DOCSLIB.ORG

Annual Report Acer Incorporated

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report Acer Incorporated 0 1 Acer Incorporated Annual report Published Date: April 30, 2011 www.acer-group.com Printed on eco-friendly paper with soy ink, and compliant with FSC requirements. 20 DISCLAIMER This is a translation of the 2010 Annual Report of Acer Incorporated (the “Company”). The translation is intended for reference only and nothing else, the Company hereby disclaims any and all liabilities whatsoever for the translation. The Chinese text of the Annual Report shall govern any and all matters related to the interpretation of the subject matter stated herein. 01 BUSINESS REPORT ........................................................................................................................................ 5 1.1 Acer’s Core Values ............................................................................................................................................ 8 1.2 2010 Operating Report .................................................................................................................................. 10 1.3 2011 Business Plan ......................................................................................................................................... 11 02 COMPANY IN GENERAL ............................................................................................................................ 13 2.1 Brief Account of the Company ................................................................................................................... 14 03 CORPORATE GOVERNANCE PRINCIPLES ...................................................................................... 17 3.1 Organization of the Company ..................................................................................................................... 18 3.2 Information Regarding Board of Directors, Supervisors and Key Managers ........................... 20 3.3 Corporate Governance Status ................................................................................................................... 24 04 CAPITAL AND SHARES .............................................................................................................................. 33 4.1 Sources of Capital .......................................................................................................................................... 34 4.2 Corporate Bonds ............................................................................................................................................ 38 4.3 Special Shares ................................................................................................................................................. 40 4.4 Global Depository Receipts (GDRs) Issuance ...................................................................................... 41 4.5 Employee Stock Options ............................................................................................................................. 42 4.6 Issuance of New Shares Due to Company’s Mergers and Acquisitions ................................... 43 05 AcER’s WinninG FORMULA ................................................................................................................. 45 5.1 Business Scope ............................................................................................................................................... 46 5.2 Market Highlights ............................................................................................................................................ 46 5.3 Keys to a Sustainable Future ..................................................................................................................... 47 5.4. Employees ......................................................................................................................................................... 49 5.5. Important Contracts ...................................................................................................................................... 53 06 CORPORATE SOCIAL RESPONSIBILITY ............................................................................................ 55 6.1 Environment, Safety and Health Management .................................................................................... 56 6.2 Supply Chain Management ........................................................................................................................ 57 6.3 Communication ............................................................................................................................................... 58 6.4 Community Involvement .............................................................................................................................. 59 6.5 Enforcement of Corporate Social Responsibility by the Company ............................................. 59 07 FINANCIAL STANDING ............................................................................................................................... 65 7.1 Five-year Consolidated Financial Information ..................................................................................... 66 7.2 Five-year Financial Analysis ....................................................................................................................... 68 7.3 Supervisors’ Review Report ....................................................................................................................... 70 7.4 Financial Statements Consolidated Subsidiaries Audited by CPAs of the Past Year ................................................................................... 71 7.5 Disclosure of the Impact on Company’s Financial Status Due to Financial Difficulties ............................................................................................................................... 129 7.6 Financial Prediction and Achievements .............................................................................................. 129 08 RISK MANAGEMENT ................................................................................................................................. 131 8.1 Recent Annual Investment Policy and Main Reasons of Gain or Loss and Improvement Plan .............................................................................................................. 132 8.2 Important Notices for Risk Management and Evaluation ............................................................. 133 INDEX 4 ACER INCORPORATED 2010 ANNUAL REPORT 5 Business Report 01 6 ACER INCORPORATED 2010 ANNUAL REPORT BUSINESS REPORT 7 Business Report to Shareholders Reflecting on our business performance in 2010, Acer Inc. achieved record highs in both consolidated revenues at NT$629.1B (US$19.9B), up 9.6% year-on-year (YOY), and operating income at NT$18.2B (US$ 575 M) with 18.7% YOY growth. Profit-after-tax (PAT) was NT$15.2B (US$478M) and earnings-per-share (EPS) was NT$5.71. Acer’s IT product shipments maintained stable growth in 2010. According to leading market research company, Gartner, Acer grew 14.3% in total PCs and 12.6% in notebooks YOY; both growth rates were higher than our major competitors. Worldwide, Acer ranked No. 2 for both total PCs and notebook shipments. Regionally, Acer reigned the top position for notebooks in EMEA (Europe, Middle East and Africa), ranked No. 3 for total PCs in the USA, and continued our expansion among the emerging markets. In China, the integration of Founder’s PC sales division and channel immediately expanded Acer’s presence; in Q4 2010 Acer ranked No. 2 for total PCs and No. 3 for notebooks in China. Looking ahead to 2011, Acer expects to maintain steady growth in the overall total PC market, with notebook products and emerging markets leading the way. As PCs become an indispensable commodity for everyday life, owning multiple PCs is quickly becoming a norm in households; hence, consumer PCs will play a key role. Another contributor shall come from the commercial market where our goal is to grow quickly and generate good returns, especially from the small and medium-size businesses by offering a full product line to meet the commercial market needs. In view of rising consumer demand for IT applications, a new era of information communication technology (ICT) has dawned. The prevalence of new digital media and services is converging with the internet and influencing lifestyles. The PC industry landscape across the globe is changing according to new usage models, user requirements, form factors, and by the sharp rise in popularity of smartphones and tablet PCs. Similarly, acceptance of open operating systems is altering the environment. To conclude, the solution that offers quick access to internet, easy connection and media sharing, shall have a huge market potential to become the next hot-seller in the PC market. Acer’s key priorities in 2011 are to pursue for better operating income, enhance our position as a world-leading vendor of notebook PCs, further expand into key emerging markets, and boost our presence in the commercial PC space. Moreover, Acer aims to collaborate with more telcos in order to penetrate into the fast-growing smartphone market. In tablet PCs, we need to place solid footing in this space as soon as possible and become one of the leading players. Additionally, we aim to expand market share among our regional operations and product lines, and aggressively develop new product innovations, focusing on helping users to easily enjoy the content and services available to
Load more

Recommended publications
  • Reply Brief of Petitioners
    No. 06-937 In the Supreme Court of the United States QUANTA COMPUTER, INC., QUANTA COMPUTER USA, INC., Q-LITY COMPUTER, INC., COMPAL ELECTRONICS, INC., BIZCOM ELECTRONICS, INC., SCEPTRE TECHNOLOGIES, INC., FIRST INTERNATIONAL COMPUTER, INC. AND FIRST INTERNATIONAL COMPUTER OF AMERICA, INC., PETITIONERS, V. LG ELECTRONICS, INC., RESPONDENT. ON PETITION FOR A WRIT OF CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE FEDERAL CIRCUIT REPLY BRIEF OF PETITIONERS TERRENCE D. GARNETT MAUREEN E. MAHONEY VINCENT K. YIP Counsel of Record PETER WIED J. SCOTT BALLENGER PAUL, HASTINGS, JANOFSKY ANNE W. ROBINSON & WALKER LLP LATHAM & WATKINS LLP 515 SOUTH FLOWER STREET 555 11TH STREET N.W. 25TH FLOOR SUITE 1000 LOS ANGELES, CA 90071 WASHINGTON, D.C. 20004 (213) 683-6000 (202) 637-2200 Counsel for Quanta Computer, Counsel for Petitioners Inc., Quanta Computer USA, Inc., Q-Lity Computer, Inc. Additional Counsel Listed on Inside Cover MAXWELL A. FOX WILLIAM J. ANTHONY, JR. PAUL, HASTINGS, JANOFSKY ERIC L. WESENBERG & WALKER LLP KAI TSENG 34 F ARK MORI BUILDING MATTHEW J. HULT P.O. BOX 577 ROWENA Y. YOUNG 12-32 AKASAKA 1-CHOME ORRICK, HERRINGTON MINATO-KU, TOKYO 107-6034 & SUTCLIFFE LLP JAPAN 1000 MARSH ROAD 813 6229 6100 MENLO PARK, CA 94025 Counsel for Quanta (650) 614-7400 Computer, Inc., Quanta Counsel for Compal Electronics, Computer USA, Inc., Q-Lity Inc., Bizcom Electronics, Inc., Computer, Inc. Sceptre Technologies, Inc. RONALD S. LEMIEUX PAUL, HASTINGS, JANOFSKY & WALKER LLP 5 PALO ALTO SQUARE 6TH FLOOR PALO ALTO, CA 94306 Counsel for First International Computer, Inc. and First International Computer of America, Inc.
    [Show full text]
  • Global Capital, the State, and Chinese Workers: the Foxconn Experience
    MCX38410.1177/0097700 447164412447164Pun and ChanModern China © 2012 SAGE Publications Reprints and permission: sagepub.com/journalsPermissions.nav Articles Modern China 38(4) 383 –410 Global Capital, the State, © 2012 SAGE Publications Reprints and permission: and Chinese Workers: sagepub.com/journalsPermissions.nav DOI: 10.1177/0097700412447164 The Foxconn Experience http://mcx.sagepub.com Pun Ngai1 and Jenny Chan2 Abstract In 2010, a startling 18 young migrant workers attempted suicide at Foxconn Technology Group production facilities in China. This article looks into the development of the Foxconn Corporation to understand the advent of capi- tal expansion and its impact on frontline workers’ lives in China. It also pro- vides an account of how the state facilitates Foxconn’s production expansion as a form of monopoly capital. Foxconn stands out as a new phenomenon of capital expansion because of the incomparable speed and scale of its capital accumulation in all regions of China. This article explores how the workers at Foxconn, the world’s largest electronics manufacturer, have been subjected to work pressure and desperation that might lead to suicides on the one hand but also open up daily and collective resistance on the other hand. Keywords global capital, Chinese state, student workers, rural migrant workers, Foxconn Technology Group When Time magazine nominated workers in China as the runners-up for the 2009 Person of the Year, the editor commented that Chinese workers have brightened the future of humanity by “leading the world to economic 1Hong Kong Polytechnic University, Kowloon, Hong Kong 2Royal Holloway, University of London, Surrey, UK Corresponding Author: Pun Ngai, Department of Applied Social Sciences, Hong Kong Polytechnic University, Kowloon, Hong Kong Email: [email protected] 384 Modern China 38(4) recovery” (Time, Dec.
    [Show full text]
  • 2017 Corporate Responsibility Report
    About this Report 03 Deepening Corporate 44 Corporate Social Responsibility 110 03 Governance Culture 07 Management Overview Message From the Chairman 04 and CEO Corporate Governance Structure 45 Economic 110 About this Report Legal Compliance 49 Environmental 111 Message From the Chairman Important Achievements and 05 Internal Audits 52 Social 112 and CEO Recognition in 2017 Risk Management 53 Important Achievements and Recognition in 2017 CSR Highlights 07 Cultivating Technology, 57 GRI Guidelines 113 CSR Highlights 04 Looking to the Future 08 Laying Foundations, Independent Limited Assurance Report 113 1 United Nations Sustainable Development Goals 58 Expanding Blueprints Laying Foundations, 08 Greenhouse Gas Inventory 114 Innovation and Research 65 01 Expanding Blueprints GRI Standards Index Comparison Table 115 2 Sustainable Values, Customer Service 68 Sturdy Models 3 Deepening Corporate About the Company 09 Governance Culture Brand Values 10 Mission Green: 72 Status of Operations 12 05 Protect the Environment 4 Cultivating Technology, Looking to the Future Circular Economies and Product Life Cycle 73 5 Mission Green: About the Cover Sustainable Values, 13 Responding to Energy and Climate Change Issues 79 Protect the Environment 02 Sturdy Models Our Operations and the Environment 81 6 Thinking Humanely, A confident young woman walks through a forest, Caring for Society looking hopefully out to the future and ready to use her Corporate Responsibility Policy and 14 talents to contribute to a sustainable future. This cover 7 Corporate
    [Show full text]
  • Aspire One Series Service Guide
    Aspire one Series Service Guide Service guide files and updates are available on the ACER/CSD web; for more information, please refer to http://csd.acer.com.tw PRINTED IN TAIWAN Revision History Please refer to the table below for the updates made on Aspire one Series service guide. Date Chapter Updates II Copyright Copyright © 2008 by Acer Incorporated. All rights reserved. No part of this publication may be reproduced, transmitted, transcribed, stored in a retrieval system, or translated into any language or computer language, in any form or by any means, electronic, mechanical, magnetic, optical, chemical, manual or otherwise, without the prior written permission of Acer Incorporated. Disclaimer The information in this guide is subject to change without notice. Acer Incorporated makes no representations or warranties, either expressed or implied, with respect to the contents hereof and specifically disclaims any warranties of merchantability or fitness for any particular purpose. Any Acer Incorporated software described in this manual is sold or licensed "as is". Should the programs prove defective following their purchase, the buyer (and not Acer Incorporated, its distributor, or its dealer) assumes the entire cost of all necessary servicing, repair, and any incidental or consequential damages resulting from any defect in the software. Acer is a registered trademark of Acer Corporation. Intel is a registered trademark of Intel Corporation. Pentium and Pentium II/III are trademarks of Intel Corporation. Other brand and product names are trademarks and/or registered trademarks of their respective holders. III Conventions The following conventions are used in this manual: SCREEN MESSAGES Denotes actual messages that appear on screen.
    [Show full text]
  • “UROP Has Long Represented the Opportunity to Discover, Innovate and Create New Knowledge. the EECS Superurop Promises MIT Un
    “UROP has long represented the opportunity to discover, innovate and create new knowledge. The EECS SuperUROP promises MIT undergraduates an even more intensive and sustained intellectual SuperUROP experience working with our faculty. We expect EECS majors will welcome this new opportunity with enthusiasm.” — Julie B. Norman Senior Associate Dean for Undergraduate Education Director, Office of Undergraduate Advising and Academic Programming 2012– 2013 I am thrilled to celebrate the launch of the new Advanced Undergraduate Research Program in EECS, now officially known as SuperUROP. This collaboration between EECS and the MIT UROP office evolved out of the 2012 EECS strategic plan, which included strong participation from faculty, students, and staff. The program responded to my vision for creating a high caliber undergraduate research program that would produce publication- worthy results. The Undergraduate Student Advisory Group in EECS (USAGE) strongly influenced the overall structure of the program. The SuperUROP program will provide a jump-start on graduate school, act as a startup accelerator, and be an industry-training bootcamp—all rolled “Our engineering students want a into one. The response from students has been extremely positive. We have 86 students participating this inaugural year, and expect that number will deeper understanding of the topics increase in the future. they care about, and they want to apply SuperUROP students engage in a year-long research experience and participate in a course titled “Preparation for Undergraduate Research,” which covers a range of subjects, from selecting projects and research this knowledge in a way that will lead topics in EECS to entrepreneurship and ethics in engineering.
    [Show full text]
  • Item Model Processor Lenovo Thinkpad X230 Tablet Intel Core I7
    Item Model Processor Lenovo Thinkpad X230 Tablet Intel Core i7 Toshiba Satellite E45-B4200 Intel Core i5 HP F9H61UA#ABA Lenovo Thinkpad X220 Lenovo Thinkpad T430 Intel Core i5 Lenovo Thinkpad W510 Intel Core i7 Lenovo B570 Intel Core i3 HP Stream Intel Celeron N3060 HP ASUS Q524U Intel Core i7 7th Gen HP Chromebook Intel Dell Chromebook 11 P22T Sony VAIO VPCS138EC Intel Core i5 Samsung Chromebook 500C Intel Toshiba Satellite E45t-A4100 Intel Core i5 ZED Note Intel Quad Core Samsung Chromebook XE513C24 HP Mini 311-1037NR Intel Atom HP Stream Intel HP Chromebook 11-SMB0 US HP Stream Toshiba NB305-N413BN Intel Atom MSI A4000 Intel Pentium HP Chromebook Intel Sony VAIO VPCF1 Intel Core i7 Lenovo Thinkpad E431 Intel Core i3 Lenovo G50 AMD E1 ASUS F555L Intel Core i3 Toshiba Satellite C655D-S5200 AMD Vision HP Chromebook Intel Celeron N3060 Samsung Notebook 550P Intel Core i3 Lenovo Thinkpad X131e Intel Dell Lattitude E6420 Intel Core i5 Lenovo Thinkpad T410 Intel Core i5 Samsung Chromebook Intel Samsung Chromebook 303C HP Chromebook Sonny VAIO VPCS115FG Intel Core i3-330M Samsung Chromebook 500C Intel Samsung Chromebook 500C Intel Toshiba Chromebook CB35-A3120 Intel Acer Chromebook R 11 Intel Lenovo Thinkpad X230 Tablet Intel Core i5 Samsung Chromebook 500C Intel HP Stream Samsung Chromebook 500C Intel Samsung Chromebook 500C Intel Compaq Presario CQ62 AMD HP Stream Intel Toshiba Chromebook CB35-B3340 Intel HP Pavilion x360 Intel Pentium Samsung Chromebook 303C Samsung Chromebook 500C Intel Samsung Chromebook 500C Intel HP Stream Intel Samsung
    [Show full text]
  • Windows10 SSD Productivity
    A Principled Technologies report: Hands-on testing. Real-world results. Stay unplugged Wait less and stay unplugged longer up to * using Microsoft Windows 10 laptops 2X longer with SSDs Choose solid-state drives over hard disk drives to improve your Windows 10 laptop experience ® ® When choosing your next Microsoft Windows 10 laptop, you Start up and shut have hundreds of options with a wide array of features, form down up to factors, and hardware specs. But there’s one thing that affects * everything from user experience to performance and even battery 3X faster life: storage. Choosing the right storage option can help narrow the field and make it more likely you’ll be happy with your new device. So, which type of storage—solid-state drive (SSD) or hard disk drive (HDD)—has the most potential to improve your day-to- day experience? And how does storage impact battery life? Access the web † Our hands-on testing and review of 38 Windows 10 laptops reveals up to a consistent story: Choosing a Windows 10 laptop with SSD storage * over HDD storage reduces the time it takes your laptop to boot up, 48% faster shut down, launch programs, and get on the web. Plus, the battery life on laptops equipped with SSDs was longer than the battery life on most of the laptops with HDD storage. Read on to see how choosing a Windows 10 laptop with SSD storage can make the difference between a great experience Jump to the next and a mediocre one. task up to 52% faster* * Based on HDD and SSD averages † Link to a list of laptops we tested Wait less and stay unplugged longer using Microsoft Windows 10 laptops with SSDs January 2019 (Revised) Get more even when you spend less Take full advantage of the internet without breaking the bank Many people don’t need to edit videos or do comprehensive financial analyses that require a terabyte (TB) of storage—they just need an entry-level Windows 10 laptop they can use to keep track of their schedules, create budgets, and access online resources.
    [Show full text]
  • Independent Accountants' Review Report
    (English Translation of Financial Report Originally Issued In Chinese) QUANTA COMPUTER INC. FINANCIAL STATEMENTS JUNE 30, 2012 AND 2011 (WITH INDEPENDENT AUDITORS’ REPORT THEREON) Address: No. 188 Wen Hwa 2nd Rd., Kuei Shan Hsiang , Tao Yuan Shien, Taiwan Telephone: 886-3-327-2345 - 1 - WorldReginfo - ff7f59af-5a34-4c96-b8cd-29c8690ed675 TABLE OF CONTENTS Contents Page Cover Page 1 Table of Contents 2 Independent Auditor’s Report 3 Balance Sheets 4 Statements of Income 5 Statements of Changes in Stockholders’ Equity 6 Statements of Cash Flows 7 Notes to Financial Statements 8-48 - 2 - WorldReginfo - ff7f59af-5a34-4c96-b8cd-29c8690ed675 (English Translation of Financial Report Originally Issued In Chinese) Independent Auditors’ Report To the Board of Directors and Shareholders of Quanta Computer Inc.: We have audited the accompanying balance sheets of Quanta Computer Inc. (the Company) as of June 30, 2012 and 2011, and the related statements of income, changes in stockholders’ equity, and cash flows for the six months then ended. These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these financial statements based on our audits. Except as described in the following paragraph, we conducted our audits in accordance with “Rules Governing Auditing and Certification of Financial Statements by Certified Public Accountants” and auditing standards generally accepted in the Republic of China. Those regulations and standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements.
    [Show full text]
  • Emachine G420 Manual
    Emachine G420 Manual Acer - Aspire 3010, Aspire 5010 Service Manual, Aspire 3620, Travelmate 2420 Acer - Aspire 9110, Aspire 9120 Service Manual, Emachines G620 G420. An eMachines computer running Windows 8 can be restored to factory settings using the "Reset My PC" functionality. emachines g420 recovery partition emachines g420 memory emachines g420 drivers windows. Disk Hdd for eMachines D525 E520 E525 E620 E630 E725 G420 G620 G720 em EEEKit for Manual Scanner Printer PC 4 Port USB2 0 Sharing Switch Box. Acer - Notebook - eMachines G620 G420 Padus Service. Manual - Plus huge bonus gifts if you buy today. Click Here to Read More You May Also Select. Pdf downloads for emachines e725. emachines g420 recovery partition emachines Added on 2015-08-28 Popular: 42% File : emachines-e725-manual.pdf. Emachine G420 Manual Read/Download ACER EMACHINES G420-G620 QUANTA ZY5 ZY5D REV 3B SCH, ACER ACER EMACHINES G620 G420 SERVICE MANUAL REPAIR GUIDE, ACER. ACER NEW ACER EMACHINES G420 G620 SERIES LCD INVERTER 19. ACER M87-S01MW - 87IN (4:3) WALL & CEILING WHITE MANUAL SCREEN FOR. Emachines e625 drivers for windows 7 - driverscollection com g420 w340ua notebook battery for emachines d525 d725 e430 e525 63 drivers, manual. Welcome to Acerweb your one stop shop for acer and packard bell spares : acer - Acer aspire laptop spares Acer travelmate laptop. VIZIO TV LCD PLASMA LED Repair Service Manuals (PDFs manual s on DVD) NEW Acer eMachines G420 G520 G620 G720 Laptop LCD Screen. New Laptop LCD Inverter for Acer TravelMate 7330 7530 7530G 7730 Emachines G420 G620 series · Shenzhen Xiaoming Technology Co., Ltd. Offline.
    [Show full text]
  • Shape of Automation
    Ling-Fei Lin The [Shapeless] Shape of Automation: Moments of Constructing Factory Robots in East Asia Ling-Fei Lin, Harvard University For WeRobot 2018 Conference @ Stanford Law School Creation brings transformation and also destruction, but in what shape? When robots and automation gradually penetrate into factory life in East Asia, what will the micro production landscape look like? At the transitioning moment of constructing and using assembly robots, changes are never linear and straightforward. When new robotic species are made, one by one, by their human creators, long-term human practices are segmented, analyzed, rationalized, and then mechanized. It is not the whole body, but anatomized parts and functions that are replaced. Furthermore, they bring equally shocking effects to those who work with the replaced core. With new functions and potentially new divisions of labor, robots start to compete and co-evolve with (parts of) humans and their practices, although usually with overwhelming power over their competitors. Laptop Production Landscape East Asia has been a major production base for global consumer electronics and computer products for a few decades, in particular after the 1980s. In the laptop industry, annually around 50-90% of worldwide products were made by Taiwanese contract manufacturers with their factories in China after 2001, including Quanta Computer, Compal Electronics, Wistron Corpration and Foxconn Technology, producing brand products for Apple, Dell, Hewlett Packard, Acer, Asus and so on. The emerging usage of assembly robots in computer factories is a watershed and provides us with an excellent opportunity to explore the inner social world of producers since 1 Ling-Fei Lin all elements have to react to this changing moment.
    [Show full text]
  • Zettacom Raises $47.5 Million in Second Round -- Second Round Funding Led by Granite Global Ventures
    Contact: Amy Caplan ZettaCom, Inc, (408) 869-7000 [email protected] ZettaCom Raises $47.5 Million in Second Round -- Second Round Funding Led by Granite Global Ventures -- Santa Clara, Calif. – June 19, 2001 – ZettaCom, Inc., a leading supplier of high-performance and configurable optical silicon solutions, announced today that it has successfully completed the closing of its Series B equity round with a total amount of $47.5 million. This substantial round helps position ZettaCom as a significant force in the semiconductor components arena, and brings the total amount of equity financing issued, raised and committed to $58.5 million since the company’s inception in 1999. According to RHK, a leading telecommunications market research firm, the optical silicon market currently represents 15% of total service infrastructure spending. Optical silicon devices will result in a market that will grow to over $12 billion in 2005. ZettaCom’s unique background and product strategy will position it as a leader in this huge emerging market. Over twelve major design wins in the last seven months validate ZettaCom’s claim to leadership in this space. The company’s recent infusion of funds will accelerate the build-out of ZettaCom’s specialized communication ICs (integrated circuits), expansion of its national operations, further development initiatives, and continued growth of the company’s highly skilled, professional teams. The Series B investors include: Granite Global Ventures, Venrock Associates, Norwest Venture Partners, J. & W. Seligman & Co., Development Bank of Singapore, JPMorgan Partners (NYSE:JPM), k1 Ventures, Vertex Management, Crimson Ventures, Infineon Ventures, U.S. Bancorp Piper Jaffray (NYSE:USB), SG Cowen Ventures Fund, Banc of America Securities LLC (NYSE:BAC), and United Investments.
    [Show full text]
  • Taiwanese PC Makers Hang Big Hopes on Small Laptops
    E-Commerce Times > Enterprise IT > Hardware Taiwanese PC Makers Hang Big Hopes on Small Laptops By Annie Huang AP 02/23/09 9:08 AM PT Taiwanese computer makers may find it easier to the weather worldwide economic troubles thanks to tiny notebooks, also known as netbooks. Two major manufacturers there -- Acer and Asus -- lead the market in low-cost, small-sized netbooks, which many consumers see as a wise purchase given tightening household budgets. Thinking small might help Taiwan's computer industry emerge from the global downturn as an even bigger global player. While the worldwide computer market is suffering through its worst sales in years, one bright spot is coming from the mini-laptops known as "netbooks," which appeal to the budget-conscious in tough times. Several research groups have forecast that global demand for the thin, light machines could double this year -- and the category is dominated by Taiwanese brands and Taiwanese contract manufacturers. With the island's $2.5 billion in electronics exports accounting for one-fifth of Taiwan's overall exports in January, Taiwanese government planners hope netbooks can boost an economy that is struggling. At 5 percent, unemployment is moderate by worldwide standards but at a five-year high in Taiwan. With exports registering two consecutive monthly drops of more than 40 percent year-over-year, economists are predicting a 3 to 6 percent contraction in the Taiwanese economy for 2009. Convenient Sizes Taiwan-made mini-laptops burst onto the world's electronics scene with an estimated 11 million units sold last year. This year, sales could hit 22 million units, according to several analysts.
    [Show full text]