TFT LCD Display Industry
No.10 Promate Electronic co.,LTD
July 1, 2004
No.10 of Top 100 Taiwan companies in the IT industry for 2004, Promate Electronic was featured in Business Next magazine about the company that is the first channel business company listed in Top 10.
According to the article , "Promate is ranked No.10 of Top 100 Taiwan companies in the IT industry for 2004 (compared to No.35 in 2003). Promate is the first company to be listed in the Top 100 for last 5 years."
"Promate has continuously positioned itself in the high tech customization market. As the digital and communication age steadily grows, new and improved products will be aggressively in-demand. Flexible customization is key. Promate established the Display Module division 5 years ago to provide integration of TFT-LCD panel, driving IC and related hardware and software. Promate also invested in an onsite R&D center and 1000 grade clean room in order to develop custom display enhancements, such like high brightness, wide view, and other unique features to shorten the customer¡¦s own development cycle."
"Promate¡¥s sales revenue growth rate for the past year reached 61.7%, which is 34.9% higher than the industry standard. Compared to the industries average growth rate of 28.2%, Promate¡¦s profit growth rate was 74.9%, showing Promate's leading edge. In addition, Promate's ROE growth rate was 34.3% compared to industry average of only 16.4%."