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Compal Electronics

From Wikipedia, the free encyclopedia
Taiwanese contract Notebook manufacturer
This article is about the Taiwanese electronics manufacturer. For the Portuguese Beverages & Food company, seeSumol + Compal.
Not to be confused withCompaq.
Compal Electronics, Inc.[1]
Headquarters inNeihu,Taipei
Company typePublic
TWSE:2324
IndustryComputer hardware
Electronics
FoundedJune 1, 1984; 41 years ago (1984-06-01)Taipei, Taiwan
Founder
  • Chau-Ing Hsu
  • Sheng-Hsiung Hsu
  • Wen-Being Hsu
  • Charng-Chyi Ko
[1]
HeadquartersNeihu,Taipei,Taiwan
Key people
  • Ray Chen (Chairman)[1]
  • Anthony Peter Bonadero (President &CEO)[1]
ProductsNotebooks,PDAs,televisions, and others
RevenueIncreaseUS$31 billion (2023)
Number of employees
Over 60,000 worldwide
Websitewww.compal.com

Compal Electronics, Inc. (Chinese:仁寶電腦工業股份有限公司) is a Taiwaneseoriginal design manufacturer (ODM), handling the production ofnotebook computers,smart phones,tablets,televisions,wearable devices, and more for a variety of clients around the world, includingApple,Alphabet,Acer,Caterpillar,Cisco,Dell,Fujitsu, Framework,Hewlett-Packard,Lenovo,Panasonic,Sony,Toshiba, and many more.[2]

As of December 2023, it was ranked #420 on theFortune Global 500 list.[3]

Overview

[edit]

The company is listed on theTaiwan Stock Exchange (TWSE). As of December 2023, the company had annual revenue of NT$947 billion (US$31 billion),[4] with over 60,000 employees across the world.[5] The company's headquarters is located inTaipei,Taiwan, with offices inMainland China,South Korea,Poland,Brazil,Vietnam, theUnited Kingdom, and theUnited States.[6] Compal's main production facility is located inKunshan,China.

Compal is the second largest notebook manufacturer in the world afterQuanta Computer, also based in Taiwan.[7][8]

History

[edit]

Compal was founded in June 1984[1] as a computerperipherals supplier.[9] It went public in April 1990.[1]

In September 2011, Compal announced it would form a joint venture withLenovo to make laptops in China.[10] The venture was expected to start producing laptops by the end of 2012.

In January 2015,Toshiba announced that due to intense price competition, it will stop selling televisions in the US and will insteadlicense the Toshiba TV brand to Compal.[11]

In September 2018, it was revealed that due to overwhelming demand for theApple Watch, Compal was brought on as a second contract manufacturer to produce the Apple Watch Series 4.[12]

CCI

[edit]
Compal Communications headquarters

Compal subsidiary Compal Communications (華寶通訊, CCI) is a major manufacturer of mobile phones. The phones are produced on anODM basis, i.e., the handsets are sold through other brands. In 2006, CCI produced 68.8 million handsets and was the largest mobile handset ODM in the world. CCI's largest customer by far wasMotorola. Motorola's volumes have been reduced year by year, and CCI's volumes have followed. In 2007, the volume was 48.7 million.[13]

See also

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References

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  1. ^abcdef"Company Information". Compal. Retrieved2015-02-02.
  2. ^"Compal".www.compal.com. Retrieved2024-11-26.
  3. ^"Compal Electronics".Fortune. Retrieved2024-11-26.
  4. ^"Compal Sales Report - December 2023".www.compal.com. Retrieved2024-11-26.
  5. ^"Compal Company Introduction"(PDF).
  6. ^"contact us".www.compal.com. Retrieved2024-11-26.
  7. ^Stocks – International Herald Tribune
  8. ^Lee, Sheena (2007-04-23)."Taiwan's Compal Q1 net profit up 18 pct y/y".Reuters.
  9. ^"Company Profile". Compal Electronics. Archived fromthe original on 2011-07-20. Retrieved2011-01-14.
  10. ^"China's Lenovo and Taiwan's Compal enter joint venture to make laptops".The Washington Post. 2011-09-27. Retrieved2011-09-27.[dead link]
  11. ^"Toshiba gives up selling TVs in the U.S".Consumer Reports. January 30, 2015. Retrieved2015-02-02.Citing intense price competition in the U.S. TV market, Toshiba says it will stop selling TVs in this country and will instead license the Toshiba TV brand to Compal, a Taiwan-based electronics company.
  12. ^"Apple Watch Series 4 Expected to Gain Second Manufacturer Following 'Much Better Than Expected' Demand". Retrieved2018-09-26.
  13. ^"Mobile handset ODMs squeezed by EMS providers and Motorola's disappointing performance". Archived fromthe original on 2011-07-10. Retrieved2010-09-17.

External links

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