MIRA INFORM REPORT

 

 

 

Report Date :

17.07.2008

 

IDENTIFICATION DETAILS

 

Name :

TATUNG CO

 

 

Registered Office :

22 Chung Shan North Rd Section 3, Chungshan Dist Taipei City 104

 

 

Country :

Taiwan

 

 

Financials (as on) :

2007

 

 

Date of Incorporation :

11.04.1950

 

 

Com. Reg. No.:

11026506

 

 

Legal Form :

Public Listed Company

 

 

Line of Business :

Manufacture of Consumer Electrical Appliances, Consumer Electronic Appliances, Industrial Electrical & Electronic Parts & Components, IT Products and Office Furniture

 

RATING & COMMENTS

 

MIRA’s Rating :

Aa

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Maximum Credit Limit :

USD 15,000,000

 

 

Status :

Excellent

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Exists

 

Name & ADDRESS                                          

          

TATUNG CO 

22 CHUNG SHAN NORTH RD SECTION 3

CHUNGSHAN DIST TAIPEI CITY 104, TAIWAN

TEL: 886-2-25925252    FAX: 886- 2-25915185

 

 

EXECUTIVE SUMMARY

 

INCORPORATION DATE            : APRIL 11, 1950

REGISTRATION NO.                  : 11026506

LEGAL FORM                           : PUBLIC LISTED COMPANY

CHIEF EXECUTIVE                    : MR. WEI-SHAN LIN (CHAIRMAN)

STAFF STRENGTH                    : 4,302

CAPITAL                                   : US$ 1,642,036,125

BUSINESS LINE                        : MANUFACTURER

TURNOVER                              : NTD 43,072,137,000 (AS OF 2007)

EQUITIES                                 : NTD 44,243,082,000 (AS OF 2007)

PAYMENT                                : ABOVE AVERAGE

RECOMM. CREDIT RANGE       : UP TO USD 15,000,000

MARKET CONDITION                : COMPETITIVE

FINANCIAL CONDITION             : FAIRLY STABLE

OPERATIONAL TREND  : STEADY

GENERAL REPUTATION           : AVERAGE

EXCHANGE RATE                     : TWD 30.38914 = US$1

 

 

Adopted abbreviations

 

ANS - amount not stated           

NS - not stated 

SC - subject company (the company inquired by you)

NA - not available          

M - million        

TWD –Taiwan New Dollars

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rounded Rectangle: HISTORY 

 

 

 


*Company History*

===============

1947                     - Establishment of TATUNG Welfare Committee of Employees.

1949                     - Begun production to high quality electric fans.

1954                     - Exported TATUNG electric fans to the Philippines.

1956                     - Company visit of President Chiang Kai-Shek and Vice President Chen Cheng. 

1957                     - Became a listed company in Taiwan Stock Exchange, issued preferred stocks, shareholders    

                               exceeding 3,000.

1959                     - Formation of TATUNG Industrial Union.

1960                     - Ground breaking of Heavy Electric Apparatus Plant.

                             - Started production of refrigerators.

                             - Started production of automatic steamers.

1964                     - Completion of TV Plant & Air-conditioner Plant.

1965                     - Organized the furniture division.

1966                     - Formation of TATUNG ELECTRONICS CO.

1968                     - Production of 5000HP motors.

                             - Exported TATUNG electric fans to Japan.

1969                     - Production of CTV sets.

1970                     - Department of Chemical Engineering of TATUNG TECHNOLOGY was established.

1971                     - Production of 10000HP synchronous motors & 70000KVA transformers.

1972                     - Construction of Talong Plant and Shanhsia plant begun.

1978                     - Selected by IBM as an OEM producer of monitor displays.  It is no longer producing for

                               IBM, but currently produces monitors under OEM agreement for ZENITH and TAIWAN

                               VIDEO & MONITOR CORP (TVM) among others.

                             - Celebrated 60th Anniversary.

1982                     - TATUNG VTR-VHR 1031 & VHR-1032 & VHR-1042 launched on the market.

1984                     - TATUNG's Silicon Wafer Center started the production of 2.5" wafers from self-made silicon

                                ingot.

1987                     - Main productions included refrigerators, electric fans, TV sets, motors, elevators,

                                telecommunication equipment, wire & cable, micro-computers.

1988                     - Began the production facsimile machines. The machines are produced through TAIWAN

                               TELECOMMUNICATIONS INDUSTRIAL CO LTD and are sold under the brand name             

                               "MYFAX." 

Mid-1989            - Actively seeking to sell its 10-storey, 1440 square foot Te Yi Building.  A sale price of

                               NT$1.65 billion was targeted by TATUNG. 

1990's                  - The company's entrance into the real estate service industry will be marked by the

                               development of its 1800 square foot Chung Ho Plant into a general commercial center.

                             - MTS Karaoke audio-visual TV recorders took the lead in the market.

                             - MARINER 4I & SUN integrated computer workstations were introduced to the market.

23 April, 1993     - Inauguration of new Wire Plant of Taoyuan 2nd Plant of industrial equipment.

November 1993 - Seven local Taiwan computer companies had joined together in a computer consortium to

                               develop and promote Power PC-based computer systems jointly developed by IBM and

                                Motorola. The initial members of the consortium were TATUNG, MITAC, DATATECH and

                                UNITED MICROELECTRONICS CORP.

1998                     - Launched TVD-2100 a DVD player with 3D & 2K Functions.

December 1998  - Supporting the construction of Kuanyin Plant of its subsidiary.

September 1998 - Held a photography contest to celebrate the 80th foundation anniversary of the company.    

                               The exhibition was held in Tatung Technological Institute in Chungshan North Rd Taipei.

2004                     - Launched the second own brand ELIO.

2005                     - Started construction of the facilities located in Binh Duong, southern Vietnam.

2005                     - Consolidated Tatung's Desktop PC Business Unit with Elitegroup Computer Systems (ECS),

                               making Tatung the largest shareholder of ECS .

                             - Granted the "Industrial Sustainable Excellence Award" by the Industrial Development

                               Bureau of the Ministry of Economic Affairs.

                             - Established TATUNG WIRE & CABLE TECHNOLOGY (WUJIANG) CO in China.

2006                     - Green Energy Technology started trading on the emerging stock market

                             - Tatung Consumer Product Co. initiated the "Flagship Plan" nationwide for big outlets and

                               diversified products that centered upon its unparalleled professional service

                             - The Urban Renewal Project by Shan Chih Asset Development was approved by Taipei City

                                Government for its contribution towards Datong District, in which a community activity

                                centre would be built for the locals

2007                     - Industrial Appliance Business Unit was rewarded the "Corporate of Sustainability and

                               Excellence Award" by Taoyuan County Government

                             - Invested in Proview, headquartered in Hong Kong, to expand the worldwide productivity of

                               LCD monitors and LCD TVs

                             - Established TATUNG INFOCOMM CO, which obtained a commercial WiMAX license to be

                               qualified as an operator for Southern Taiwan

                             - TATUNG VIETNAM CO began mass production of big and small home appliances

                             - SHAN CHIH SEMICONDUCTOR CO started trading on the emerging stock market on 15th

                               October

                             - FORWARD ELECTRONICS invested in APOLLO SOLAR ENERGY CO to expand its scope

                               into the market of solar cell module

                             - CHUNGHWA PICTURE TUBES invested in GIANTPLUS TECHNOLOGY CO to extend its

                               business further into panels and modules of small and medium sizes for a total solution

                               service

2008                    - GREEN ENERGY TECHNOLOGY was listed on the Taiwan Stock Exchange on 25th January

                            - Established TATUNG ELECTRIC TECHNOLOGY (VIETNAM) CO for the manufacturing and

                              sales of wire and cable products

                            - SHAN CHIH ASSET DEVELOPMENT CO introduced the masterpiece of its housing projects

                              - "Go Beyond" to commemorate Tatung's 90th anniversary 

 

*Company Registration*

===================

License number        : 11026506

Date issued               : 11 April, 1950

Issuing authority     : Ministry of Economic Affairs (MOEA)

 

Branch Registration

---------------------------

(1)

License number     :  80358542

Date issued            : 22 April, 2003

Issuing authority   : Ministry of Economic Affairs (MOEA)

Type of license      : Taipei Branch license

 

(2)

License number     :  65016906

Date issued            : 18 April, 1996

Issuing authority   : Ministry of Economic Affairs (MOEA)

Type of license      : Chiayi Branch license

 

(3)

License number     :  58018400

Date issued            : 10 May, 1988

Issuing authority   : Ministry of Economic Affairs (MOEA)

Type of license      : Changhua Branch license

 

 

(4)

License number     :  51007379

Date issued            : 10 May, 1988

Issuing authority   : Ministry of Economic Affairs (MOEA)

Type of license      : Taichung Branch license

 

(5)

License number     :  46005817

Date issued            : 26 September, 1986

Issuing authority   : Ministry of Economic Affairs (MOEA)

Type of license      : Hsinchu Branch license

 

(6)

License number     :  75006569

Date issued            : 26 September, 1986

Issuing authority   : Ministry of Economic Affairs (MOEA)

Type of license      : Kaohsiung Branch license

 

(7)

License number     : 90012800

Date issued            : 22 August, 1969

Issuing authority   : Ministry of Economic Affairs (MOEA)

Type of license      : Pingtung Branch license

 

(8)

License number     : 71006552

Date issued            : 22 August, 1969

Issuing authority   : Ministry of Economic Affairs (MOEA)

Type of license      : Yungkang Branch license

 

(9)

License number     : 71006552

Date issued            : 22 August, 1969

Issuing authority   : Ministry of Economic Affairs (MOEA)

Type of license      : Yungkang Branch license

 

*Capital Details*

=============

Capital increases as follows :

Year                    Amount (NTD)

------                    ---------------------

1988                  7,000,000,000.00

1996                18,600,000,000.00

2000                33,400,000,000.00

  -                     41,981,420,000.00

  -                     44,100,000,000.00

  -                     50,000,000,000.00

 

Paid-up capital       : NTD 43,487,071,700.00

 

*Licenses & Permits*

================

(1)

License number    : 9960485500

Date issued           : 25 May, 1974

Issuing authority  : Industrial Development Bureau, MOEA

Type of license     : Factory license

 

(2)

License number    : 9960434200

Date issued           : 25 February, 1971

Issuing authority  : Industrial Development Bureau, MOEA

Type of license     : Factory license

 

(3)

License number    : 6302117801

Date issued           : 1 October, 1976

Issuing authority  : Industrial Development Bureau, MOEA

Type of license     : Factory license

 

(4)

License number    : 9962586300

Date issued           : 15 July, 1980

Issuing authority  : Industrial Development Bureau, MOEA

Type of license     : Factory license

 

(5)

License number    : 9962576201

Date issued           : 31 July, 1979

Issuing authority  : Industrial Development Bureau, MOEA

Type of license     : Factory license

 

(6)

License number    : 9962118501

Date issued           : 15 August, 1980

Issuing authority  : Industrial Development Bureau, MOEA

Type of license     : Factory license

 

(7)

License number    : 9966625300

Date issued           : 11 August, 1992

Issuing authority  : Industrial Development Bureau, MOEA

Type of license     : Factory license

 

(8)

License number    : 9969722200

Date issued           : 29 November, 2007

Issuing authority  : Industrial Development Bureau, MOEA

Type of license     : Factory license

 

(9)

License number    : 6302008501

Date issued           : 15 January, 1955

Issuing authority  : Industrial Development Bureau, MOEA

Type of license     : Factory license

 

*Licensing Agreements*

===================

Maintains OEM Agreement from the following companies :

 

 

 

 

Year           Company Name                                     Products                                     Plant

------     ---------------------                                         -------------                                    -------

1978     IBM                                                             Monitor Displays                          -

1992     ZENITH CORP                                           Monitors                                         -

1992     TAIWAN VIDEO & MONITOR CORP    Monitors                                         -

   -        TOSHIBA CORP                                         Electrical appliances                     -

   -        XEROX (USA) CORP                                 Copy Machines assemblies       Copy machines Center 

 

*Office & Facilities*

================

Size                         : 31,400 sq. ft. (Approx.)

Location              : Taipei City

Facilities                : Computerized meeting rooms and board room

Property status    : Rented

Type of building  : Industrial

Comments             : - Serves as office, factory and warehouse.

                                  - Well decorated and professionally layout

 

Other Contact Details:

------------------------------

Fax no.    : 2-25950273

E-mail      : - tvsl@thq.tatung.com.tw

                   - webmaster@tatung.com

Website : www.tatungwebpad.com

 

Previous Contact Details

-----------------------------------

Address : 55 Min Chuan West Rd, Taipei Taiwan

Tel no.    : 2-5921171 

 

*Factories Sizes & Location*

======================

(1)

Size                           : 143,494 sq. meter (Approx)

Location                  : Taipei Hsien

Type of building    : Industrial building

 

(2)

Size                           : 10,238 sq. meter (Approx)

Location                  : Taipei Hsien

Type of building    : Industrial building

 

(3)

Size                           : 8,455 sq.meter (Approx)

Location                  : Taipei City

Type of building    : Industrial building

 

(4)

Size                           : 117,627 sq. meter (Approx)

Location                  : Taipei City

Type of building    : Industrial building

 

(5)

Size                           : 39,364 sq. meter (Approx)

Location                  : Taoyuan Hsien

Type of building    : Industrial building

 

(6)

Size                           : 20,940 sq.meter (Approx)

Location                  : Taoyuan Hsien

Type of building    : Industrial building

 

(7)

Size                           : 69,775 sq.meter (Approx)

Location                  : Taoyuan Hsien

Type of building    : Industrial building

 

(8)

Size                           : 746 sq.meter (Approx)

Location                  : Pingtung Hsien

Type of building    : Industrial building

 

(9)

Size                           : 1440 sq.meter (Approx)

Location                  : Taipei Hsien

Type of building    : Industrial building

 

The following chart illustrates the organization of TATUNG's local factories:

1) TAIPEI PLANT

      *Watt hour Meter Center

      *Printer Center

      *Copy machine Center

 

  Components Plant

      *Pressing Parts Center

      *Tool & Molds Center

      *Plastics Center

      *Semi-conductor Center

      *Silicon Center

      *Processing Center

      *Machinery Center

      *Graphic Arts Center

 

2) VTR PLANT

      *New Product Development Center

      *VTR Center

      *Precision Parts Center

 

3) ELECTRONICS GENERAL PLANT

      *Electronics Design Division

      *Electronic Parts Center

      *Monitor Center

      *Plasma Display Center

        Talong Plant

      *TV Center

      *Plastics Center

 

4) COMPUTER PLANT

      *Computer Development & Design Center

      *Computer Parts Center

 

5) PEITOU PLANT

      *Computer Center

      *Audio Center

   Domestic Subsidiaries

      *TATUNG PRECISION METER CO.

      *TATUNG CONAIR CO.

      *TATUNG QUARTZ CO.

 

6) ELECTRONIC COMPONENTS PLANT

      *Magnet Center (Sanhsia Plant)

      *Chemical Materials Center (1st Industrial Plant)

      *TATUNG FUJIDENKA CO.

 

7) PANCHIAO PLANT

      *Refrigerator Center

      *Washing Machine Center

      *Compressor Center

      *Microwave Oven Center

      *Electric Fan Center

      *Automatic Cookers Center

      *Plastics Center

      *Tooling Center

      *Metal Center

      *Process Center

 

8) SANHSIA PLANT

   Motor Plant

      *Small Motor Center

      *Large Motor Center

      *Taoyuan's Center

      *Taichung's Center

      *Machine Tool Center

      *Steel Casting Center

      *Iron Casting Center

      *Hydroelectric Power Generation Division

   Domestic Subsidiaries

      *TATUNG DIE CASTING CO.

      *TATUNG OTIS ELEVATOR CENTER

 

9) TAOYUAN'S FIRST PLANT OF HOME APPLIANCES

      *Small Air-conditioner Center

      *Large Air-conditioner Center

      *Furniture Center

 

10) TAOYUAN'S FIRST PLANT OF INDUSTRIAL EQUIPMENT

      *Heavy Electric Apparatus Center

      *Distribution Panel Center

 

11) TAOYUAN'S SECOND PLANT OF INDUSTRIAL EQUIPMENT

      *Telecommunication Cable Center

      *Wire Center

      *Motor Plant Branch Center

      *Power Cable Center (Chungho Plant)

 

 

 

Maintains the following plants that manufacture the following products :

Plant Name                               Products

----------------                                 -----------

Components Plant                       Die-casting and plastic components for home appliances, electronic products

                                                    and business machines.

Semi Conductor Laboratory        Integrated circuits and computer aided -design software.

Silicon Center                              FZ and CZ silicon single crystal ingots and various silicon wafers for                  

                                                    semi-conductor electronics devices.

Electronic Parts Plant                 Printed circuit boards, electronic transformer, antennae boards, degaussing

                                                   coils, Flyback transformers and switching mode power supply.

Monitor Plant                              Color monitors for personal computer

TV Center                                   Color TV ranging in size from 6 to 37 inches and color monitor ranging from 5

                                                   to 20 inches.

Tatung Plastic Center                 Plastic component for electronic products such as monitors, TVs, audio

                                                    products and computer peripherals.

VTR Plant                                  VHS and BETA video tape recorder, microwave ovens, Winchester disk drives.

Peitou Plant Computer Center   PCs terminals, monitors and 32 bit microcomputer.

Magnet Center                           Magnets for electronics, electrical and mechanical industries, audio speaker,

                                                   earphones, speedometer, watt-hour meters, stepping motors, magnetic tables

                                                   and magnetic tools.

Chemical Material Center          Copper film laminated and insulating varnish

Pan Chiao Plant                        Refrigerators and home appliances

Taoyan 1st plant                        Power transformers, furnace transformers, distribution transformers, dry-type 

                                                   transformers, pad-mounted transformers, rectifier transformers, reactors,

                                                   potentials transformers, current transformers and overhead transformers.

Distribution Center                     Designs and construct substation distribution systems and high-low voltage

                                                   distribution panel.

Furniture Center                        Office Furniture, workstation, chairs with adjustable, 4 different size portable

                                                   walls used for office partition.

 

 *Corporate & Organization Structure*

=============================

Organizational Chart

---------------------------

                                  Shareholder's Meeting

                                                     |

                                     Board of Directors

                                                      |

                                   Chairman of the Board

                                                      |

                                              President

                                                       |

                                          Vice-president

                                                       |

                                    Management Conference

                                                       |

            -------------------------------------------------------------------

           |                                                 |                                       |

      Production                           Domestic                      Overseas

        Plants                               Subsidiaries                 Subsidiaries                

 

Mapped out plans to diversify into the financial services and high technology fields. All operations will be realigned into 3 groups:

 

1.) Traditional businesses - comprise household appliances, consumer electronics, and heavy-duty electrical equipment.

2.) High-technology industries

3.) Financial services

 

Note  : Late 1989 - Part of these operations was transferred to Southeast Asian countries.

 

*Deal Making*

============

(1)

Date of Signing  : October 1989

Parties Involved : TATUNG CO and TOSHIBA (JAPAN) CORP

Details                  : To arrange the importation of small satellite dishes. Negotiations began following the suspension of the government ban on the products.  The company plans to initially import 2,000 to 3,000 units to gauge public response, although demand is expected to be high.

 

(2)

Date of Signing   : October 1998

Type of contract : Installation of Power system contract

Details                   : Won the NTD 670 million contract from TAIWAN POWER CO for 3 year installation of power system control network facilities.

 

(3)

Year of Signing  : 1999

Type of Deal      : Development of a management system

Party Involved   : UBEXCO CO

Details                 : For the development of a TAATUNG global electronic supply chain management system to upgrade TATUNG's international competitiveness 

 

*Awards*

========

Year                           Award

-----                             ---------

2002                           Symbol of Excellence

1996                           National Product Image Prize for TMP-5000 multi-media PC

1993                           Outstanding Packaging Design for TATUNG facsimile machine model TF-69

1992                           Golden Prize for TATUNG 17" color display monitor awarded by the Association of

                                   Development of Electronics Products (ROC)

1990                           First Degree Plant for MTS & CATV color TV Plant & Microwave Oven Plant awarded by

                                   the Ministry of Economic Affairs

1989                           Model Tax Payer awarded by the government

1988                           Premier Prize for ranking first in total of annual imports & exports

1987                           Premier Prize for outstanding export performance in the first half year

1985                           Premier Prize Ranking 1st in export performance

                                   National Group QC Prize for VCR

1984                           Premier Prize as Outstanding performance in export

1982                           Grade A QC Plant for Taoyuan Home Appliance First Plant

                                   Minister QC Prize for TATUNG washing machines

1981                           Minister National QC Prize TATUNG audio sets

                                   Premier Prize & Minister Prize for export products and outstanding packing design

                                   Minister QC Prize for Peitou Audio Plant

1980                           National QC Group Prize for TATUNG air-conditioners  

                                   Premier Prize awarded by Board of Foreign Trade

                                   Market Development Prize for outstanding performance in Middle East

1979                           Premier Prize for Outstanding Performance in Export

                                   National QC Group Prize TATUNG audio sets

1978                           Minister QC Prize for Talong TV Plant

                                   National QC Prize for Panchiao Washing Machine Center

1976                           Minister QC Prize for TATUNG refrigerators

                                   Outstanding Design & Engineering Prize for TATUNG audio color TV sets awarded by

                                   Chicago Consumer Electronics Show

                                   National Product Design Prize for TATUNG refrigerator

                                   National QC Group Prize for Sanhsia Motor Plant

1975                           National QC Group Prize for Talong Plant

                                   Outstanding Performance in Exporting Machinery

1974                           Premier Prize for Outstanding performance in export            

1971                           National QC Group Prize for TATUNG refrigerator

1969                           National QC Group Prize for Heavy Electric Apparatus Plant

 

*Auditors*

=========

DIWAN ERNST & YOUNG

 

*Insurance Companies*

==================

- SOUTH CHINA INSURANCE CO LTD

- TONG TAI INSURANCE CO LTD

- MINGTAI FIRE & MARINE INSURANCE CO LTD

 

*Industry Ranking*

===============

Considered as the following:

- Taiwan's No. 1 Manufacturer of electronics, home appliances and industrial equipment.

- Taiwan's earliest manufacturer of terminals and monitors.

- First company in Taiwan to introduced office automation furniture.

- Ranked among Taiwan's largest manufacturing corporations.

- Generally regarded as one of the Top 1000 Companies in manufacturing industry of Taiwan.

      Details of rank are as follows:

      Year            Rank

      -------          --------

      2005              43

      2006            108

      2007              97

 

Ranked as Top 1000 largest companies in Asia.

    Detail as follows :

    Year         Rank

    -------        --------

    1999            788

    2000            620

 

*Sales Ranking*

=============

Year Rank

------ -------

1996 13

1997 19

1998 13

2000           10

2001           12

2002           18

 

 

 

Rounded Rectangle: WEB SITE 

 

 

 


www.tatung.com The design is professional and the content is well organized. At present it is in both Chinese and English versions.

 

E-mail: chunshih@tatung.com.tw

 

 

Rounded Rectangle: LITIGATION 

 

 


Litigation ( 1 )     

Position : Defendant 

Other Parties Involved : Position Country             Party's Name

Plaintiff              South Korea      LG DISPLAY CO LTD

Defendant          USA                 TATUNG CO OF AMERICA INC

Defendant          Taiwan              CHUNGHWA PICTURE TUBES LTD

 

Case Issue : A petition to the Court seeking to stop the sale of monitors by the defendants for their violation of LG PHILIP's six technology patents.

Court : Federal Court, USA

Date Commenced : 1 August, 2002 

Status : Pending

 

Litigation ( 2 )     

Position : Defendant 

Other Parties Involved : Position Country             Party's Name

Plaintiff              USA                 ALCATEL-LUCENT INC

 

Case Issue : A petition to the Court for the confirmation of an Arbitral Award upheld on October 2002.

Court : Dist Court of Southern NY, USA

Date Closed : 1 July, 2003 

Status : Case closed

Summary : LUCENT initiated an arbitration against TATUNG for allegedly failing to pay any of the royalties required by their patent licensing agreement. The arbitrators ruled in favor of LUCENT and voted to award it the damages. The Court confirmed the Arbitral Award following its rejection of the arguments presented by TATUNG to vacate the award.

 

Litigation ( 3 )     

Position : Defendant 

Other Parties Involved : Position Country             Party's Name

Defendant          Taiwan              AMTRAN TECHNOLOGY CO LTD

Defendant          Taiwan              PROVIEW TECHNOLOGY

Plaintiff              Japan                HITACHI LTD

 

Case Issue : A petition to the Court claiming damages for patent infringement.

Court : Dist Court of Northern CA, USA

Date Commenced : 10 June, 2005 

Status : Pending

 

 

 

 

 

 

Rounded Rectangle: ADVERSE PRESS COVERAGE 

 

 


Adverse Press Coverage ( 1 )

Country : USA

Newspaper : Nasdaq.com

Date : 8 March, 2005 

Title : Company pays US$14 Million in License Dispute

Summary : TATUNG announced payment amounting to NT$432.25 million was made following a US Court of Appeals' ruling in favor of LUCENT. An arbitral award was confirmed by a lower Court to LUCENT after it claimed that TATUNG didn't pay royalties.

 

 

 

Rounded Rectangle: OWNERSHIP/MANAGEMENT BACKGROUND 

 

 


*Major Shareholders*

===============

Total number of shareholders: N/A

Total number of shares: N/A

 

Shareholders                             Country             Number                         Amount             %

TATUNG UNIVERSITY  Taiwan              343,682,719.00              n/a                    n/a 

TATUNG HIGH SCHOOL            n/a                    76,071,860.00                n/a                    n/a 

Mr. Wei-shan Lin                       Taiwan              13,146,967.00                n/a                    n/a 

Mr. Wen-yuan Lin                      n/a                    n/a                                n/a                    n/a 

 

 

Rounded Rectangle: MANAGEMENT 

 

 


Management:    Mr. Yin-hsiung Hsiao, Director

                        Mr. Chin-hui Lin, Director

                        Mr. Kuang-sheng Lin, Manager

 

Name                            Nationality         Job Description Dept. / Division

Mr. Yin-hsiung Hsiao      Taiwanese         Director                         Administration

Mr. Chin-hui Lin             Taiwanese         Director                         Finance

Mr. Kuang-sheng Lin      Taiwanese         Manager                        Sales

Mr. Wei-shan Lin           Taiwanese         General Manager           -

Mr. Lung-chieh Wang     Taiwanese         Manager                        -

Mr. Ming-kuo Ho            Taiwanese         Secretary General          -

Mr. Shun-fa Weng          Taiwanese         Vice General Manager    -

Mr. Ying-che Huang       Taiwanese         Vice General Manager    -

Mrs. Wen-yen Lin Kuo    Taiwanese         Vice General Manager    -

Mr. An-chung Wang       Taiwanese         Vice President               -

 

 

 

 

 

 

 

 

Rounded Rectangle: BUSINESS OPERATIONS 

 

 


*Main Products & Services*

======================

Specializes in the following areas of work:

1. Manufacture of a wide range of the following products:

     - Consumer electrical appliances

     - Consumer electronic appliances

     - Industrial electrical and electronic parts & components

     - IT products

     - Office Furniture

2. Provides OEM for E-MACHINES INC.

 

Products: ABS 

               AC generators 

               AC motors 

               Air humidifiers 

               Air-conditioners 

 

*Brand*

======

TATUNG

 

*Payment Terms*

=============

Sales

------

Local   : Cash

               30 - 60 days credit

Export : Letter of Credit (L/C)

              Telegraphic Transfer (T/T)

 

Purchases

--------------

Local   : Cash

               30 - 60 days credit

Import : Letter of Credit (L/C)

               Telegraphic Transfer (T/T)

 

*Long & Short Term Investment*

==========================

TATUNG's overseas investments include its factory development in Telford, United Kingdom. The company is considering further investment in Europe and has also expressed interest in diversifying its operation into Malaysia.

 

*Detailed Product Specifications*

==========================

Products carry the following Certification:

Certification                          Country

------------------                     -----------

UL                                         USA

FCC                                       USA

CSA                                       Canada

VDE                                       W. Germany

BS                                           G. Britain

FTZ                                        W. Germany

SAA                                       Australia

 

*Machinery & Equipments*

======================

Machineries or Equipment include:

- Treatment Equipments

- PE PVC

- Circumference components

- High speed jig mill

- 10000KW hydroelectric generators   

 

*Production Capacity*

==================

A.

(1)

Item                           : Digital electronic products

Maximum capacity : -

Current capacity     : 2,320,571 (NTD$1000/Set )

Year                          : 2007

 

(2)

Item                           : Home Appliances

Maximum capacity : -

Current capacity     : 2,311,360 (NTD$1000/Set )

Year                          : 2007

 

(3)

Item                           : Industrial Appliances

Maximum capacity : -

Current capacity     : 344,309 (NTD$1000/Set )

Year                          : 2007

 

B.

Year                  Maximum Capacity                                         Items                                 Plant

------                  -------------------------                                          --------                                -------

1985                    126,979,000 sets/year                                   Television sets                     -

1985                    371,490,000 set/year                                     Computer products              -

1985                    970,989,000 /year                                          Wire & Cables                      -

1988                    50,000  -  60,000 sets/month                        Television sets                Talung

   -                        30,000 sets/year                                            Refrigerators                          -

2004                    7,878,756 set/year                                          Computer products              -

2004                    1,387,467 set/year                                          Electronic products              -

2005                    6,659,839 set/year                                          Information products           -

2005                    1,558,566 set/year                                          Electronic products              - 

 

*Exhibition Participation*

====================

Participated in the following local exhibitions :

 

(1)

Exhibition fair    : Computex Taipei '98

Dates attended : 2-6 June, 1998

Location             : Taipei World Trade Center (TWTC) - Exhibition Hall

 

 

(2)

Exhibition fair    : Computex Taipei ' 99

Dates attended : 1-5 June, 1999

Location             : Taipei World Trade Center (TWTC) - Exhibition Hall

 

(3)

Exhibition fair    : Taipei International Electronics Spring Show

Dates attended : 22-26 March, 2000

Location             : Taipei World Trade Center (TWTC) - Exhibition Hall

 

(4)

Exhibition fair    : Taipei International Computer Show

Dates attended : 5-9 June, 2000

Location             : Taipei World Trade Center (TWTC) - Exhibition Hall

 

(5)

Exhibition fair    : Taipei International Electronics Show 2000

Dates attended : 17-20 October, 2000

Location             : Taipei World Trade Center (TWTC) - Exhibition Hall

 

(6)

Exhibition fair    : Taipei International Computer Show 2002

Dates attended : 3-7 June, 2002

Location             : Taipei World Trade Center (TWTC) - Exhibition Hall

 

(7)

Exhibition fair    : The 14th Taipei Int'l Medical Equipment & Pharmaceuticals Show

Dates attended : 9-12 November, 2002

Location             : Taipei World Trade Center (TWTC) - Exhibition Hall

 

(8)

Exhibition fair    : MEDIPHAR TAIPEI - Int'l Show on Medical Equipment, Pharmaceuticals & Bio-Technology

Dates attended : 9-12 November, 2006

Location             : Taipei World Trade Center (TWTC) - Exhibition Hall

 

(9)

Exhibition fair    : Taipei International Electronic Show (TAITRONICS - Components & Equipment)

Dates attended : 8-12 October, 2004

Location             : Taipei World Trade Center (TWTC) - Exhibition Hall

 

*Technologies Developed and/or Acquired*

==================================

1990 - Developed 486AT & EISA

1989 - Developed TATUNG computer workstations

1985 - Success in the development of 345KV & 500000KVA power transformers

1983 - Success in the development of Beta-system TATUNG VTR, VRB-0329 model

1981 - Success in the development of TATUNG VTR-VHR 1031 model

 

*Quality Certifications*

==================

Obtained the following certifications:

(1)

Type of Certification : ISO 9001

Year of Certification   : 1993

Details                          : Certification for the following plant :

                                          - AV Plant

                                          - Computer Plant

                                          - Panchiao Plant

                                          - Taoyuan 1st Plant

                                          - Electronic General Plant

                                          - Sanshia Factory Motor Plant

 

(2)

Type of Certification : ISO 9002

Year of Certification : 1993

Details                         : Granted an ISO 9002 for Taoyuan 1st Plant

 

*Associations*

============

Member of the following associations :

- Taiwan Electric Appliance Manufacturers' Association                              

- Chinese Microcomputer Extended Foundation

- Taipei Computer Association

- Taiwan Electrical and Electronic Manufacturers' Association (TEEMA)

- Taiwan Association of Machinery Industry

- Taiwan Mold & Die Industry Association

 

*Competitors*

===========

The following locally based companies supply identical range of products:

- AFREEY INC

- AOC INT'L

- ARGUS ELECTRONICS CO LTD

- CHUNG HSIN ELECTRIC & MACHINERY MFG CORP

- KOLIN ELECTRIC CO LTD

- LITE-ON TECHNOLOGY CORP

- MITSUTECH INT'L CORP

- SAMPO CORP

- SHIHLIN ELECTRIC & ENGINEERING CORP

- TAIWAN COMMATE COMPUTER INC

- TAIWAN VIDEO & MONITOR CORP

- TECO ELECTRIC & MACHINERY CO LTD

- QUANTA COMPUTER INC

- VIDEO-COM TECHNOLOGIES LTD

- VIEWCOME CORP LTD

- BENQ CORP

- VIEWSONIC INT'L CORP

- AOPEN INC

- HELIX TECHNOLOGY INC

- KENMOS TECHNOLOGY CO LTD

- ADI CORP

- ALBATRON TECHNOLOGY CO LTD

- CORETRONIC CORP

- CHI MEI CORP

- HON HAI PRECISION INDUSTRY CO LTD

- HTC CORP

- PHILIPS TAIWAN LTD

- LITE-ON IT CORP

- CHINA WIRE & CABLE CO LTD 

 

 

 

 

*Import Agencies*

===============

Agency for the following :

Country        Brand name                                Product                                                                         Year

------------     ----------------                               -----------                                                                      -------

Japan           HITACHI ZOSAN SYSTEM     Software Cad/cam/cae                                              2000

USA            ROLM                                         Cbx, computer digital telephone switch board          2000

USA            NAD                                            Home appliances                                                      2000

 

*Domestic Agencies Contract Maintained*

================================

The following agency & distribution rights for the local market are maintained:

Company Name                                                      Products

----------------------                                                    --------------

COMPAQ COMPUTER TAIWAN        COMPAQ'S alpha & Intel computer products 

 

*Local Distribution Network*

=======================

An estimated 85% of the annual turnover for Tatung refrigerators is attributed to local market sales.

 

*International Trade Activity*

=======================

1971                     - Exported electric fans to USA.

1968                     - Exported electric fans to Japan.

1954                     - Exported electric fans to the Philippines.

November 1993  - Considered as the first and largest consumer electronics company from Taiwan to set up in the U.K.

March 1993         - Exported 20,000 monitors per month to IBM.

 

*Export Markets*

==============

An estimated 15% of the annual turnover is attributed to export, mainly to Netherlands and USA.

 

Products are exported to the following countries:

Products                                     Country

------------                                     ------------

Special Magnets                      Japan and West Germany

Copper Filmed laminated        Singapore, US and Japan

Insulating varnish                    Southeast Asia and South Korea

Refrigerators                             US, Japan, Europe and Southeast Asia

Electric Fan                                US, England, Japan and South Africa

Electrical Appliance                 Latin America

Furniture                                    Southeast Asia and Middle East.

 

Breakdown of exports as per region :

Region                            %

-----------                        ------

Europe                            40

North America               40

Asia                                 10

Others                             10

 

 

 

 

*Overseas Agents & Distributors*

===========================

Country              Company name

-----------              ----------------------

Australia (*)      TOSHIBA INT'L CORP PTY LTD

Thailand             MOBICOM GROUPS

 

Note : The sale of TATUNG motors and transformers in Japan, South-East Asia and Australia is performed by TOSHIBA.

 

*Overseas Suppliers*

=================

Major overseas suppliers include:

Company Name                             Country             Product

----------------------                            -------------           -----------

ADS                                                      -                      Audio sets                

DIGITAL COMMUNICATION        -                      IRMA cards; PC computer communications

ASSOCIATE                                       -                      (DCA) products

 

*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 rank are as follows :

   Year         Rank

   -----            ------

   1997            19

   2001            52

   2002            68

   2003            70

   2004            98

   2005          107

   2006            89

 

*International Exhibition Participation*

==============================

Exhibition Fair : Japanese Computer Exhibition

Country            : Japan

Year Attended : 1988 

 

 

Rounded Rectangle: RELATED COMPANIES 

 

 


*LOCAL BRANCHES & MANAGEMENT* 

=================================

Branch : TATUNG CO (PLANT 1 - HOME APPLIANCE) - TAOYUAN

Branch Address : 97 Hsu Tso Kang Nan Kang Tsun Tayuan Hsiang, Taoyuan Hsien 337

Branch Tel : [+886] 3-2386111

Branch Fax : [+886] 3-3867707

Branch Email : service@heap.tatung.com.tw

Branch Employees : 220

 

Branch : TATUNG CO (COMPUTER PLANT) - TAIPEI CITY

Branch Address : 400 Chen Teh Rd Section 7 Peitou Dist, Taipei City, 112

Branch Tel : [+886] 2-28938400

Branch Fax : [+886] 2-28938408

 

Branch : TATUNG CO - TUCHENG CITY

Branch Address : 315 Chung Yang Rd Section 1 Tucheng City, Taipei Hsien 236

Branch Tel : [+886] 2-22611122

Branch Fax : [+886] 2-22616165

 

Branch : TATUNG CO (INDUSTRIAL EQUIPMENT PLANT 1) - TAOYUAN HSIEN

Branch Address : 102 Min Sheng Rd Nei Hai Village Tayuan Hsiang, Taoyuan Hsien 337

Branch Tel : [+886] 3-3863123

Branch Fax : [+886] 3-3867707

Branch Email : jeff@tatung.com

 

Branch : TATUNG CO (MONITOR PLANT)

Branch Tel : [+886] 2-25212402

Branch Fax : [+886] 2-25924569

 

Branch : TATUNG CO (HEAVY ELECTEIC) - TUNGSHAN HSIANG

Branch Address : 145 Mei Lin Rd Tungshan Hsiang, Ilan Hsien 269

Branch Tel : [+886] 3-9589481

Branch Fax : [+886] 3-9589471

Branch Email : x2160@tatung.com

 

Branch : TATUNG CO (SOUTH DIST BUSINESS CENTER) - KAOHSIUNG CITY

Branch Address : 499 Chung Hsiao 1st Rd Sanming Dist, Kaohsiung City, 807

Branch Tel : [+886] 7-2363121

Branch Fax : [+886] 7-2362674

Branch Email : x8161@tatung.com

 

Branch : TATUNG CO - TAIPEI CITY

Branch Address : 154 Fu Hsin South Rd Section 1 Ta-an Dist, Taipei City, 106

Branch Tel : [+886] 3-3863111

Branch Fax : [+886] 3-9589471

Branch Email : x7161@tatung.com

 

Branch : TATUNG CO - CHIAYI CITY

Branch Address : 5Fl, 455 Ta Tung Rd Chiayi City, 600

Branch Tel : [+886] 5-2368900

Branch Fax : [+886] 5-2837452

Branch Email : oa6239@tatung.com

 

Branch : TATUNG CO - CHANGHWA CITY

Branch Address : 331 Lin Sun Rd Changhwa City, Changhwa Hsien 500

Branch Tel : [+886] 4-7639212

Branch Fax : [+886] 4-7518438

Branch Email : oa5339@tatung.com

 

Branch : TATUNG CO - TAICHUNG CITY

Branch Address : 250 Chung Kang Rd Section 3 Hsitun Dist, Taichung City, 407

Branch Tel : [+886] 4-23595578

Branch Fax : [+886] 4-23592064

Branch Email : oa5139@tatung.com

 

Branch : TATUNG CO - HSINCHU CITY

Branch Address : 56 Tung Shan St Hsinchu City, 300

Branch Tel : [+886] 3-5721968

Branch Fax : [+886] 3-5726798

Branch Email : oa4239@tatung.com

 

Branch : TATUNG CO - KAOHSIUNG CITY

Branch Address : 235 Chang ming St Sanming Dist, Kaohsiung City, 807

Branch Tel : [+886] 7-2352037

Branch Fax : [+886] 7-2350248

Branch Email : oa8139@tatung.com

 

Branch : TATUNG CO - PINGTUNG CITY

Branch Address : 464 Kuang Tung Pingtung City, Pingtung Hsien 900

Branch Tel : [+886] 8-7363446

Branch Fax : [+886] 8-7370276

Branch Email : oa8439@tatung.com

 

Branch : TATUNG CO - YUNGKANG CITY

Branch Address : 6Fl-1, 420 Chung Shan South Rd Yungkang City, Tainan Hsien 710

Branch Tel : [+886] 6-3039270

Branch Fax : [+886] 6-3039261

Branch Email : oa7139@tatung.com

 

Branch : TATUNG CO - TAOYUAN CITY

Branch Address : 175 Shan Min Rd Section 1 Taoyuan City, Taoyuan Hsien 330

Branch Tel : [+886] 3-3356996

Branch Fax : [+886] 3-3332430

 

Branch : TATUNG CO - ILAN CITY

Branch Address : 200 Chung Shan Rd Section 5 Ilan City, Ilan Hsien 260

Branch Tel : [+886] 3-9289019

Branch Fax : [+886] 3-9289039

Branch Email : oa3139@tatung.com

 

Branch : TATUNG CO - HUALIEN CITY

Branch Address : 71-26 Chung Mei Rd Hualien City, Hualien Hsien 970

Branch Tel : [+886] 3-8223750

Branch Fax : [+886] 3-8234774

Branch Email : oa3239@tatung.com

 

Branch : TATUNG CO - TAITUNG CITY

Branch Address : 204 Po Ai Rd Taitung City, Taitung Hsien 950

Branch Tel : [+886] 89-323978

Branch Fax : [+886] 89-346390

Branch Email : oa3249@tatung.com

 

Branch : TATUNG CO - TAYUAN HSIANG

Branch Address : 102 Min Sheng Rd Tayuan Hsiang, Taoyuan Hsien 337

Branch Tel : [+886] 3-3863123

Branch Fax : [+886] 3-3863123

Branch Email : service@heap.tatung.com.tw

 

Branch : TATUNG CO - TAYUAN HSIANG

Branch Address : 106 Min Sheng Rd Nei Hai Village Tayuan Hsiang, Taoyuan Hsien 337

Branch Tel : [+886] 3-3863123

Branch Fax : [+886] 3-3867707

Branch Email : jeff@tatung.com

 

Branch : TATUNG CO - CHUPEI CITY

Branch Address : 542-1 Chung Cheng West Rd Chupei City, Hsinchu Hsien 302

Branch Tel : [+886] 3-6562791

Branch Fax : [+886] 3-6562793

Branch Email : x4260.tatung@msa.hinet.net

 

Branch : TATUNG CO (HEAVY ELECTEIC) - YUNGKANG CITY

Branch Address : 502 Chung Cheng South Rd Yungkang City, Tainan Hsien 710

Branch Tel : [+886] 6-2532291

Branch Fax : [+886] 6-2538196

Branch Email : x7161@tatung.com

 

Branch : TATUNG CO - TAICHUNG CITY

Branch Address : 250 Tai Chung Kang Rd Section 3 Hsitun Dist, Taichung City, 407

Branch Tel : [+886] 4-23591262

Branch Fax : [+886] 4-23596471

Branch Email : hwe@tatung.com

 

Branch : TATUNG CO - CHIAYI CITY

Branch Address : 546 Yu Jen Rd Chiayi City, 600

Branch Tel : [+886] 5-2856431

Branch Fax : [+886] 5-2859244

Branch Email : x6260.tatung@msa.hinet.net

 

*(Subsidiaries , Joint-ventures & Affiliates) 

===========================

Company Name : CHINESE MICROCOMPUTER EXTENDED FOUNDATION

Country : Taiwan

Relationship : Subsidiary

Legal Form : Foundation

Company Type : Service

Industry : Computer & Information Products

 

Company Name : CHUNGHWA ELECTRONIC DEVELOPMENT CO LTD

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Service

Industry : Financial Services - General

 

Company Name : CHUNGHWA ELECTRONICS INVESTMENT CO

Address : 22 Chung Shan North Rd Section 3 Chungshan Dist Taipei City 104 Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Service

Industry : Financial Services - General

 

Company Name : CHUNGHWA PICTURE TUBES (BERMUDA) LTD

Country : Bermuda

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Service

Industry : Financial Services - General

 

Company Name : CHUNGHWA PICTURE TUBES (FUZHOU) LTD

Address : Fuzhou Economic Technology Development Zone 1 Xingye Rd Kuaian Extended Area Fuzhou Fuzhou 350101 Fujian China

Country : China

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electronic Products & Components

 

Company Name : CHUNGHWA PICTURE TUBES (MALAYSIA) SDN BHD

Address : Subang Hi-Tech Industrial Park Lot 1 Batu Tiga Shah Alam 40000 Selangor Malaysia

Country : Malaysia

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electronic Products & Components

 

Company Name : CHUNGHWA PICTURE TUBES (UK) LTD

Address : Eurocentral Holytown Motherwell ML14XH United Kingdom

Country : United Kingdom

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electronic Products & Components

 

Company Name : CHUNGHWA PICTURE TUBES LTD

Address : 22 Chung San North Rd Section 3 Chungshan Dist Taipei City 104 Taiwan

Country : Taiwan

Relationship : Affiliate

Legal Form : Public Listed Company

Company Type : Manufacturer

Industry : Electronic Products & Components

 

Company Name : CONAIR CORP

Address : One Cummings Rd Stamford 06902 Connecticut USA

Country : USA

Relationship : Joint-Venture

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Cosmetics, Toiletries & Personal Care

 

Company Name : FDK TATUNG (THAILAND) CO LTD

Address : 9Fl Nice 2 Bldg 382 Ratchadaphisek Rd Samsen Nok Huay Kwang Bangkok 10310 Thailand

Country : Thailand

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electronic Products & Components

 

Company Name : FORWARD ELECTRONICS CO LTD

Address : 393 Chung Cheng Rd Section 1 Sanhsia Chen 237 Taipei Hsien Taiwan

Country : Taiwan

Relationship : Minor Investments

Legal Form : Public Company

Company Type : Manufacturer

Industry : Electronic Products & Components

 

Company Name : FUJITSU LTD

Address : Shiodome City Center 1-5-2 Higashi-Shimbashi Minato-ku Tokyo 1057123 Japan

Country : Japan

Relationship : Joint-Venture

Legal Form : Public Listed Company

Company Type : Manufacturer

Industry : Computer & Information Products

 

Company Name : HSIEH CHIH INDUSTRIAL LIBRARY PUBLISHING CO

Address : 40 Chung San North Rd Section 3 Chungshan Dist Taipei City 104 Taiwan

Country : Taiwan

Relationship : Affiliate

Legal Form : Private company with limited liability

Company Type : Trader

Industry : Publishing & Printing

 

Company Name : INDO BANGNA PRIMA PT

Address : Jalan Daan Mogot Km 18 Tangerang Indonesia

Country : Indonesia

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Machinery

 

Company Name : JAPAN PRECISE METER CO

Country : Japan

Relationship : Joint-Venture

Legal Form : Private company with limited liability

Industry : Electronic Products & Components

 

 

Company Name : JIANGSU TATUNG COMMUNICATIONS EQUIPMENT CO LTD

Address : 311 Zhongshan N Rd Gulou Nanjing 210003 Jiangsu China

Country : China

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electronic Products & Components

 

Company Name : KUENDER & CO LTD

Address : 5Fl, 22 Chungshan North Rd Section 3 Chungshan Dist Taipei City 104 Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Plastics & Products

 

Company Name : LAN SONG INT'L CO LTD

Address : 3 St 310 Sangkat Boeung Keng Kongi Khan Chamkarmon Phnom Penh Cambodia

Country : Cambodia

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Trader

Industry : Electronic Products & Components

 

Company Name : MAKOLIN ELECTRONICS (MALAYSIA) SDN BHD

Country : Malaysia

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electronic Products & Components

 

Company Name : MEDIGEN BIOTECHNOLOGY CORP

Address : 5Fl, 611 Wen Shou Rd Section 1 Kueishan Hsiang 333 Taoyuan Hsien Taiwan

Country : Taiwan

Relationship : Affiliate

Legal Form : Public Company

Company Type : Manufacturer

Industry : Medical Equipment & Pharmaceutical

 

Company Name : OTIS ELEVATOR CO

Address : 10 Farm Springs Farmington 06032 Connecticut USA

Country : USA

Relationship : Joint-Venture

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Machinery

 

Company Name : OTIS ELEVATOR CO (THAILAND) LTD

Address : 7Fl Nation Tower 44-46/21 Moo 10 Bangna-Trad Rd Km 4.5 Bangna Prakanong Bangkok 10260 Thailand

Country : Thailand

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Importer

Industry : Machinery

 

Company Name : PPG INDUSTRIES INT'L INC - TAIWAN BRANCH (USA)

Address : 23Fl Lin Yun Bldg 105 Tun Hua South Rd Section 2 Ta-an Dist Taipei City 106 Taiwan

Country : Taiwan

Relationship : Joint-Venture

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Chemicals

 

Company Name : SAN CHIH SEMICONDUCTOR CO LTD

Address : 22 Chung Shan North Rd Section 3 Chungshan Dist Taipei City 104 Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electronic Products & Components

 

Company Name : SHANG CHIH CHEMICAL INDUSTRIAL CO

Address : 22 Chung San North Rd Section 3 Chungshan Dist Taipei City 104 Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Chemicals

 

Company Name : SHANG CHIH CONTAINER TERMINAL CO LTD

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Service

Industry : Materials Handling

 

Company Name : TAIPEI INDUSTRIAL CO

Address : 53 Chi Yuan Rd Hsintien City 231 Taipei Hsien Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Construction & Construction Materials

 

Company Name : TAIWAN PRECISE METER CO LTD

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Testing and Measuring and Scientific

 

Company Name : TAIWAN TELECOMMUNICATION INDUSTRY CO LTD

Address : 4 Min Hsiang St Chungho City 235 Taipei Hsien Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Telecommunications

 

Company Name : TATUNG (SHANGHAI) CO LTD

Country : China

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Trader

Industry : Electronic Products & Components

 

Company Name : TATUNG (THAILAND) CO LTD

Address : Bangpakong Ind Estate Park II 700/50 Bangna-Trad Rd Km 57 Muang Chon Buri 20000 Chonburi Thailand

Country : Thailand

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electrical Equipment & Appliances

 

Company Name : TATUNG (UK) LTD

Address : Stafford Park 10 Telford TF33AB Shropshire United Kingdom

Country : United Kingdom

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Computer & Information Products

 

 

 

Company Name : TATUNG ATHERTON CO LTD

Address : 22 Chungshan North Rd Section 3 Chungshan Dist Taipei City 104 Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Importer

Industry : Beverages

 

Company Name : TATUNG BUDI INDONESIA PT

Address : 9th Fl Kav C-6 Wisma Budi Jalan H R Rasuna Said Jakarta 12940 Indonesia

Country : Indonesia

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Machinery

 

Company Name : TATUNG CHUGAI PRECIOUS METALS CO LTD

Address : 22 Chung Shan North Rd Section 3 Chungshan Dist Taipei City 104 Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Metals & Metal Products

 

Company Name : TATUNG CIE CASPING CO LTD

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Trader

Industry : Electronic Products & Components

 

Company Name : TATUNG CO

Address : Rm 1105 Kosong Bldg 541 Tohwa-dong Map'o-gu Seoul South Korea

Country : South Korea

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Trader

Industry : Electrical Equipment & Appliances

 

Company Name : TATUNG CO HONG KONG OFFICE

Address : M/F 1C Un Chau St Kowloon Hong Kong

Country : Hong Kong

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Trader

Industry : Electronic Products & Components

 

Company Name : TATUNG CO OF AMERICA INC

Address : 2850 El Presidio St Long Beach Los Angeles 90010 California USA

Country : USA

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electrical Equipment & Appliances

 

Company Name : TATUNG CO OF CANADA INC

Address : Unit 4, 30 Vogell Rd Richmond Hill L4B 3K6 Ontario Canada

Country : Canada

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Computer & Information Products

 

Company Name : TATUNG COATINGS CO

Address : 247-1 Tsao Lo Village Kuanyin Hsiang 328 Taoyuan Hsien Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Chemicals

 

Company Name : TATUNG COMPANY OF JAPAN INC

Address : 2Fl Sanko Bldg 10-5 Ginza 4-chome Chuo-ku Tokyo 1040061 Japan

Country : Japan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Computer & Information Products

 

Company Name : TATUNG CONAIR CO

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electrical Equipment & Appliances

 

Company Name : TATUNG CONSUMER PRODUCTS (TAIWAN) CO LTD

Address : 22 Chung Shan North Rd Section 3 Chungshan Dist Taipei City 104 Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Trader

Industry : Electronic Products & Components

 

 

 

Company Name : TATUNG DIE CASTING CO

Address : 22 Chung Shan North Rd Section 3 Chungshan Dist Taipei City 104 Taiwan

Country : Taiwan

Relationship : Affiliate

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Metals & Metal Products

 

Company Name : TATUNG ELECTRIC CO OF AMERICA INC

Country : USA

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Trader

Industry : Electronic Products & Components

 

Company Name : TATUNG ELECTRONICS (WUJIANG) CO LTD

Country : China

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Trader

Industry : Electrical Equipment & Appliances

 

Company Name : TATUNG ELECTRONICS CO LTD

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Trader

Industry : Electronic Products & Components

 

Company Name : TATUNG ELECTRONICS PTE LTD

Address : 4 First Lok Yang Rd 629729 Singapore

Country : Singapore

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electronic Products & Components

 

Company Name : TATUNG EMC TECHNOLOGY CO

Address : 22 Chungshan North Rd Section 3 Chungshan Dist Taipei City 104 Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Service

Industry : Testing and Measuring and Scientific

 

Company Name : TATUNG FERRITE CO LTD

Address : 22 Chung Shan North Rd Section 3 Chungshan Dist Taipei City 104 Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electronic Products & Components

 

Company Name : TATUNG FINE CHEMICALS CO

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Chemicals

 

Company Name : TATUNG FORESTRY & CONSTRUCTION CO

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Service

Industry : Construction & Construction Materials

 

Company Name : TATUNG HOME APPLIANCES (WUJIANG) CO LTD

Address : 5 Wutong Rd Songfing Town 215100 Jiangsu China

Country : China

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Trader

Industry : Electrical Equipment & Appliances

 

Company Name : TATUNG HORTICULTURE CO LTD

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Trader

Industry : Agricultural Products

 

Company Name : TATUNG INFORMATION TECHNOLOGY (JIANGSU) CO LTD

Address : 123 North Jiang-Ling Rd Songling Town Wujiang Jiangsu China

Country : China

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Computer & Information Products

 

Company Name : TATUNG INT'L (DEUTSCHLAND) GMBH

Address : Koln Germany Germany

Country : Germany

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Trader

Industry : Electronic Products & Components

 

Company Name : TATUNG INTERNET SERVICE NETWORK CORP

Address : 22 Chung Shan North Rd Section 3 Chungshan Dist Taipei City 104 Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Service

Industry : Computer & Information Products

 

Company Name : TATUNG LIAISON OFFICE ROK

Country : South Korea

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electronic Products & Components

 

Company Name : TATUNG MEXICO SA DE CV

Address : Complejo Industrial Fuentes 7050 Ave Fuentes Sur Ciudad Juarez 32320 Chihuahua Mexico

Country : Mexico

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electronic Products & Components

 

Company Name : TATUNG NETHERLANDS BV

Address : Nijmegen Netherlands

Country : Netherlands

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electronic Products & Components

 

Company Name : TATUNG NEW ZEALAND CO

Country : New Zealand

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Trader

Industry : Electronic Products & Components

 

Company Name : TATUNG NORTH TELECOM TECHNOLOGY (BEIJING) CO LTD

Address : 6 Che Gong Zhuang St Xicheng Dist Beijing 100044 China

Country : China

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electronic Products & Components

 

Company Name : TATUNG OTIS ELEVATOR CO

Address : 6Fl, 22 Chung Shan North Rd Section 3 Chungshan Dist Taipei City 104 Taiwan

Country : Taiwan

Relationship : Joint-Venture

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Machinery

 

Company Name : TATUNG PRECISE METER CO LTD

Address : 400 Cheng Teh Rd Section 6 Peitou Dist Taipei City 112 Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Motor Vehicles, Parts & Accessories

 

Company Name : TATUNG SCIENCE & TECHNOLOGY INC

Address : 1840 McCarthy Blvd Milpitas 95035 California USA

Country : USA

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Computer & Information Products

 

Company Name : TATUNG SM-CYCLO CO LTD

Address : 22 Chungshan North Rd Section 3 Chungshan Dist Taipei City 104 Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Trader

Industry : Electrical Equipment & Appliances

 

Company Name : TATUNG SYSTEM TECHNOLOGIES INC

Address : 22 Chung Shan North Rd Section 3 Chungshan Dist Taipei City 104 Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Public Company

Company Type : Importer

Industry : Computer & Information Products

 

Company Name : TATUNG TDK CO LTD

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electronic Products & Components

 

Company Name : TATUNG TELECOM CORP

Address : 1060 Terra Bella Ave Mountain View 94043 California USA

Country : USA

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Telecommunications

 

Company Name : TATUNG WIRE & CABLE (THAILAND) CO LTD

Country : Thailand

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electrical Equipment & Appliances

 

Company Name : TATUNG WIRE & CABLE CO LTD

Address : 224 Lien Chen Rd Chungho City 235 Taipei Hsien Taiwan

Country : Taiwan

Relationship : Affiliate

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electrical Equipment & Appliances

 

Company Name : TATUNG-FANUC ROBOTICS CO

Address : 22 Chung Shan North Rd Section 3 Chungshan Dist Taipei City 104 Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Service

Industry : Professional Services

 

Company Name : TATUNG-OKUMA CO LTD

Address : 352 Hsitong Rd Sanhsia Chen 237 Taipei Hsien Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Trader

Industry : Machinery

 

Company Name : TISNET TECHNOLOGY INC

Address : 22 Chung Shan North Rd Section 3 Sungshan Dist Taipei City 105 Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Trader

Industry : Telecommunications

 

Company Name : TMX TECHNOLOGIES INC

Country : USA

Relationship : Subsidiary

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Computer & Information Products

 

Company Name : TONGYA TELECOMMUNICATION INDUSTRY CO LTD

Address : 7Fl-2 CTCI Tower 77 Tun Hua South Rd Section 2 Ta-an Dist Taipei City 106 Taiwan

Country : Taiwan

Relationship : Affiliate

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Telecommunications

 

Company Name : TOPPAN CHUNGHWA ELECTRONICS CO LTD

Address : 1127-3 Ho Ping Rd Pateh City 334 Taoyuan Hsien Taiwan

Country : Taiwan

Relationship : Affiliate

Legal Form : Private company with limited liability

Company Type : Manufacturer

Industry : Electronic Products & Components

 

*Branches*

=========

Location                                               Other tel no.         Other fax no.            Other e-mail

------------                                               ------------------      ------------------          -----------------

Taipei                                                  2-25984600                -                              -

Taoyuan Hsien Home Appliance        3-3861111                  -                              -

Taoyuan Industrial Equipment -1                    -                           -                     danielsu@tatung.com,

Taoyuan Industrial Equipment - 2      3-3863111                       -                    JDLu@cable.tatung.com.tw

Visual Electronics Plant                     2-25925252 / 2275          -                   -

Panchiao Plant                                  2-22611122            2-22616165            -

Sanhsai Plant                                    2-26736888             2-26722264             service@sansha.tatung.com.tw

 

  *Subsidiaries, Joint-ventures & Affiliates*

================================

Joint-venture

-----------------

TATUNG OTIS ELEVATOR CO

This is a 50%-50% joint venture between the following parties :

- OTIS ELEVATOR CO

- TATUNG CO

 

*IMPORTER AGENCY LISTING* 

==========================

 Supplier : TOSHIBA CORP

Country of Origin : Japan

Product Description : Audio reproduction equipment 

Brand : TOSHIBA

Year : 1990

 

Supplier : AMANA INC

Country of Origin : USA

Product Description : Audio reproduction equipment 

Brand : AMANA

Year : 1990

 

Supplier : GRUNDIG AG

Country of Origin : Germany

Product Description : Audio sets 

Brand : GRUNDIG

Year : 2000

 

Supplier : CENTURY RESEARCH CENTER CORP

Country of Origin : Japan

Product Description : Computer software 

Brand : CRC

Year : 1984

 

Supplier : HZS CO LTD

Country of Origin : Japan

Product Description : Computer software 

Brand : GRADECAD/CAM/CAE

Year : 1987

 

Supplier : DATA GENERAL CORP

Country of Origin : USA

Product Description : Computer system 

Brand : DATA GENERAL

Year : 2000

 

Supplier : FACAM CO LTD

Country of Origin : Japan

Product Description : Computers (part 1) 

Brand : FACAM

Year : 1984

 

Supplier : TOSHIBA CORP

Country of Origin : Japan

Product Description : Controllers programmable 

Brand : TOSHIBA

Year : 1990

 

Supplier : HOOVER CO, THE

Country of Origin : USA

Product Description : Drying machines 

Brand : HOOVER

Year : 2000

 

Supplier : HOOVER CO, THE

Country of Origin : USA

Product Description : Dust cleaning machine 

Brand : HOOVER

Year : 2000

 

Supplier : TOSHIBA CORP

Country of Origin : Japan

Product Description : Home appliances 

Brand : TOSHIBA

Year : 2000

 

Supplier : AMANA INC

Country of Origin : USA

Product Description : Home appliances 

Brand : AMANA

Year : 2000

 

Supplier : FANUC LTD

Country of Origin : Japan

Product Description : Industrial robots 

Brand : FANUC

Year : 1984

 

Supplier : ITOKI CO LTD

Country of Origin : Japan

Product Description : Office furniture 

Brand : Itoki

Year : 1990

 

Supplier : WURLITZER INC

Country of Origin : USA

Product Description : Piano 

Brand : WURLITZER

Year : 1990

 

Supplier : STAR MICRONICS CO LTD

Country of Origin : Japan

Product Description : Printers computer 

Brand : STAR

Year : 1990

 

Supplier : TOSHIBA CORP

Country of Origin : Japan

Product Description : Printers computer 

Brand : TOSHIBA

Year : 1990

 

Supplier : FACAM CO LTD

Country of Origin : Japan

Product Description : Programmable controllers 

Brand : FACAM

Year : 1984

 

*OVERSEAS AGENTS AND DISTRIBUTORS* 

====================================

Agent : EKA JAYA PT

Country of Origin : Indonesia

Product Description : Personal computers

Brand : Tatung

Year : 1990

 

Agent : EQUATRON (MALAYSIA) SDN BHD

Country of Origin : Malaysia

Product Description : Personal computers

Brand : Tatung

Year : 1990

 

Agent : SYSTEMS TECHNOLOGY PTE LTD

Country of Origin : Singapore

 

Agent : METASYSTEMS DEVELOPMENT INC

Country of Origin : Philippines

 

Agent : TEXNY GLORYTECT (HONG KONG) LTD

Country of Origin : Hong Kong

Product Description : Personal computers

Brand : Tatung

Year : 1990

 

Agent : INTEGRATED COMPUTER SYSTEMS INC

Country of Origin : Philippines

Product Description : Personal computers

Brand : Tatung

Year : 1990

 

Agent : WAL-MART STORES INC

Country of Origin : USA

Product Description : Laptop computers

Brand : Tatung

Year : 2004

 

Agent : INDUSTRIAL MANAGEMENT TECHNOLOGY & CONTRACTING LLC

Country of Origin : Oman

Product Description : Monitors

Brand : Tatung

Year : 2000

 

Agent : INDUSTRIAL MANAGEMENT TECHNOLOGY & CONTRACTING LLC

Country of Origin : Oman

Product Description : Workstation

Brand : Tatung

Year : 2000

 

Agent : INDUSTRIAL MANAGEMENT TECHNOLOGY & CONTRACTING LLC

Country of Origin : Oman

Product Description : Personal computers

Brand : Tatung

Year : 2000

 

 

Rounded Rectangle: PAYMENT HISTORY 

 

 

 


PAYMENT RATING       : 2                OBTAINED SCORES         : 77

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 FAIRLY LARGE amounts depending on individual judgement experience.

 

 

Rounded Rectangle: FINANCIAL HIGHLIGHTS 

 

 


*BANK DETAILS* 

===============

Bank Name : BANK OF AMERICA NA

Branch : Sungshan Dist,Taipei City 

Branch Address : 2Fl Bank Tower 205 Tun Hua North Rd Sungshan Dist Taipei City 105 (Head Office) 

SWIFT Code : BOFATW2X

 

Bank Name : CHIAO TUNG BANK CO LTD

Branch : Chungcheng Dist,Taipei City 

Branch Address : 91 Heng Yang Rd Chungcheng Dist Taipei City 100 (Head Office) 

SWIFT Code : BKCMTWTP

 

Bank Name : CHINATRUST COMMERCIAL BANK LTD

Branch : Hsin-i Dist,Taipei City 

Branch Address : 14Fl China Trust Bldg 3 Sung Shou Rd Hsin-i Dist Taipei City 110 (Head Office) 

SWIFT Code : CTCBTWTP

 

Bank Name : FIRST COMMERCIAL BANK CO LTD

Branch : Chungcheng Dist,Taipei City 

Branch Address : 10Fl, 30 Chungking South Rd Section 1 Chungcheng Dist Taipei City 100 (Head Office) 

SWIFT Code : FCBKTWTP

 

  *Financial History*

===============

1988   - Accumulated a total sales of USD 24.5 million in its furniture division alone.

          - Office automation Furniture sales accounted to 30% of the furniture division's turnover.

1989   - Sales have increased to 40% of the total furniture volume.

 

Balance Sheet

Currency         : NTD

Denomination : in Thousands

                                                                             2006                  2007

                                                                       --------------        --------------

Current assets                                               20,265,821         25,610,927

Funds & long-term investments                   56,098,994           63,338,685

Property                                                         3,429,389             3,977,568

Other assets                                                   2,307,025             2,004,769

Current liabilities (Before)                            20,121,867            26,011,978

                                (After)                           20,121,867                    --

Long-term liabilities                                      17,124,440         18,434,453

Other liabilities                                                7,523,669           7,126,859

Common stock                                              43,487,072          44,877,758

Capital reserve                                              12,004,484          11,983,673

Retained earnings (Before)                         (14,322,741)       (11,232,973)

                                  (After)                       (14,322,741)                     --

Total assets                                                  83,299,247          95,816,372

Total liabilities (Before)                                44,769,976          51,573,290

                            (After)                               44,769,976                      --

Total shareholder's equity (Before)               38,529,271         44,243,082

                                                (After)            38,529,271                      --

 

Income Statement

Currency         : NTD

Denomination : in Thousands

                                                                            2006                  2007

                                                                   --------------        --------------

Operating revenue                                        34,679,438         43,072,137

Gross profit                                                     2,050,853           2,491,878

Operating income                                           (2,070,392)        (1,950,599)

Non-operating income                                        782,947           6,928,027

Non-operating expense                                    6,921,041           1,363,631

Net income                                                    (8,179,964)          3,576,628

Earnings (losses) per share (After)                             (2)                        1

 

*Financial Ratios*

==============

                                                                                   2006                  2007

                                                                        --------------        --------------

Ratio of liabilities to assets %                                    54                       54

Ratio of long-term capital to 

    fixed Assets%                                                    1,623                  1,576

Current ratio%                                                          100                       98

Quick ratio%                                                               71                       75

Interest coverage                                                         --                         5

Turnover of receivable (times)                                     3                         4

Average collection period

    of receivable                                                          125                       91

Turnover of inventories (times)                                     4                         7

Turnover of expense (times)                                         4                         5

Average days of sales                                                 87                       52

Turnover of fixed assets (times)                                   10                       11

Turnover of total assets (times)                                 0.41                   0.45

Return on total assets%                                               (10)                      3

Return on shareholder's equity%                                (21)                       8

Profit margin%                                                             (24)                       8

 

*Financial Structure*

================

Year                                : 1998

Revenue amounted to : NTD 39.80 billion

 

Breakdown analysis of the revenue is as follows:

Area                                          % of Total Revenue          Revenue (NTD Billion)

-------                                        -----------------------------       ------------------------------

Industrial Equipment                         15.80                                      6.3

Home Appliances                              18.60                                      7.4

Electronics                                          59.10                                    23.5

Trade Sales                                           5.30                                      2.1

Others                                                    1.20                                     0.5 

 

 

 

*Financial Summary (Currency: U.S. $'s)

=============================

Year     Sales                            Assets                          Net Income

1998     $1,420,718,133.33         $3,011,889,333.33         -$21,765,433.33 

1999     $1,921,167,125.00         $2,983,282,937.50         $144,687,937.50 

2000     $2,629,220,715.40         $3,255,770,855.37         $109,715,365.47 

2001     $2,073,257,980.27         $2,770,577,539.18         -$251,004,033.66 

2002     $1,917,097,959.18         $2,753,818,338.60         -$146,950,503.02 

2003     $2,411,883,794.69         $2,701,002,710.50         $3,924,394.46 

2004     $2,853,879,969.92         $2,770,374,315.79         $140,363,729.32 

2005     $2,378,874,218.01         $2,871,509,352.29         -$193,741,706.16 

2006     $1,048,350,604.59         $2,518,115,084.64         -$247,278,234.58 

2007     $1,299,702,383.83         $2,891,260,470.73         $107,924,803.86 

 

*Int´l Trade Activity (Currency: U.S. $'s)

===============================

Year     Imports                         Exports                         Total

2000     $318,506,998.44            $387,247,278.38            $705,754,276.82

2001     $197,417,063.26            $189,517,933.84            $386,934,997.10

2002     $210,562,450.01            $156,421,935.99            $366,984,386.00

2003     $226,668,878.00            $185,920,385.01            $412,589,263.01

2004     $207,837,923.01            $171,357,327.01            $379,195,250.02

2005     $223,228,260.00            $144,429,351.00            $367,657,611.00

2006     $308,343,409.92            $166,863,000.00            $475,206,409.92

2007     $399,818,949.91            $200,000,000.00            $599,818,949.91

 

 

Rounded Rectangle: REMARKS 

 

 


Credit amount: USD 500,000

 

SC is considered large-sized in its line with a long development history. The above credit amount appears to be within SC’s capacities.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Attached: trade references

 

 

 

 

 

SIC PRODUCT CLASSIFICATION & ACTIVITY 

Activity             Code    Product/Service Description

Exporting          2656     Sanitary food and beverage containers except folding

Exporting          3089     Plastics products,

Exporting          3334     Aluminum and aluminum alloys, unwrought

Exporting          3357     Nonferrous metal wire and cable, drawn and insulated

Exporting          3399     Primary metal products,

Exporting          3433     Heating equipment, nonelectric,

Exporting          3496     Fabricated wire products,

Exporting          3519     Internal combustion engines,

Exporting          3534     Elevators and moving stairways, and parts,

Exporting          3535     Conveyors and conveying equipment, and parts,

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY 

Activity             Code                Product/Service Description

Exporting          3210000000       Other paints and varnishes (incl enamels,lacquers and distempers); prepared water pigments of a kind used for finishing leather

Exporting          3903110000       Polystyrene,expandable

Exporting          3904400000       Other vinyl chloride copolymers

Exporting          3923400000       Spools, cops, bobbins & similar supports of plastics

Exporting          3926904590       Other gaskets and washers & other seals

Exporting          4819100020       Sanitary food and beverage containers of corrugated paper or paperboard   

Exporting          7326901000       Other articles of tinplate (not household)

Exporting          8001100000       Tin, unwrought, not alloyed

Exporting          8412801000       Spring-operated and weight-operated motors

Exporting          8415100040       Air-conditioners, window or wall type, self-contained, less than 2.93kw per hour (10000btu/hr)

 

DETAILED PRODUCT CLASSIFICATION & ACTIVITY 

Activity             Product/Service Description

Exporter            Flat panel television 

Exporter            Alloy & flat wire products 

Exporter            Refined copper wire 

Exporter            Fans parts 

Exporter            Magnetic disk drive units 

Exporter            Digital processing units 

Exporter            Digital adp machines 

Exporter            Elevator parts 

Exporter            Pneumatic conveying systems 

Exporter            Storage heaters 

 

INTERNATIONAL TRADE: ACTIVITY & MARKETS

Country / Region          Trading Type

Asia / Pacific                 Exporting,Importing

Europe                          Exporting,Importing

Middle-East                   Exporting,Importing

North America               Exporting,Importing

Pacific                          Exporting,Importing

South America               Exporting

Argentina                      Exporting,Importing

Australia                       Exporting,Importing

Austria                          Exporting,Importing

Bahrain                         Exporting

Belgium                        Exporting,Importing

Brazil                            Exporting,Importing

Canada                                     Exporting,Importing

Chile                             Exporting,Importing

China                            Exporting,Importing

Costa Rica                    Exporting,Importing

Cyprus                          Exporting

Czech Republic             Exporting

Denmark                       Exporting

Finland              Exporting,Importing

France                          Exporting,Importing

Germany                       Exporting,Importing

Greece                          Exporting

Hong Kong                    Exporting,Importing

Hungary                        Exporting

India                             Exporting,Importing

Indonesia                      Exporting,Importing

Iran                               Exporting

Ireland                           Exporting,Importing

Israel                            Exporting,Importing

Italy                              Exporting,Importing

Japan                            Exporting,Importing

Jordan                           Exporting

Kuwait                          Exporting

Luxembourg                  Exporting

Malaysia                       Exporting,Importing

Mexico              Exporting,Importing

Netherlands                   Exporting,Importing

New Zealand                  Exporting,Importing

North Korea                   Importing

Norway                         Exporting

Oman                           Exporting

Pakistan                       Exporting

Panama                        Exporting

Peru                             Exporting

Philippines                    Exporting,Importing

Poland                          Exporting

Portugal                        Exporting,Importing

Qatar                            Exporting

Russia                          Exporting,Importing

Saudi Arabia                  Exporting

Singapore                      Exporting,Importing

Slovenia                        Exporting

South Africa                  Exporting,Importing

South Korea                  Exporting,Importing

Spain                            Exporting,Importing

Sri Lanka                      Exporting

Sweden                         Exporting,Importing

Switzerland                   Exporting,Importing

Thailand                        Exporting,Importing

Turkey                          Exporting

USA                             Exporting,Importing

Ukraine                         Exporting

United Arab Emirates     Exporting

United Kingdom             Exporting,Importing

Vietnam                        Exporting,Importing

Zimbabwe                      Exporting

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.42.78

UK Pound

1

Rs.85.51

Euro

1

Rs.67.90

 

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.

 

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

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions