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The Information Technology 100

11

High Tech Computer

Few Taiwanese companies have better pedigrees than smartphone specialist High Tech Computer, which is also the world's largest manufacturer of PDAs. The company's chairman is Cher Wang, the daughter of petrochemicals billionaire Wang Yung-ching, founder of the Formosa Plastics group and one of Taiwan's richest men. The family also controls chipset designer Via Technologies and memory chip-maker Nanya Technologies.

HTC's stock price has soared since last summer, nearly tripling, as investors have been impressed by its close ties with Microsoft. In its battle against rivals such as Symbian, Microsoft depends on the Taiwanese original design manufacturer to create smart phones that operate on Windows software. HTC's sales last year jumped 67%, to $1.6 billion, and profits were up 108%, to $123 million. Chances are good that HTC will be getting more attention: On May 12, the company made it onto the MSCI emerging markets index, which many Asian-based fund managers use as their benchmark.

Company Info

STOCK INFO NA
Revenues* $1.1 BILLION
Revenue Growth 68.2%
Return on Equity 33.9%
Total Return144.3%
Profits* $115.6 MILLION
Industry COMPUTERS AND PERIPHERALS
CORPORATE WEB SITE
All figures are for the most recent available 12 months.

* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.


Data provided by Standard & Poor's Compustat, BusinessWeek

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Company Snapshot

High Tech Computer Corp. engages in the design and manufacture of mobile computing and communication solutions for original equipment manufacturer and original design manufacturer customers worldwide. The company’s products include smartphones, personal digital assistant phones, personal digital assistant compacts, and smart music phones. Its customers comprise wireless carriers and personal computer makers. High Tech Computer was founded in 1997 and is headquartered in Taoyuan, Taiwan.

No. of Employees

NA


Data provided by Capital IQ
Ho-Tu Cho

Ho-Tu Cho

Bio

Ho-Tu Cho serves as the Chief Executive Officer of High Tech Computer Corp.