------------------- ------------------------------
- TEST RESEARCH INC TRI Test systems products
- TELEMEDIA SOFTWARE CORP Softwares
- C-MEDIA ELECTRONICS INC Audio chips for
motherboard/system
- ZENITRON CORP Semiconductors
- ELCON INT'L CO LTD Inductance, resistor and other
electronic components
- ACTIF SYSTEMS CORP Softwares
- ACER LABORATORIES INC
- AENEAS ELECTRONICS CO LTD
- CELXPERT ENERGY CORP
- CHAUN CHOUNG TECHNOLOGY CORP
- CHILISIN ELECTRONICS CORP
- CT CONTINENTAL CORP
- EPCO TECHNOLOGY CO LTD
- ETRON TECHNOLOGY INC
- GATETECH TECHNOLOGY INC
- KING CORE ELECTRONICS INC
- SILTRONTECH ELECTRONICS CORP
- WAP INT'L CO LTD
- SINBON ELECTRONICS CO LTD
- TXC CORP
- PSM FASTENERS (ASIA) LTD
- WIESON TECHNOLOGIES CO LTD
- EVERSKILL TECHNOLOGY CO LTD
*Domestic Suppliers*
=================
Major local suppliers include :
(1) Supplier's name : P-TWO INDUSTRIES INC
Product : Connector for CD-ROM drive and NB
(2) Others:
- DYNAMIC ELECTRONICS CO LTD
- LONGWELL CO
*Domestic Customers*
==================
Customer's/Client's name : ASPEED CHANNEL INC
Product/Buying : Computer accessories
*Domestic Agents & Distributors*
==========================
- VOGUE COMPUTER CO
*Local Distribution Network*
=====================
68.53% of the annual turnover is attributed to local sales.
*International Trade Activity*
======================
2001 - Shipped 18 million main boards to China.
2004 - Shipped 2 million OEM notebook computers and 2.88 million brand-name laptops.
*Export Markets*
==============
31.47% of the annual turnover is attributed to export.
Products are exported to the following regions:
Regions % of Exports
----------- ----------------
Europe 35
Asia 35
North America 25
Others 5
*Overseas Suppliers*
=================
Supplier's name : SOFTWARE SYMBIOSIS PTE LTD
Country : Singapore
Materials/Component : Entertainment software
*Overseas Customers*
==================
Major overseas customer for notebook computers include :
(1) Country : USA
Customer's Name : HEWLETT-PACKARD CO
(2) Others:
- APPLE INC
- SONY CORP
- SAMSUNG ELECTRONICS CORP
*International Trade Ranking*
========================
The firm has been ranked among Taiwan's Top Importers/Exporters based on the standard measured by the
Board of Foreign Trade (BOFT)
Details of ranked are as follows :
Year Ranked
----- ----------
1997 12
*LOCAL BRANCHES & MANAGEMENT*
=================================
Branch : ASUSTEK COMPUTER INC (FACTORY 3) - KUEISHAN HSIANG
Branch Address : 5 Hsin Yeh St
Branch Zip : 333
Branch Suburb : Kueishan Hsiang
Branch State : Taoyuan Hsien
Branch Tel : [+886] 3-3196899
Branch Fax : [+886] 3-3197215
Branch : ASUSTEK COMPUTER INC (FACTORY 4) - TAIPEI CITY
Branch Address : 76 Li Kung St
Branch Zip : 112
Branch Suburb : Peitou Dist
Branch City : Taipei City
*(Subsidiaries , Joint-ventures & Affiliates)
===============================
Company Name : AMA CORP
Global Identifier : P0822965
Country : Cayman Islands
Relationship : Subsidiary
Formation : Private
Industry : Financial Services - General
Company Name : ASUS COMPUTER
Global Identifier : P0203832
Address : 8Fl Wai Gao Qiao Free Trade Zone 168 Mei Sheng Rd Shanghai 200131 China
Country : China
Relationship : Subsidiary
Formation : Private
Company Type : Manufacturer
Industry : Computer & Information Products
Company Name : ASUS COMPUTER INT'L
Global Identifier : P0119584
Address : Mowry Business Center Bldg 2 6737 Mowry Ave Newark 94560 California USA
Country : USA
Relationship : Subsidiary
Formation : Private
Company Type : Trader
Industry : Computer & Information Products
Company Name : ASUS HOLLAND BV
Global Identifier : P0203678
Address : Nieuw Amsterdamsestraat 44 Emmen 7814VA Netherlands
Country : Netherlands
Relationship : Subsidiary
Formation : Private
Company Type : Trader
Industry : Computer & Information Products
Company Name : ASUS HOLLAND HOLDING BV
Global Identifier : P0822964
Country : Virgin Islands (British)
Relationship : Subsidiary
Formation : Private
Industry : Financial Services - General
Company Name : ASUS INT'L LTD
Global Identifier : P0364048
Country : Virgin Islands (British)
Relationship : Subsidiary
Formation : Private
Company Type : Trader
Industry : Computer & Information Products
Company Name : ASUSALPHA COMPUTER INC
Global Identifier : P0315984
Address : 4Fl, 150 Li Teh Rd Peitou Dist Taipei City 112 Taiwan
Country : Taiwan
Relationship : Subsidiary
Formation : Private
Company Type : Manufacturer
Industry : Computer & Information Products
Company Name : ASUSCHANNEL CORP
Global Identifier : P0364047
Country : Virgin Islands (British)
Relationship : Subsidiary
Formation : Private
Company Type : Trader
Industry : Computer & Information Products
Company Name : ASUSCOM NETWORK INC
Global Identifier : P0004511
Address : 7Fl, 156 Nanking East Rd Section 5 Sungshan Dist Taipei City 105 Taiwan
Country : Taiwan
Relationship : Affiliate
Formation : Private
Company Type : Manufacturer
Industry : Computer & Information Products
Company Name : ASUSPOWER COMPUTER INC
Global Identifier : P0364050
Address : 4Fl, 150 Li Teh Rd Peitou Dist Taipei City 112 Taiwan
Country : Taiwan
Relationship : Subsidiary
Formation : Private
Company Type : Manufacturer
Industry : Computer & Information Products
Company Name : ASUSTEK COMPUTER GMBH
Global Identifier : P0203796
Address : Harkortstr 25 Ratingen 40880 Germany
Country : Germany
Relationship : Subsidiary
Formation : Private
Company Type : Manufacturer
Industry : Computer & Information Products
Company Name : ASUSTEK HOLDINGS LTD
Global Identifier : P0364049
Country : Cayman Islands
Relationship : Subsidiary
Formation : Private
Company Type : Trader
Industry : Computer & Information Products
Company Name : ATTANSIC TECHNOLOGY CORP
Global Identifier : P0812970
Address : 3Fl, 147 Hsien Cheng 9th Rd Chupei City 302 Hsinchu Hsien Taiwan
Country : Taiwan
Relationship : Subsidiary
Formation : Private
Company Type : Manufacturer
Industry : Computer & Information Products
Company Name : AXUS MICROSYSTEMS INC
Global Identifier : P0072704
Address : 4Fl-2, 18, Lane 609 Chunghsin Rd Section 5 Sanchung City 241 Taipei Hsien Taiwan
Country : Taiwan
Relationship : Subsidiary
Formation : Private
Company Type : Trader
Industry : Computer & Information Products
Company Name : COTEK ELECTRONICS (SUZHOU) CO LTD
Global Identifier : P0364322
Address : 233 Jinfeng Rd Suzhou 215011 Jiangsu China
Country : China
Relationship : Subsidiary
Formation : Private
Company Type : Manufacturer
Industry : Electronic Products & Components
Company Name : ENERTRONIX INC
Global Identifier : P0789819
Address : 4Fl, 150 Li Teh Rd Peitou Dist Taipei City 112 Taiwan
Country : Taiwan
Relationship : Subsidiary
Formation : Private
Company Type : Manufacturer
Industry : Electronic Products & Components
Company Name : FLEXIUM INTERCONNECT INC
Global Identifier : P0123386
Address : 5Fl, 28, Lane 583, Raykwang Rd Neihu Dist Taipei City 114 Taiwan
Country : Taiwan
Relationship : Subsidiary
Formation : Listed
Company Type : Manufacturer
Industry : Electronic Products & Components
Company Name : KINSUS INTERCONNECT TECHNOLOGY CORP
Global Identifier : P0187791
Address : 1245 Junghua Rd Hsinwu Hsiang 327 Taoyuan Hsien Taiwan
Country : Taiwan
Relationship : Subsidiary
Formation : Listed
Company Type : Manufacturer
Industry : Electronic Products & Components
Company Name : SHINEWAVE INT'L INC
Global Identifier : 31525724
Address : 10Fl, 218 Luosfu Rd Section 6 Wenshan Dist Taipei City 116 Taiwan
Country : Taiwan
Relationship : Affiliate
Formation : Private
Company Type : Service
Industry : Computer & Information Products
*OVERSEAS AGENTS AND DISTRIBUTORS*
====================================
Agent : POS - POS PTY LTD
Global Identifier : P0302798
Country of Origin : Australia
Product Description : Point-of-sale products
Brand : Asus
Year : 2001
Agent : WIRED SYSTEMS CORP
Global Identifier : P0060913
Country of Origin : Philippines
Product Description : Computer peripherals
Brand : Asus
Agent : ESYS DISTRIBUTION PTE LTD
Global Identifier : P0324570
Country of Origin : Singapore
Product Description : Optical storage
Brand : Asustek
Year : 2003
Agent : RENAISSANCE CORP LTD
Global Identifier : 30905188
Country of Origin : New Zealand
Product Description : Computer accessories
Brand : ASUS
Year : 2001
Agent : MORNING STAR COMPUTER LTD
Global Identifier : P0206278
Country of Origin : New Zealand
Product Description : Hard disk drives (HDD)
Brand : ASUS
Agent : WON YANG MEDIA CORP
Global Identifier : 31332486
Country of Origin : South Korea
Product Description : Computer products
Brand : Asustek
Year : 2001
Agent : WIRED SYSTEMS CORP
Global Identifier : P0060913
Country of Origin : Philippines
Product Description : Notebook computers
Brand : Asus
Agent : HEXON TECHNOLOGY PTE LTD
Global Identifier : P0228077
Country of Origin : Singapore
Product Description : Motherboards
Brand : Asustek
Year : 1991
Agent : AB SA
Global Identifier : P0741363
Country of Origin : Poland
Product Description : Computer components
Brand : ASUS
Year : 1997
Agent : AB SA
Global Identifier : P0741363
Country of Origin : Poland
Product Description : Graphic cards
Brand : Asus
Year : 2001
Agent : AB SA
Global Identifier : P0741363
Country of Origin : Poland
Product Description : Notebooks
Brand : Asus
Year : 1997
Agent : AB SA
Global Identifier : P0741363
Country of Origin : Poland
Product Description : Motherboards
Brand : Asus
Year : 1997
Agent : AB SA
Global Identifier : P0741363
Country of Origin : Poland
Product Description : Computer peripherals
Brand : Asus
Year : 1997
Agent : MICROSTAR COMPUTER (SAOKIM) CO LTD
Global Identifier : P0094869
Country of Origin : Vietnam
Product Description : Chipsets
Brand : ASUS
Year : 2002
Agent : BANBROS COMMERCIAL INC
Global Identifier : T0001592
Country of Origin : Philippines
Product Description : Personal computers
Brand : Asustek
Year : 1999
PAYMENT RATING : 1 OBTAINED SCORES :
90
|
Rating Key |
Implication |
Implications |
|
1 |
Scores 85–100 |
Excellent |
|
2 |
Scores 75 – 84 |
Above Average |
|
3 |
Scores 50 – 74 |
Average |
|
4 |
Scores 35 – 49 |
Fair |
|
5 |
Scores 15 – 34 |
Below Average |
|
6 |
Scores 01 – 14 |
Poor |
|
NR |
No Data |
No Data |
The rating
indicates the payment pattern of SC based upon our Payment Database, comments
from suppliers of SC, information from banks (if available), as well as
industrial sources.
Dealings on
open terms may be possible for LARGE amounts depending on individual judgement
experience.
Bank: BANK OF TAIWAN
Bank: LAND BANK OF TAIWAN
BALANCE SHEET
Currency :
NTD
Denomination : in thousands
2000 2001 2002
2003 2004 2005 31 March, 2006
------ ------ ------
------ ------ ------ --------------------
Current Assets
49,146,937 55,711,095 46,101,838 38,216,733
50,357,809 117,694,105 104,636,131
Funds & long-term
investments 9,312,941 20,476,796
30,521,655 47,443,560 63,341,205 71,505,806 81,034,559
Property 5,225,096 6,837,049
7,634,222 8,139,182 9,047,880 8,720,196
8,679,029
Intangible Assets
Other Assets 535,574
842,325 676,950 657,873 1,204,496 1,646,016 2,524,915
Total Assets
63,536,066 76,564,293 77,902,697 89,604,891 110,744,321
199,566,123 196,874,634
Current Liabilities
(Before) 9,170,188 10,713,358
11,005,622 14,064,536 16,798,888 84,294,984
71,448,959
(After) 14,284,374 19,786,179
13,947,088 17,947,067
Long-term Liabilities
10,131,233 10,091,538 6,647,726
Other Liabilities 204,722
246,557 448,139 1,013,223 743,731
1,147,750 1,455,080
Total Liabilities
(Before) 9,374,910 10,959,915 11,453,761 15,077,759
27,673,852 95,534,272 79,551,765
(After) 14,489,096 20,032,736 14,395,227 18,960,290
Common stock
15,671,040 19,768,800 19,988,800
22,817,400 25,529,140 29,245,209 30,400,638
Capital Reserve 6,949,858 6,951,123
6,957,351 6,950,171 6,946,025 12,435,714
21,495,829
Retained Earnings
(Before) 31,299,526 38,277,061
39,001,994 44,800,930 53,124,994 62,965,499
65,809,221
(After) 22,087,580 28,984,240 33,231,928 38,206,659
Total Shareholder's
Equity
(Before) 54,161,156 65,604,378
66,448,936 74,527,132 83,070,469 104,031,851
117,322,869
(After) 49,046,970 56,531,557
63,507,470 70,644,601
INCOME STATEMENT
Currency :
NTD
Denomination : in thousands
2000 2001 2002
2003 2004 2005 31 March, 2006
------ ------ ------
------ ------ ------ --------------------
Operating revenue
70,731,487 77,945,167 82,557,752 74,429,781
78,053,128 182,500,295 72,565,970
Gross Profit
16,472,888 17,863,910 13,217,885 12,705,536
13,631,284 23,014,316 4,214,286
Operating Income
13,700,967 13,968,589 7,300,754 4,900,551 5,043,818 11,079,873 917,299
Non-operating
income 2,708,822 2,637,506 3,975,665
8,003,464 11,251,350 9,394,559 3,869,792
Non-operating
expense 285,864 312,409 516,017 409,898 291,622
1,120,977 4,417
Net Income
15,645,549 16,189,481 10,027,704 11,570,336
15,098,926 17,274,958 4,216,017
Earnings (losses)
per share 9.98 8.19
5.02 5.07 5.91 5.84
1.31
*Financial History*
===============
April 2002 - Reported that it fell NTD 5 or 3.5% to NTD 139.50.
20 May, 2003 - Reported that sales for the month of April fell by more than 15%.
*Financial Summary (Currency: U.S. $'s)
==============================
Year Sales Assets Net Income
1999 $1,531,208,500.00 $1,520,171,968.75 $446,398,406.25
2000 $2,200,046,251.94 $1,976,238,444.79 $486,642,270.61
2001 $2,261,902,698.78 $2,221,830,905.40 $469,805,020.31
2002 $2,373,031,100.89 $2,239,226,703.08 $288,235,240.01
2003 $2,146,187,456.75 $2,583,762,716.26 $333,631,372.55
2004 $2,347,462,496.24 $3,330,656,270.68 $454,103,037.59
2005 $5,766,202,053.71 $6,305,406,729.86 $545,812,259.08
*Int´l Trade Activity (Currency: U.S. $'s)
==============================
Year Imports Exports Total
2001 $710,098,665.12 $1,788,740,568.78 $2,498,839,233.90
2002 $723,771,198.62 $1,594,998,562.81 $2,318,769,761.43
2003 $929,354,094.58 $1,684,832,756.63 $2,614,186,851.21
2004 $1,091,127,819.55 $1,899,849,624.06 $2,990,977,443.61
2005 $1,271,721,958.93 $1,815,165,876.78 $3,086,887,835.71
*Financial Ratios*
===============
2000 2001 2002 2003
2004
------ ------ ------
------ ------
Ratio of liabilities to Assets % 14.75
14.31 14.7 16.83 24.99
Ratio of long-term capital to fixed
Assets %
1,036.56 959.54 870.41 915.66
1,030.09
Current ratio % 535.94 520.02 418.89
271.72 299.77
Quick ratio % 457.68 451.07 348.40
198.78 242.51
Interest coverage 1,330.59 1,471.95
839.56 2,110.42 3,456.00
Turnover of receivable (times) 13.41
10.40 9.02 7.34 7.67
Average collection period of
receivable
27 35.00 40.00 50.00 48.00
Turnover of inventories (times) 8.43
8.19 8.94 6.67 6.40
Turnover of expense (times) 9.68 8.29
8.98 7.42 6.74
Average days of sales 43 45.00
41.00 55.00 57.00
Turnover of fixed assets (times) 13.54
11.40 10.81 9.14 8.63
Turnover of total assets (times) 1.11
102.00 1.06 0.83 0.70
Return on total assets % 27.91 23.13
13.00 13.82 15.08
Return on shareholder's Equity % 32.46
27.04 15.19 16.41 19.16
Operating Income 87.43 70.66
36.52 21.48 19.76
Net Income before tax 102.89 82.42 53.83 54.76
62.69
Profit margin % 22.14 20.77 12.15
15.55 19.34
Retroactive 9.98 8.19
5.02 5.07 5.91
Cash flows ratio % 165.20 82.75
72.71 53.34 (23.49)
Cash flows adequacy % 188.58 154.88
112.09 76.05 57.22
Cash reinvestment ratio % 22.44 7.38 0.14
6.48 (7.69)
Degree of operating leverage 1.19 1.22
2.89 1.92
1.82
Degree of financial leverage 1.00 1.00 1.00
1.00 1.00
Over the past 16 years, SC has made a stable growth with satisfactory profit. We consider a credit line up to USD 5,000,000 appears to be within SC’s capacities.
Attached: trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code
Product/Service Description
Exporting 3577 Computer peripheral equipment, and parts,
Importing 7372 Prepackaged Software
Manufacturing 3572 Computer storage devices
Manufacturing 3577 Computer peripheral equipment, and parts,
Manufacturing 3669 Other communications equipment, and parts,
Manufacturing 3672 Printed circuit boards
Manufacturing 5045 Computers Equip/Software
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Exporting 4202 Travel goods, handbags, wallets, jewelry cases etc
Exporting 8470 Calculating & account machines, cash registers etc
Exporting 8523 Prepared unrecorded media (no film) for sound etc.
Exporting 8528 Television receivers (incl monitors & proj receivers)
Importing 3926 Articles of plastics (inc polymers & resins)
Importing 4911 Printed matter nesoi, incl print pictures & photos
Importing 8414 Air or vacuum pumps, compr & fans; hoods & fans; parts
Importing 8419 Machinery etc for temp change treat mat; w heat, parts
Importing 8431 Parts for machinery of headings 8425 to 8430
Importing 8443 Printing machinery; machines ancil to printing, parts
DETAILED PRODUCT CLASSIFICATION & ACTIVITY
Activity Product/Service
Description
Exporting Notebook computers
Importing Connectors
Importing IC
Importing Hard disk drives (HDD)
Importing Entertainment software
Manufacturing ADSL
Manufacturing Add-on cards
Manufacturing Audio box
Manufacturing CD ROM drives
Manufacturing Cable modems
INTERNATIONAL TRADE: ACTIVITY & MARKETS
Exporting to Africa
Exporting to Algeria
Exporting to Argentina
Exporting to Asia
Exporting to Australia
Exporting to Austria
Exporting to Bahrain
Exporting to Bangladesh
Exporting to Belgium
Exporting to Bostwana
Exporting to Brazil
Exporting to Brunei
Exporting to Cambodia
Exporting to Canada
Exporting to Chile
Exporting to China
Exporting to Colombia
Exporting to Costa Rica
Exporting to Cuba
Exporting to Cyprus
Exporting to Czech Republic
Exporting to Denmark
Exporting to Dominican Rep.
Exporting to Ecuador
Exporting to Egypt
Exporting to El Salvador
Exporting to Estonia
Exporting to Europe
Exporting to Fiji
Exporting to Finland
Exporting to France
Exporting to Germany
Exporting to Ghana
Exporting to Greece
Exporting to Guatemala
Exporting to Haiti
Exporting to Hong Kong
Exporting to Hungary
Exporting to India
Exporting to Indonesia
Exporting to Iran
Exporting to Iraq
Exporting to Ireland
Exporting to Israel
Exporting to Italy
Exporting to Japan
Exporting to Jordan
Exporting to Kuwait
Exporting to Laos
Exporting to Latvia
Exporting to Libya
Exporting to Luxembourg
Exporting to Macau
Exporting to Malaysia
Exporting to Maldives
Exporting to Mali
Exporting to Mauritius
Exporting to Mexico
Exporting to Middle East
Exporting to Mozambique
Exporting to Myanmar
Exporting to Nepal
Exporting to Netherlands
Exporting to New Zealand
Exporting to Nigeria
Exporting to North America
Exporting to North Korea
Exporting to Norway
Exporting to Oceania
Exporting to Oman
Exporting to Pakistan
Exporting to Panama
Exporting to Papua New Guinea
Exporting to Peru
Exporting to Philippines
Exporting to Poland
Exporting to Portugal
Exporting to Puerto Rico
Exporting to Qatar
Exporting to Russia
Exporting to Samoa
Exporting to Saudi Arabia
Exporting to Singapore
Exporting to Slovak Republic
Exporting to Slovenia
Exporting to South Africa
Exporting to South America
Exporting to South Korea
Exporting to Spain
Exporting to Sri Lanka
Exporting to Sudan
Exporting to Sweden
Exporting to Switzerland
Exporting to Syria
Exporting to Thailand
Exporting to Tunisia
Exporting to Turkey
Exporting to UAE
Exporting to USA
Exporting to Uganda
Exporting to Ukraine
Exporting to United Kingdom
Exporting to V.I. (British)
Exporting to V.I. (USA)
Exporting to Vanuatu
Exporting to Venezuela
Exporting to Vietnam
Exporting to Yemen
Exporting to Zimbabwe
Importing from Africa
Importing from Algeria
Importing from Argentina
Importing from Asia
Importing from Australia
Importing from Austria
Importing from Bahrain
Importing from Bangladesh
Importing from Belgium
Importing from Bostwana
Importing from Brazil
Importing from Brunei
Importing from Cambodia
Importing from Canada
Importing from Chile
Importing from China
Importing from Colombia
Importing from Costa Rica
Importing from Cuba
Importing from Cyprus
Importing from Czech Republic
Importing from Denmark
Importing from Dominican Rep
Importing from Ecuador
Importing from Egypt
Importing from El Salvador
Importing from Estonia
Importing from Europe
Importing from Fiji
Importing from Finland
Importing from France
Importing from Germany
Importing from Ghana
Importing from Greece
Importing from Guatemala
Importing from Haiti
Importing from Hong Kong
Importing from Hungary
Importing from India
Importing from Indonesia
Importing from Iran
Importing from Iraq
Importing from Ireland
Importing from Israel
Importing from Italy
Importing from Japan
Importing from Jordan
Importing from Kuwait
Importing from Laos
Importing from Latvia
Importing from Libya
Importing from Luxembourg
Importing from Macau
Importing from Malaysia
Importing from Maldives
Importing from Mali
Importing from Mauritius
Importing from Mexico
Importing from Middle East
Importing from Mozambique
Importing from Myanmar
Importing from Nepal
Importing from Netherlands
Importing from New Zealand
Importing from Nigeria
Importing from North America
Importing from North Korea
Importing from Norway
Importing from Oceania
Importing from Oman
Importing from Pakistan
Importing from Panama
Importing from Papua New Guinea
Importing from Peru
Importing from Philippines
Importing from Poland
Importing from Portugal
Importing from Puerto Rico
Importing from Qatar
Importing from Russia
Importing from Samoa
Importing from Saudi Arabia
Importing from Singapore
Importing from Slovak Republic
Importing from Slovenia
Importing from South Africa
Importing from South America
Importing from South Korea
Importing from Spain
Importing from Sri Lanka
Importing from Sudan
Importing from Sweden
Importing from Switzerland
Importing from Syria
Importing from Thailand
Importing from Tunisia
Importing from Turkey
Importing from UAE
Importing from USA
Importing from Uganda
Importing from Ukraine
Importing from United Kingdom
Importing from V.I. (British)
Importing from V.I. (USA)
Importing from Vanuatu
Importing from Venezuela
Importing from Vietnam
Importing from Yemen
Importing from Zimbabwe
RATING EXPLANATIONS
RATING
|
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely
sound financial base with the strongest capability for timely payment of
interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate
working capital. No caution needed for credit transaction. It has above
average (strong) capability for payment of interest and principal sums |
Large |
|
56-70 |
A |
Financial &
operational base are regarded healthy. General unfavourable factors will not
cause fatal effect. Satisfactory capability for payment of interest and
principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is
considered normal. Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable
factors carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
|
11-25 |
Ca |
Adverse factors are
apparent. Repayment of interest and principal sums in default or expected to
be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk
exists. Caution needed to be exercised |
Credit not recommended |