INNOVATION BEYOND TECHNOLOGY CONTRACT MANUFACTURING DIVISION Sept. 2016 Presented by: Rolf Seichter, HTCS, LLC 1
About the VTech Group Locations • Headquartered in HKG since 1976 • Listed in HKG (HKSE:303) • Factories in HouJie, LiaoBu & QingYuan, R&D Center in SZ • Operations in 11 countries and regions Employees • 29,500 Employees Worldwide • 1,500 R&D Professionals & Engineers Financials • Financially Strong & Reputation for High Quality • 3 Divisions : Phones, Electronic Learning Products & CMS • $1,856.5M in Revenue in Fiscal Year 2016 2
FY16 Group Financial Performance Group Turnover in the Past 5 Years, US$M Group Financial Highlights 2,000 US$M FY14 FY15 FY16 1,899 1880 1,900 1,858 1,857 Sales 1,898.9 1,879.8 1856.5 1,784 Operating Profit 226.6 220.1 202.3 1,800 Profit Before Tax 228.0 221.7 203.1 1,700 R&D Expenses 58.0 56.1 56.3 Cash on Hand 322.9 294.2 273 1,600 No. of Employee 30,900 29,500 27,400 1,500 FY12 FY13 FY14 FY15 FY16 FY16 Sales Distribution by Geography Sales by Companies, US$M 2.9% US$M FY12 FY13 FY14 FY15 FY16 6.9% N. America Europe 706.3 666.4 626.9 651.5 585.0 Phone Asia Pacific Other ELP 657.1 731.3 778.6 703.3 692.3 421.1 460.3 493.4 525.0 579.2 CMS 47.3% 42.9% 3
CMS Annual Sales Trend and Projection 4 th 3-Y Plan Sales (USD’M) 650 3 rd 3-Y Plan Actual 579 525 2 nd 3-Y Plan Projection 493 460 421 390 1 st 3-Y Plan 281 261 248 233 158 128 95 97 93 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 26 th 14 th among the world’s top consecutive year of sales 50 EMS providers in MMI growth 4
FY16 CMS Sales Distribution Automotive 1% Medical 5% North America Communications 6% Europe $192.5 million Asia Pacific $334.0 million LED (33.2%) 4% $52.7 million (57.7%) (9.1%) Pro Audio Home Appliance 36% 5% 579.2 Industrial million 8% Hearable Power Supplies 20% 15% FY16 Major New Product Line Up Ultra Low Noise 96kHz Digital Mixer In-ear Wireless Smart Headphones Calibrated LED Lighting Smart Meter Display Coffee Maker Vehicle Battery Charger Pro Audio Hearable Power Supplies LED Home Appliances 5
Business Strategy of CMS CEO CEO Business Support Support Unit SBU1 SBU1 SBU2 SBU2 SBU3 SBU3 Units The Strategy Business Mission • Growth by Organic with Selective Acquisition Be the preferred business partner of selected customer segment in the EMS • China Plus One Industry • Customers Focus Core Competence & Competitive Edge • Core Competence – Stable middle to senior level staffs with good knowledge in EMS business with skill in serving our customer well. • Competitive Edges – Niche in manufacturing professional audio products, strong financial backup by the Group and right size to serve selected customers segment. 6
CMS Manufacturing Capabilities CMS • 5 buildings with over 85K Sq. M. Manufacturing Area • SMT, Thru-Hole, RoHS, REACH, • ISO9001, ISO14001, ISO13485, TS16949, ISO18001, SA8000 • ANSI ESD S20.20 for all production floors Manufacturing Capabilities • 24 Fuji SMT Lines, State-of-the-Art Equipment • In-housed design and fabrication for ICT, AOI, ATE, FAT • Chip on Board in Class 1,000 Clean Room • Class 10,000 Clean Room for precise products • Burn-in Chambers, X-Ray Inspection, Conformal Coating • Reliability life tests e.g. drop test, high/low temp cycle Plastics in VTech • In-House Manufacturing and Tooling for plastics • 2 Plastic Factories in HouJie and QingYuan • 2 Automatic Spraying Lines in QingYuan factory • 400 Plastic Injection Molding Stations, Up to 850 Tons • Over-Molding Technologies 7
CMS Metal Capability (Acquisition of Kenny Products) Kenny Products : • Established in 1979 with 600 Employees, 25,000 Sq. Meter Factory area • One Stop Service: Tooling Design & Making, Stamping, NC-Punching & Bending, Secondary Process and Surface Treatment Stamping Facility: • 90 sets Press Machines, up to 650 Tons • 40 sets Stamping Robotic arms • Stamp Types: Robotic Stamping Lines, Progressive, Single-Stamping, Transfer and Hydraulic. NC Facility: • 4 sets NC-Punching Machines • 4 sets NC-Bending Machines • Satisfy High-Mix Low-Volume Orders Secondary Process – Welding Facility: • Assembly services catering to functional or appearance related requirement • Laser Welding, Stud Welding, Robotic Arc Welding Machines 8
CMS Metal Capability (Acquisition of Kenny Products) Surface Treatment Facility: • Automatic wet painting line & powder coating line in Class 100K • Silkscreen printing and pad printing workshop • Facilities fulfill environmental regulations Quality Management Systems & Quality Control: • Accredited with ISO9001:2008 and ISO/TS16949 Certificates by BSI • CMM • RoHS Tester • Hardness Tester • Salt-Spray Tester • 3D Vision Projector • Fisherscope X-ray System Products Categories: • Professional Audio Equipment, Home Appliance, Computing Electronics, Office Automation, Power Supply Units and Automotive Products. 9
Quality Management System Quality & Environment System ISO18001 SA8000 ISO9001 ISO14001 ISO13485 ANSI/ESD S20.20 TS16949 System and Process audit VTech Tracking System Identification & Traceability Equipment Statistical Material Product Control Techniques barcode barcode Customer Customer system system Manufacturing Process Material Material Customer Storage, control planning received request & Packaging Outgoing (ERP in SAP) & Quality PO review & Delivery IQC Assurance PO release Production Inspection & Test Vendor Rating System & Improvement Program In-process Outgoing Quality Quality Vendors Control Assurance 10
Protecting Our Client’s Patents and IP Our Procedures to protect IP • NDA or General Confidentiality Agreement • Tightly Controlled Documentation and Copying of Doc’s • Access on an “As needed Basis” • Continuous Training of our Employees • Return of all files after the completion of a Project The Result • Our Customers and potential Clients are fully protected • Our four Buildings as Technology Protection in Projects History and Forward Looking • No History of any IP Violation since our Existence • Ongoing IP & Patent Awareness Training 11
Sustainability Our sustainability vision is to design, manufacture and supply innovative and high quality products in a manner that minimizes any impact on the environment, while creating sustainable value for our stakeholders and the communities. 1) Product Responsibility & Innovation 2) Environmental Protection 3) Workplace Quality 4) Sustainable Operating Practices 5) Community Investment 12
R&D Engineering and Design Support R&D Design Services Include • Product Design, ID Support, Cost-Down Re-design • Electronics including Hardware & Software Design • Mechanical, Structural & Assembly Design • Schematic and PCB Layout Design • Packaging Design (Gift Box, Clamshell, Export Carton, etc) Typical Applications and Competence • HW & SW developments for MCU, MPU, DSP, etc. • Drivers and Embedded System Applications • RF, Wireless, Audio, Consumer Electronics, Medical, Health Care, Telecomm, LED Lighting, • Prototype, Testing and Agency Approval New Product Introduction - NPI • Design for Manufacturability (DFM) • Sample Production and Design Verification & Validation • Selection of Low Cost Components Resources • Located in Nanshan, Shenzhen • Professional Audio Test Lab • CAD & Simulation Software e.g. ProE, Solidworks, FloEFD 13 • 40 Engineers & Technicians support design professionally
Audio Test Laboratory Listening Room Accreditation • South China National Centre of Metrology Features • Test Frequency 125Hz-8KHz • Background noise 28dB or below • Sound isolation 55dB in average • Parametric, Functional & Listening testing • ITU-R BS.11161-1 standard Acoustic Room Accreditation • South China National Centre of Metrology Features • Test Frequency 200Hz-20KHz • Background noise 28dB or below • Sound isolation 55dB in average • Parametric testing • ISO3745-2003 standard • VTech R&D Center Audio Test Laboratory with its state-of-art equipments allows audio product testing to be 14 carried out in house with a shorter turnaround time
Thank You! 15
Recommend
More recommend
