|
Report Date : |
02.04.2014 |
IDENTIFICATION DETAILS
|
Name : |
VIEWSONIC INTERNATIONAL CORPORATION |
|
|
|
|
Registered Office : |
9F, No.192, Lien Chen Rd., Zhonghe Dist., New Taipei City 235, |
|
|
|
|
Country : |
Taiwan |
|
|
|
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Date of Incorporation : |
19.01.1990 |
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|
|
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Com. Reg. No.: |
23553019 |
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|
|
|
Legal Form : |
Joint Stock Company |
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|
|
|
Line of Business : |
Manufacturing and sales of display |
|
|
|
|
No. of Employees : |
200 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Good |
|
Payment Behaviour : |
No complaints |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
Taiwan |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
TAIWAN - ECONOMIC
OVERVIEW
Taiwan has a dynamic capitalist economy with gradually decreasing government guidance of investment and foreign trade. Exports, led by electronics, machinery, and petrochemicals have provided the primary impetus for economic development. This heavy dependence on exports exposes the economy to fluctuations in world demand. Taiwan's diplomatic isolation, low birth rate, and rapidly aging population are other major long-term challenges. Free trade agreements have proliferated in East Asia over the past several years, and following the landmark Economic Cooperation Framework Agreement (ECFA) signed with China in June 2010, Taiwan in July 2013 signed a free trade deal with New Zealand—Taipei’s first-ever with a country with which it does not maintain diplomatic relations—and in November inked a trade pact with Singapore. Negotiations continue on follow-on components of ECFA regarding trade in goods and a dispute resolution mechanism; a trade in services agreement is under review in the legislature. Taiwan's Total Fertility rate of just over one child per woman is among the lowest in the world, raising the prospect of future labor shortages, falling domestic demand, and declining tax revenues. Taiwan's population is aging quickly, with the number of people over 65 accounting for 11.2% of the island's total population as of 2012. The island runs a large overall trade surplus largely because of its surplus with China, and its foreign reserves are the world's sixth largest, behind China, Japan, Saudi Arabia, Russia, and Switzerland. In 2006 China overtook the US to become Taiwan's second-largest source of imports after Japan. China is also the island's number one destination for foreign direct investment. Taiwan since 2009 has gradually loosened rules governing Chinese investment on the island, and has also secured greater market access for its investors in the mainland. In August 2012, Taiwan Central Bank signed a memorandum of understanding on cross-Strait currency settlement with its Chinese counterpart. The MOU allows for the direct settlement of Chinese RMB and the New Taiwan dollar across the Strait, which could help develop Taiwan into a local RMB hub. Closer economic links with the mainland bring greater opportunities for the Taiwan economy, but also poses new challenges as the island becomes more economically dependent on China while political differences remain unresolved
|
Source
: CIA |
|
Company Name: |
VIEWSONIC
INTERNATIONAL CORPORATION |
|
Supplied Name: |
VIEWSONIC
INTERNATIONAL CORP |
|
Trading Address: |
9F, No.192, Lien Chen Rd., Zhonghe Dist., New Taipei City 235, Taiwan (R.O.C.) |
|
Supplied Address: |
9 F No 192, Lien Chen Road, 9 F No 192, Lien Chen Road, Zhonghe Dist New Taipei City 235, Taiwan ROC |
|
Telephone Number: |
+886-2-2243 3456 |
|
Fax Number: |
+886-2-8242-3666 |
|
E-mail: |
Notes: The exact name and address are as above.
Subject was incorporated on 1990-1-19 with registered number 23553019 as Joint Stock Company in Taiwan.
|
Name |
Subscription Shares |
|
ViewSonic Corporation |
380,000,000 |
The information above is that of subject’s major shareholders.
Parent Company
|
Name |
ViewSonic Corporation |
|
Address |
381 Brea Canyon Road Walnut, CA 91789-0708 United States |
|
Telephone Number |
+1-909-444-8888 |
|
Fax Number |
+1-909-468-1240 |
Related Companies
|
1 |
|
|
Name |
ViewSonic Europe Ltd. |
|
Address |
Level 4, Tower 42, 25 Old Broad Street, London, EC2N 1HQ United Kingdom |
|
Telephone Number |
+44-0-207-382-8250 |
|
Fax Number |
+44-0-207-382-8251 |
|
2 |
|
|
Name |
ViewSonic Australia Pty. Ltd. |
|
Address |
Unit 4, 44 Dickson Avenue Artarmon NSW 2064 Sydney Australia |
|
Telephone Number |
+61-2-9906-6277 |
|
Fax Number |
+61-2-9906-6377 |
|
3 |
|
|
Name |
ViewSonic India Pvt. Limited |
|
Address |
Unit No. 2,3 & 4 (Ground Floor), Tribhuvan Complex, Ishwar Nagar, Mathura Road, New Delhi-110065 India |
|
Telephone Number |
+91-11-4260-3195 |
|
Fax Number |
+91-11-4260-3198 |
|
4 |
|
|
Name |
ViewSonic China Limited |
|
Address |
9F, No.950 Dalian Road, Yangpu District, Shanghai PRC 200092 China |
|
Telephone Number |
+86-21-6501-9777 |
|
Fax Number |
+86-21-6237-5373 |
Factory
|
Address: |
No. 192, 192-1, 192-2-8F, 192-2-9F, 192-10F, Liancheng Rd., Zhonghe Dist., New Taipei City, Taiwan (R.O.C.) |
|
Date of Registration: |
2001-7-20 |
|
Factory Registration Number: |
99600674 |
|
Factory Manager: |
Jialiang Zhu |
|
Status: |
In Production |
|
Date of Last Annual Return: |
2004-2-26 |
|
Major Products: |
271 Computer and related equipment 272 Telecommunication and broadcast equipment 269 Other electronic components 293 General machinery and equipment 264 Photoelectric material and components 273 Audio visual electronic product 277 Optical instrument and equipment |
Core Management
Directors
|
1 |
|
|
Name |
Jialiang Zhu |
|
Position |
Board Chairman |
|
2 |
|
|
Name |
Daiying Zhu |
|
Position |
Deputy chairman |
|
3 |
|
|
Name |
Lihong Li |
|
Position |
Director |
|
4 |
|
|
Name |
Xiuxia Chen |
|
Position |
Supervisor |
Personnel Structure
|
Total Employees |
About 200 Employees |
Offices & Factories
|
|
Headquarters |
|
Add |
9F, No.192, Lien Chen Rd., Zhonghe Dist., New Taipei City 235, Taiwan (R.O.C.) |
Production Information
Subject is a manufacturer of display and etc.
It is introduced that subject has factories in Taiwan and the mainland of China for production.
Purchase Information
The registered activities of subject:
|
Business Code |
Details |
|
F401010 |
International trade business |
|
CC01110 |
Manufacturing of computer and peripheral equipment |
|
G801010 |
Warehousing industry |
|
CC01030 |
Manufacturing of electrical equipment and audio-visual electronic products |
|
CC01060 |
Manufacturing of wire communication equipment |
|
CC01070 |
Manufacturing of wireless communication equipment |
|
CC01080 |
Manufacturing of electronic components |
|
E603050 |
Engineering of automatic control equipment |
|
E605010 |
Installation of computer |
|
E701010 |
Communication engineering |
|
CE01010 |
Manufacturing of general instrument |
|
F118010 |
Wholesale of software |
|
F119010 |
Wholesale of electronic material |
|
F213010 |
Retail of electrical equipment |
|
F213030 |
Retail of computer and peripheral equipment |
|
F213060 |
Retail of telecom equipment |
|
F213110 |
Retail of battery |
|
F216010 |
Retail of photographic equipment |
|
F218010 |
Retail of software |
|
F219010 |
Retail of electronic material |
|
I301010 |
Software service |
|
I301020 |
Data processing service |
|
I301030 |
Providing of electronic information |
|
I401010 |
Advertising service |
|
I501010 |
Design of product |
|
CE01030 |
Manufacturing of optical instrument |
|
F401021 |
Import of Rf equipment controlled by telecom |
|
CC01101 |
Manufacturing of Rf equipment controlled by telecom |
|
ZZ99999 |
Besides licensed business, all other business items those are not banned or restricted. |
It is introduced that subject purchases components and etc both at home and abroad.
The subject is mainly engaged in sales of display and etc.
It is introduced that subject’s selling territory is mainly Taiwan.
It is introduced that subject’s major customers are manufacturers of electronic products, medical devices and etc.
It is introduced that subject’s group has own brand named “ViewSonic”.
Major Products
|
|
Product |
|
1 |
LCD Displays |
|
2 |
TV |
|
3 |
Digital Signage |
|
4 |
Tablet |
|
5 |
Digital Photo Frames |
|
6 |
Digital Media Devices |
|
7 |
PC |
|
8 |
Projectors |
Import and export right:
|
Import right |
Yes |
|
Export right |
Yes |
Domestic Purchase
|
Payment Terms |
Proportion |
|
|
Components and etc |
COD, CBD and etc |
100% |
Foreign Purchase
|
Payment Terms |
Proportion |
|
|
Components and etc |
CBD and etc |
100% |
Sales
Domestic Markets (Taiwan)
|
Sales Terms |
Proportion |
|
|
Display and etc |
COD, CBD and etc |
100% |
Export
The subject has little export.
Subject has no obligations to disclose its financial statements to the third party according to the relevant policy in Taiwan and the only source from which we can obtain the information is the subject itself.
Subject’s relevant staff Mr. Zhan declined to disclose its financials citing the grounds of company’s confidentiality; from other source we can not obtain the relevant information, either.
Subject declined to disclose its bank details; from other source we cannot obtain the relevant information, either.
Mortgage
No chattel mortgage record of subject
has been found within the recent 3 months.
Lawsuit
Up to date of reporting, no existing or latent litigation of the subject has been found.
|
Name |
Mr. Zhan |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.10 |
|
|
1 |
Rs.99.85 |
|
Euro |
1 |
Rs.82.58 |
INFORMATION DETAILS
|
Report Prepared
by : |
NIS |
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 |
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 |
|
-- |
NB |
New Business |
-- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.