| VTech is one of the world's largest
suppliers of corded and cordless telephones and a
leading supplier of electronic learning products.
It also provides highly sought-after contract manufacturing
services. Founded in 1976, the Group's mission is
to be the most cost effective designer and manufacturer
of innovative, high quality consumer electronics products,
and to distribute them to markets worldwide in the
most efficient manner.
With headquarters in the Hong Kong Special Administrative
Region and state-of-the-art manufacturing facilities
in mainland China, VTech currently has a presence
in 10 countries and approximately 30,000 employees,
including around 1,600 R&D professionals in R&D
centres in Canada, Hong Kong SAR and mainland China.
This network allows VTech to stay abreast of the latest
technology and market trends throughout the world,
while maintaining a highly competitive cost structure.
The Group invests significantly in R&D and launches
numerous new products each year. VTech sells its products
via a strong brand platform supported by an extensive
distribution network of leading retailers in North
America, Europe and Asia. Apart from the well-known
VTech brand, the Group has the rights to use the AT&T
brand in connection with the manufacture and sale
of its wireline telephones and accessories.
In addition, VTech has license agreements with licensors
of well-known children's characters that allow it
to use those characters in the cartridges for its
popular V.Smile product range and certain electronic
learning products.
Shares of VTech Holdings Limited are listed on the
Hong Kong stock exchanges (HKSE: 303). Ordinary shares
are also available in the form of American Depository
Receipts (ADRs) through the Bank of New York Mellon
(ADR: VTKHY).
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