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Accton Technology Corporation

Accton Technology Corporation (Chinese: 智邦科技; pinyin: Zhìbāng Kējì) is a Taiwanese company in the electronics industry that primarily engages in the development and manufacture of networking and communication solutions, as an original equipment manufacturer (OEM) or original design manufacturer (ODM) partner.

Accton Technology Corporation
Accton headquarters in Hsinchu, Taiwan
Native name
智邦科技
TypePublic
TWSE: 2345
IndustryElectronics
FoundedFebruary 1988; 35 years ago (1988-02)
Headquarters,
Area served
Worldwide
ProductsNetwork switches
Network Appliances
Network Access
Wireless Networking
Broadband Networking
Production output
6.48 million units[1] (2020)
ServicesDesign and Development
Supply Chain
Manufacturing
Revenue US$1.85 billion[1] (2020)
US$180 million[1] (2020)
Number of employees
5200
SubsidiariesEdgecore Networks
IgniteNet
SMC Networks
Websitewww.accton.com

Accton has manufacturing plants in both Taiwan (Hsinchu) and China (Shenzhen) and a total workforce of more than 5200 employees worldwide.

History

Accton was founded on February 9, 1988. Accton filled its IPO in November 1995.[2]

Acquisitions

1999 – Emitcom[3]
2000 – Minority stake in U.S. Robotics modem division from 3Com (with NatSteel from Singapore)[4]
2010 – Mototech[citation needed]
2015 – SMC Networks[citation needed]

Joint ventures

2002 – Accton and SVA Group China – formed SVA Accton[5]
2003 – Accton and Philips – formed Arcadyan Technology[6]
2011 – Accton and Alvarion – formed AWB[7]

Exits

2004 – ADMTek Inc to Infineon for €80 million[8]
2006 – 69% of Arcadyan Technology to Compal for US$30 million[9]

Services

OEM of networking gear

ODM of networking gear

Design and Development
Supply Chain
Manufacturing

Finance

During the year 2009, Accton obtained approximately 69% and 14% of its total revenue from switches and WLAN products, respectively.

During the year 2017, Accton obtained approximately 68% and 12% out of its total revenue from network switches and network appliances. Network access came third with 9%, followed by 5% in Wireless networking and 1% of the revenue coming from Broadband networking gear.[10]

Total sales for 2018 increased 18.23 percent annually to NT$43.09 billion (over USD$1.3 billion) with Facebook, Amazon (company), and HP Inc weighing in.[11]

Year[12] Revenue
(in million US$)
Net income
(in million US$)
Total Assets
(in million US$)
Price per Share (in NT$ at close on
the last trading day of December)[13]
2008 633 12 368 8.41
2009 564 21 428 15.01
2010 742 31 434 19.70
2011 842 28 458 13.75
2012 868 28 436 16.15
2013 724 18 433 15.75
2014 731 21 453 16.00
2015 792 37 480 31.95
2016 940 60 560 50.90
2017 1166 82 600 106.00
2018 1379 94 716 98.60
2019 1790 159 900 168.00
2020 1847 180 1000 316.00

Corporate Affairs

Management

Accton's key management personnel consists of:[14]

  • Fai-Long Kuo (Chairman)
  • Edgar Masri (Chief Executive Officer and President)
  • Ji-Shang Yu (Senior Vice President of Manufacturing)
  • Michael K.T. Lee (Senior Vice President of R&D)
  • Meen-Ron Lin (Chief Financial Officer)
  • Melody Chiang (Senior Vice President of Product Development & Management)
  • Jackal Lee (Senior Vice President of Product Supply & Demand)
  • Phillip Wang (Vice President)
  • Hin-Soon Liew (Vice President)

Board of Directors

Accton's board consists of the following directors:[14]

  • Fai-Long Kuo (Chairman at Accton, former Executive Vice President at Accton)
  • Meen-Ron Lin (Director at Accton, former Manager at Capital Securities Corporation)
  • Heng-Yi Tu (Director at Accton, Chairman of Wan Yuan Textiles, Chung Tai Transportation, and Ting Sing Co, Director of Ve Wong Corporation, SECOM, South China Insurance, and The Ambassador Hotel)
  • Kuo-Hsiu Huang (Director at Accton, President of Accton Technology China)
  • Chung Laung Liu (Independent Director at Accton, Chairman of TrendForce Corporation, director of United Microelectronics Corporation, and FarEasTone Telecommunications)
  • Chih-Ping Chang (Independent Director at Accton, CEO of CTBC Bank Anti-Drug Educational Foundation and former director of the anti-money laundering division at Ministry of Justice’s Investigation Bureau)
  • Shuh Chen (Independent Director at Accton, Chairman of Central Investment Holding Corporation and former Chairman of Taipei Exchange and Administrative Deputy Minister of Ministry of Finance)
  • Shiou-Ling Lin (Independent Director at Accton, Director of Cathay Financial Holdings Co., Executive Director of Tong Lung Metals Co., Director of ETurboTouch, and of Counsel of Lee and Li Attorneys-at-Law)
  • Chen Wei-zen (Independent Director at Accton, supreme consultant of the Formosa Plastics Corporation and former Minister of the Interior, Secretary-General of Executive Yuan, Deputy Mayor of Taipei City, Administrative Deputy Minister of Transportation and Communications, and Deputy Mayor of Taipei County)

Products

Recognition

2018 – Outstanding Work Environment in Gender Equality from the Hsinchu Science Park Bureau[15]
2018 – National Quality Award from the Ministry of Economic Affairs (Presented by President Tsai Ing-Wen)[16]

CSIRO patent issues

The Australian Commonwealth Scientific and Industrial Research Organisation (CSIRO) holds the patent to a component of the IEEE 802.11n standard. This component is also part of other protocols marketed under the Wi-Fi trademark. The IEEE requested from the CSIRO a Letter of Assurance that no lawsuits would be filed for anyone implementing the standard. In September 2007, CSIRO responded that they would not be able to comply with this request since litigation was involved.[17]

In April 2009, it was revealed that CSIRO reached a settlement with 14 companies including Accton plus other major technology companies —Hewlett-Packard, Asus, Intel, Dell, Toshiba, Netgear, D-Link, Belkin, SMC Networks, 3Com, Buffalo Technology, Microsoft, and Nintendo — on the condition that CSIRO did not broadcast the resolution.[18][19][20]

See also

References

  1. ^ a b c "Accton Yearly Financial Report 2020 (Consolidated)" (PDF). July 12, 2021.
  2. ^ "ACCTON TECHNOLOGY CORP. ISIN Code:TW0002345006" (PDF). November 15, 1995.
  3. ^ "Accton boss aims for telco's". December 19, 2000.
  4. ^ "U.S. Robotics deal completed". June 12, 2000.
  5. ^ "Accton and SVA form LAN and home networking joint venture". January 11, 2002.
  6. ^ "Philips and Accton". July 7, 2003.
  7. ^ "Flurry WiMax of Partnering". 2011.
  8. ^ "Infineon acquires ADMtek for 80 million Euros". January 28, 2004.
  9. ^ "Compal acquires wireless unit". August 26, 2006.
  10. ^ "Services and Operations". April 16, 2019.
  11. ^ "Demand for 400G switches could boost Accton's sales". January 21, 2019.
  12. ^ "Annual Reports".
  13. ^ "Accton Technology Corporation (2345.TW)". April 16, 2019.
  14. ^ a b "Governance". March 2, 2020.
  15. ^ "Ministry of Science and Hsinchu Science Park to promote equal rights in the workplace (Chinese)". September 4, 2018.
  16. ^ "Premium Excellence Awards (Chinese)". December 3, 2018.
  17. ^ "802.11 WG Chairs' received email letter response from CSIRO regarding LoA requests for IEEE P802.11n". 2007-09-27.
  18. ^ Hutcheon, Stephen. Bonanza for CSIRO after landmark patent win, The Sydney Morning Herald, April 23, 2009. Accessed September 1, 2009.
  19. ^ Edwards, Kathryn. CSIRO settles wireless battle, Computerworld, April 22, 2009. Accessed September 1, 2009.
  20. ^ MacBean, Nic. Patent proceeds to fund new CSIRO research, ABC News, April 22, 2009. Accessed September 1, 2009.

accton, technology, corporation, chinese, 智邦科技, pinyin, zhìbāng, kējì, taiwanese, company, electronics, industry, that, primarily, engages, development, manufacture, networking, communication, solutions, original, equipment, manufacturer, original, design, man. Accton Technology Corporation Chinese 智邦科技 pinyin Zhibang Keji is a Taiwanese company in the electronics industry that primarily engages in the development and manufacture of networking and communication solutions as an original equipment manufacturer OEM or original design manufacturer ODM partner Accton Technology CorporationAccton headquarters in Hsinchu TaiwanNative name智邦科技TypePublicTraded asTWSE 2345IndustryElectronicsFoundedFebruary 1988 35 years ago 1988 02 HeadquartersEast Hsinchu TaiwanArea servedWorldwideProductsNetwork switches Network Appliances Network Access Wireless NetworkingBroadband NetworkingProduction output6 48 million units 1 2020 ServicesDesign and Development Supply Chain ManufacturingRevenueUS 1 85 billion 1 2020 Net incomeUS 180 million 1 2020 Number of employees5200SubsidiariesEdgecore Networks IgniteNet SMC NetworksWebsitewww wbr accton wbr comAccton has manufacturing plants in both Taiwan Hsinchu and China Shenzhen and a total workforce of more than 5200 employees worldwide Contents 1 History 1 1 Acquisitions 1 2 Joint ventures 1 3 Exits 2 Services 2 1 OEM of networking gear 2 2 ODM of networking gear 3 Finance 4 Corporate Affairs 4 1 Management 4 2 Board of Directors 4 3 Products 4 4 Recognition 5 CSIRO patent issues 6 See also 7 ReferencesHistory EditAccton was founded on February 9 1988 Accton filled its IPO in November 1995 2 Acquisitions Edit 1999 Emitcom 3 2000 Minority stake in U S Robotics modem division from 3Com with NatSteel from Singapore 4 2010 Mototech citation needed 2015 SMC Networks citation needed Joint ventures Edit 2002 Accton and SVA Group China formed SVA Accton 5 2003 Accton and Philips formed Arcadyan Technology 6 2011 Accton and Alvarion formed AWB 7 Exits Edit 2004 ADMTek Inc to Infineon for 80 million 8 2006 69 of Arcadyan Technology to Compal for US 30 million 9 Services EditOEM of networking gear Edit ODM of networking gear Edit Design and Development Supply Chain ManufacturingFinance EditDuring the year 2009 Accton obtained approximately 69 and 14 of its total revenue from switches and WLAN products respectively During the year 2017 Accton obtained approximately 68 and 12 out of its total revenue from network switches and network appliances Network access came third with 9 followed by 5 in Wireless networking and 1 of the revenue coming from Broadband networking gear 10 Total sales for 2018 increased 18 23 percent annually to NT 43 09 billion over USD 1 3 billion with Facebook Amazon company and HP Inc weighing in 11 Year 12 Revenue in million US Net income in million US Total Assets in million US Price per Share in NT at close on the last trading day of December 13 2008 633 12 368 8 412009 564 21 428 15 012010 742 31 434 19 702011 842 28 458 13 752012 868 28 436 16 152013 724 18 433 15 752014 731 21 453 16 002015 792 37 480 31 952016 940 60 560 50 902017 1166 82 600 106 002018 1379 94 716 98 602019 1790 159 900 168 002020 1847 180 1000 316 00Corporate Affairs EditManagement Edit Accton s key management personnel consists of 14 Fai Long Kuo Chairman Edgar Masri Chief Executive Officer and President Ji Shang Yu Senior Vice President of Manufacturing Michael K T Lee Senior Vice President of R amp D Meen Ron Lin Chief Financial Officer Melody Chiang Senior Vice President of Product Development amp Management Jackal Lee Senior Vice President of Product Supply amp Demand Phillip Wang Vice President Hin Soon Liew Vice President Board of Directors Edit Accton s board consists of the following directors 14 Fai Long Kuo Chairman at Accton former Executive Vice President at Accton Meen Ron Lin Director at Accton former Manager at Capital Securities Corporation Heng Yi Tu Director at Accton Chairman of Wan Yuan Textiles Chung Tai Transportation and Ting Sing Co Director of Ve Wong Corporation SECOM South China Insurance and The Ambassador Hotel Kuo Hsiu Huang Director at Accton President of Accton Technology China Chung Laung Liu Independent Director at Accton Chairman of TrendForce Corporation director of United Microelectronics Corporation and FarEasTone Telecommunications Chih Ping Chang Independent Director at Accton CEO of CTBC Bank Anti Drug Educational Foundation and former director of the anti money laundering division at Ministry of Justice s Investigation Bureau Shuh Chen Independent Director at Accton Chairman of Central Investment Holding Corporation and former Chairman of Taipei Exchange and Administrative Deputy Minister of Ministry of Finance Shiou Ling Lin Independent Director at Accton Director of Cathay Financial Holdings Co Executive Director of Tong Lung Metals Co Director of ETurboTouch and of Counsel of Lee and Li Attorneys at Law Chen Wei zen Independent Director at Accton supreme consultant of the Formosa Plastics Corporation and former Minister of the Interior Secretary General of Executive Yuan Deputy Mayor of Taipei City Administrative Deputy Minister of Transportation and Communications and Deputy Mayor of Taipei County Products Edit CheetaHub Classic 2040 1 10BASE2 BNC 8 port 10BASET 1990s CheetaHub Classic 2041 1 10BASE2 BNC 1 port AUI 16 port 10BASET 1990s CheetaHub Power EH3024B 24 port 100BASE TX Network switch 1990s CheetahSwitch Workgroup 3002A 100BASE TX Network switch CheetahSwitch Workgroup 3008A 100BASE TX Network switch CheetahSwitch Workgroup 3016A 100BASE TX Network switch EN2008 AUI to ethernet transceiver EN2032 AUI to ethernet transceiver EtherHub 5st 5 port 10BASET 1990s EtherHub 8Mini 1 10BASE2 BNC 8 port 10BASET 1990s EtherHub 8e 1 10BASE2 BNC 1 port Attachment Unit Interface 8 port 10BASET 1990s EtherHub 8s 1 10BASE2 BNC 8 port 10BASET 1990s EtherHub 8se 1 10BASE2 BNC 8 port 100BASE TX 1990s Network switch EtherHub 12R 1 10BASE2 BNC 1 port Attachment Unit Interface 12 port 10BASET 1990s EtherHub 12S 1 10BASE2 BNC 1 port Attachment Unit Interface 12 port 10BASET 1990s EtherHub 16 1 or 2 10BASE2 1 or 2 BNC 16 port 10BASET 1990s EtherHub 16i 16 port 10BASET 1990s EtherHub 16S 1 10BASE2 BNC 16 port 10BASET 1990s EtherHub 24s 1 10BASE2 BNC 24 port 10BASET 1990s EtherCoax 98X EN1668C EtherCombo 98X EN1668 EtherRepeater II 10BASE2 AUI repeater EtherPair 16 EN1658 P EtherPair 98X EN1668T EtherCoax 16 EN1642 EtherCoax 16 EN1652 EtherCoax 16 EN1662 EtherCombo 16 EN1640 EtherCombo 16 EN1650 EtherCombo 16 EN1660 EtherDuo 16 EN1657 P EtherPair 16 EN1661 EtherPair16 16T EtherPair NE2 EN1622 Fast EtherHub 12se 12 port 100BASE TX 1990s Network switch Fast Ethercard PCMCIA 100BASE TX 1990s Fast SwitcHub 8s 12 port 100BASE TX 1990s Network switch EN1660 005 ISA 10BASET NIC 1990s EN1660 005 ISA 10BASE2 BNC connector AUI 100BASE TX NIC 1990s EN1207B TX PCI 100BASE TX NIC 1990s EN1207D TX PCI 100BASE TX NIC 1990s MR3202A Wireless access point Venus 5 port 10BASE2 1990sRecognition Edit 2018 Outstanding Work Environment in Gender Equality from the Hsinchu Science Park Bureau 15 2018 National Quality Award from the Ministry of Economic Affairs Presented by President Tsai Ing Wen 16 CSIRO patent issues EditThe Australian Commonwealth Scientific and Industrial Research Organisation CSIRO holds the patent to a component of the IEEE 802 11n standard This component is also part of other protocols marketed under the Wi Fi trademark The IEEE requested from the CSIRO a Letter of Assurance that no lawsuits would be filed for anyone implementing the standard In September 2007 CSIRO responded that they would not be able to comply with this request since litigation was involved 17 In April 2009 it was revealed that CSIRO reached a settlement with 14 companies including Accton plus other major technology companies Hewlett Packard Asus Intel Dell Toshiba Netgear D Link Belkin SMC Networks 3Com Buffalo Technology Microsoft and Nintendo on the condition that CSIRO did not broadcast the resolution 18 19 20 See also EditList of companies of TaiwanReferences Edit a b c Accton Yearly Financial Report 2020 Consolidated PDF July 12 2021 ACCTON TECHNOLOGY CORP ISIN Code TW0002345006 PDF November 15 1995 Accton boss aims for telco s December 19 2000 U S Robotics deal completed June 12 2000 Accton and SVA form LAN and home networking joint venture January 11 2002 Philips and Accton July 7 2003 Flurry WiMax of Partnering 2011 Infineon acquires ADMtek for 80 million Euros January 28 2004 Compal acquires wireless unit August 26 2006 Services and Operations April 16 2019 Demand for 400G switches could boost Accton s sales January 21 2019 Annual Reports Accton Technology Corporation 2345 TW April 16 2019 a b Governance March 2 2020 Ministry of Science and Hsinchu Science Park to promote equal rights in the workplace Chinese September 4 2018 Premium Excellence Awards Chinese December 3 2018 802 11 WG Chairs received email letter response from CSIRO regarding LoA requests for IEEE P802 11n 2007 09 27 Hutcheon Stephen Bonanza for CSIRO after landmark patent win The Sydney Morning Herald April 23 2009 Accessed September 1 2009 Edwards Kathryn CSIRO settles wireless battle Computerworld April 22 2009 Accessed September 1 2009 MacBean Nic Patent proceeds to fund new CSIRO research ABC News April 22 2009 Accessed September 1 2009 Retrieved from https en wikipedia org w index php title Accton Technology Corporation amp oldid 1143481858, wikipedia, wiki, book, books, library,

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