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New
objective in 2003¡G One
billion US Dollars within five years.
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Promoting
8015 project to meet the demand of market
expeditiously
ACTION's existing clients are principally
world-renowned large-scaled distributors
and one-channel distributors, bringing more
than 80% of turnover, followed by other
medium-sized ODM clients. Therefore, we
set the initial objective to be 80% of orders
to be delivered in 15 days. In the future,
we need to make efforts for 1003 goals,
in the hope of achieving the final goal
of delivery in three days for 100% of orders. |
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Implementing
four guidelines to activate ACTION
To implement four reformative projects,
namely internationalization, professionalism,
activation and information orientation.
In addition to the ACTION talent training
class to bring up the new generations of
reserve supervisors to maintain the permanent
operation of the enterprise, we will also
carry out the enterprise's educational training
programs comprehensively to develop human
resources with efforts. |
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Project
for issuance of convertible bonds
Foreseeing our rapid growth and
competence to gain profit in the oncoming
years, we have filed an application for
convertible bonds since 2002, which was
approved in 2003 for NT$800,000,000. The
successful fundraising served to be a well-founded
platform for our future development. |
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Listing
of ACTION (MALAYSIA) in Singapore
Internationalization is a perpetual objective
to be sought after by ACTION GROUP. After
carrying out the multi-national production
successfully, to be a listed company in
the various countries shall be fulfilled
this year. The important news this year
was that ACTION (MALAYSIA) has been approved
by Singapore and Malaysian Governments,
and will become a listed company in Singapore
at the end of this year at soonest. This
proved that our affiliates have been matured
enough to be solely responsible for all
aspects, either in production, marketing
and research. |
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Inauguration
of ACTION (SHENZHEN) CO., LTD
Our affiliate in Shenzhen has been inaugurated
in the middle of July, which is providing
a stable and excellent environment for ACTION
production capacity and product quality. |
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Extensive
enrollment of ACTION EDUCATION GROUP
The ACTION EDUCATION GROUP invested by us
in Jianxi in 2002 will carry out the extensive
enrollment of more than 2,500 persons, in
order to provide a resourceful database
to help the development of the enterprise. |
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New objective in 2003: One billion US Dollars within five
years.
In 2003, ACTION GROUP set the goal in gaining yearly revenue
amounting to 300 million US Dollars (approximately ten
billion NT Dollars), with a growth rate of 50% in terms
of the performance of 200 million US Dollars in 2002.
Our goal of before-tax surplus was set at 800 million
NT Dollars, with a growth rate of 21% in terms of the
performance of 660 million NT Dollars (identified after
the gross before-tax surplus less the equity surplus and
the withholding of the affiliated enterprise's income
tax).
Major objectives of ACTION GROUP in 2003:
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Strengthening
R&D work teams / Developing new R&D directions
Orientation to digital electronic mobile satellite
antennas and radio transmission technologies with
integration of existing products to create better
synergy in the future. |
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