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MiTAC International
(TSEC: 2315)
Taiwan
With the PC industry struggling, the challenge facing most Taiwanese computer makers is diversification. Mitac International is one company that has managed that better than most. It has expanded its server business, winning Dell and IBM as new customers to add to its existing base of Sun Microsystems and Hewlett-Packard. Mitac also is a leading seller of PDAs and handsets equipped with GPS technology, selling under its own Mio brand name and also as a contract manufacturer for Medion. GPS-related sales soared to 28.5% of 2005 sales, compared to just 15% in 2004. Profit in 2005 increased 130%, to $154 million, on a 41% increase in revenue, to $2.6 billion.
Company Info |
|
| 2005 Rank | 67 |
| Sales* ($ Millions) | 2,600.2 |
| Sales Growth (over prev. year) |
41 % |
| Profits* ($ Millions) | 154.1 |
| Return on Equity | 21.6 % |
| Total Return on Sales (12-mo.) | 22.1 |
| Share Price As of 5/31/06 | 1.21 |
| CURRENT MARKET INFO | TSEC: 2315 |
| No. of Employees | |
| Industry | Computers & Peripherals |
| COMPANY WEB SITE > | |
*Trailing 12 months
Stock price data as of 5/31/06
DATA: Standard & Poor's Compustat
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Company Snapshot
MiTAC International engages in the design, manufacture, trade, maintenance, and leasing of computers and related software and hardware. The company operates in three divisions: personal computer product, server product, and mobile communications product divisions. Personal computer product division offers desktop computers and digital home products, such as liquid crystal displays, digital video disk, personal video recording, and chip sets. Server product division provides workstations, servers, and storage equipment. Mobile communications product division offers handheld computers, such as products with wireless communications and multimedia capabilities; handheld global positioning system devices; smart phones; and wireless networking cards; as well as technical support and services. The company operates primarily in Taiwan, China, Japan, the U.S., Britain, Germany, and Belgium. MiTAC International was established in 1982 and is based in Taoyuan, Taiwan.
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