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Altek Corporation (Taiwan, China)

Main Activities: Computer and Peripheral Equipment Manufacturing
Full name: Altek Corporation Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Altek Corporation began business in 1996 as a cooperative venture between the Yulon Group - Taiwan's largest automaker ¨C and the China Development Industrial Bank. Focused from day one on digital camera R&D and manufacturing, In 2008, Altek has become the largest digital camera original design manufacturer (ODM) in the world. An innovator in digital image technology, Altek is today renowned as an aggressive and experienced provider of comprehensive digital imaging solutions. Altek Corporation has its headquarters in the Hsinchu Science Park (Taiwan), the Altek Research & Development Center in Taipei / Neihu (Taiwan) and the company's branch office in Los Angeles in the United States. Approval was secured in 2000 to open a global production center in Kunshan, near Shanghai, China, and, today, production capacity at the Kunshan operation is 3 million units per month.Altek was listed on the Taiwan Stock Exchange (TSE) in 2002. Altek was the first manufacturer in Taiwan to develop digital cameras delivering megapixel quality and resolution. From humble, dedicated beginnings, we have fostered exceptional in-house research and development capabilities and built a solid inventory of proprietary technologies. Altek is currently the only digital camera design house with an in-house team dedicated to the design and development of core system chips. Self-designed application specific integrated circuits (ASICs) deliver the qualitative differences that place us solidly ahead of competitors. Exceptional control of product development processes and unmatched expertise in integrating into products a wide range of popular functions helps us respond quickly to market demand and leverage fully our competitive strengths. Over a decade of work developing and improving digital camera products give Altek significant depth in every aspect of our products. In addition to chip design, we have expertise in electro-mechanical systems integration, software design, optoelectronics, precision mechanisms and product casing and industrial design work. Moving forward, we will increasingly leverage the advantages of our vertically-integrated subsidiaries to extend competitive advantages in R&D further into the realms of production and manufacturing. Since 2007, Altek has worked to extend its product offering into the digital video and other arenas. Leveraging in-house core system chip design capabilities, we launched in April 2008 the first digital camera ever to integrate GPS and DSC functionalities. Apart from normal digital camera functions, this new camera supports digital map browsing, searches for scenic spots and direction recommendations and assistance. A milestone in Altek product development, this innovative camera signals the start of a strategic initiative to integrate more functions into digital imaging products; delivering practical, useful products to customers and transforming Altek into a market-oriented solutions provider.

Headquarters
No.12, Li-Hsin Road, Science-Based Industrial Park
Hsinchu City; Hsinchu City;

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Website: http://www.altek.com.tw

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
December 24, 1996
Key Executives
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Chairman
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Director/Member of the Board
Ownership Details
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5.26%
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0.52%
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Subsidiaries
Altek International Holding(Bvi) Co., Ltd. (United Kingdom)
100%
Altek International Investment Co., Ltd.
100%
Altek Japan Corporation (Japan)
100%
Company Performance
Financial values in the chart are available after Altek Corporation report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TWD. Absolute financial data is included in the purchased report.
Net sales revenue
-35.14%
Total operating revenue
-34.41%
Operating profit (EBIT)
5.9%
EBITDA
-17.47%
Net Profit (Loss) for the Period
-16.01%
Total assets
-2.43%
Total equity
-0.81%
Operating Profit Margin (ROS)
2%
Net Profit Margin
1.02%
Return on Equity (ROE)
-0.82%
Debt to Equity Ratio
11.75%
Quick Ratio
0.31%
Cash Ratio
0.29%

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