Versions Compared

Old Version 1

changes.mady.by.user Julia Zhuzi Yu

Saved on

compared with

New Version 2

changes.mady.by.user Julia Zhuzi Yu

Saved on

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

Panel
borderColor#ccc
bgColor#FFFFCE
titleBGColor#ccccff
borderWidth2
titleWelcome to the Chinese Business Forum!
borderStylesolid

This page contains current research on BenQ Corporation. Information include timeline of firm history, in-depth articles about company events and changes, and analyses of BenQ. Please click on the titles for the full article. We welcome more contributions - submit through Contact US section.

Title

Source

Date

Summary

BenQ Timeline

BenQ.com

--

Timeline of BenQ Corporation's major events

Who is BenQ and Why Isn't it Acer?_\

Various

2003-04

An introduction to BenQ Corp a year after it became independent from Acer Peripherals. Information on its entrance into the Canadian market, future expansion strategies and products, market outlook.

BenQ-Philips Joint Venture

Financial Times

2/23/03

Overview of the details and joint venture to optimize world optical storage shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

...

* Pictures of Chairman of BenQ Corp, K.Y. Lee, and President of BenQ Corp, Sheaffer Lee, courtesy of Benq.com

...

Source: Financial Times

Time: February 23, 2003

Title: "Philips and BenQ Form Major Joint Venture to Deliver Next Generation Optical Storage"

Authors: n/a

Summary of the joint venture:

  • "Philips BenQ Digital Storage aims at a mid-term market-share of fifteen percent in a total world market of two-hundred million units annually, which currently has a value of EUR 8 billion, and plans to win significant gains in the region. The joint venture will pave the way for both companies to leverage their strengths, creating a resource-integrated company that will provide innovative next generation storage solutions, which include CD-Rom and DVD-ROM, but which is evolving into CD-RW, DVD-RW and even DVD+RW."
  • "The cooperation in the new company will further strengthen the successful DVD+RW platform"
  • "The joint venture builds on the dedicated design center for reading and/or recording of data applications which was established in April 2002. It may later include optical storage devices for consumer applications. The company will be headquartered in Taipei, Taiwan."

Reason:

    • "In a recent poll by MORI, 90% of senior decision-makers cited storage technologies as a core component of their overall business planning requirements. For this reason, demand for innovative storage solutions is rising rapidly in the Middle East, as IT managers struggle to contain the huge volumes of data that their companies produce every year."

Quotes:

  • Robert Dung, managing director, BenQ Middle East: "Philips is renowned for its research and intellectual property portfolio while BenQ is strong in development, manufacturing and marketing. The new company will prove to be a strong force in the optical storage industry, using our understanding of the market to provide world-class technology to the Middle East and beyond."
  • Mr. Arthur van der Poel, member of Philips' Board of Management: "This joint venture concludes the series of measures taken to bring Optical Storage back to profitability and will position us well for continued participation in the data segment in a profitable way."