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INN
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Sept 2012May 2013
About the VTech Group
22Shenzhen 2008QingYuan 2005LiaoBu 1997HouJie 1985
• Headquartered in HKG since 1976• Listed in HKG (HKSE:303) & USA (via ADR: VTKHY)• Factories in HouJie, LiaoBu & QingYuan, R&D Center in SZ• Operations in 11 countries and regions
Locations
Employees
• 30,000 Employees Worldwide• 1,300 R&D Professionals & Engineers
Financials
• Financially Strong & Reputation for High Quality• 3 Divisions : Phones, Electronic Learning Products & CMS• Innovation and Engineering Driven
VTech’s Financial Performance
The Group Turnover in the Past 5 Years (US$M )
1448 1532 1713 1784 1858
0500
100015002000
FY09 FY10 FY11 FY12 FY13
a
Key Financial Data (US$M)
FY11 FY12 FY13
• Revenue : 1,712.8 1,784.5 1,858.0
• Operating Profit : 218.7 209.5 224.7
• Profit before Tax 220.3 211.6 226.4
• R&D Expenditure : 56.8 57.2 57.1
• Dividend/Share (Cents) 78.0 77.0 80.0
33
Geographic Sales Distribution FY13
41.4%
5.4%
50.2%
3.0%
Europe
Asia Pacific
N. America
Others
0
100
200
300
400
500
600
700
800
Sales By Companies US$M
Phone 742.3 727.5 706.3 666.4
ELP 508.7 594.9 657.1 731.3
CMS 281.3 390.4 421.1 460.3
FY10 FY11 FY12 FY13
VTech Corporate Structure
44
CMS Sales Distribution – FY13
55
97128
159
233 240 261 281
390421
460
0
100
200
300
400
500
FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13
Sales ($Million)Sales History For Past 10 Years
0
5
10
15
20
25
30
35
40
FY12 39 16 10 13 7 4 4 6 1
FY13 37 16 9 17 9 4 2 5 1
Pro AudioPowerSupply
LED Wireless IndustrialHomeApp.
TelecomMedical &
HealthOthers
Sales By Market (%)
CMS MANUFACTURING
66
CMS
• 650K Sq. Ft. manufacturing areas• SMT, Thru-Hole, RoHS, REACH, • ISO9001, ISO14001, ISO13485, TS16949, ISO18001, SA8000• ANSI ESD S20.20 for all production floors
Manufacturing Capabilities
• 19 Fuji SMT Lines, State-of-the-Art Equipment• 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, Automation process
Plastics in VTech
Special Processes & Testing
• Conformal Coating, Burn-In• Reliability life tests e.g. drop test, high/low temp cycle
• In-House Mfg. and Tooling• 400 Injection Molding Stations, Up to 850 Tons• Over-Molding, Mechanical
CMS TEAM
77
CMS Business Strategies
• Organic Growth
• Focus on Medium Size Customers
• Flexible and Quality Management Services with Design Support
• Customer Focus and Support
R&D Support and Design Support
88
Our Support Includes:
• Product Design, ID Support, Cost-Down Re-design• Electronics including Hardware & Software Design• Mechanical, Structural & Assembly Design• PCB Re-design, Upgrades and Re-spin• Convert a Conceptual Product into Volume Production
Typical Applications and Competence
• HW & SW developments for MCU, MPU, ARM processors, etc.• Drivers and Embedded System Development• RF, Wireless, Audio, Consumer Electronics, Medical, Telecom,
Energy-Star & Saving• Convert an Electronic Schematic to PCB Gerber Data
Resources
NPI
• Design for Manufacturability (DFM)• Sample Production and Design Verification & Validation• Next Generation Design, Cost Reduction, Spec Upgrades
• Design Awarded R&D Group located in Shenzhen• Professional Audio Test Lab• Effective & Accurate Design Simulation Software• Approx. 40 Engineers & Technicians support design professionally
99
Outgoing
Quality
Assurance
System and Process auditSystem and Process audit
Vendor Rating System &
Improvement Program
Vendor Rating System &
Improvement Program
Material
planning
(MRP) &
PO release
Material
planning
(MRP) &
PO release
Customer
request &
PO review
Customer
request &
PO review
Manufacturing Process
control
Manufacturing Process
controlMaterial
received
Material
received
VendorsVendors
Quality & Environment SystemQuality & Environment System
ISO9001 ISO14001 ANSI/ESD S20.20 TS16949
In-process
Quality
Control
IQC
Outgoing
Quality
Assurance
VTech Tracking SystemIdentification & Traceability
VTech Tracking SystemIdentification & Traceability
Product
barcode
system
Material
barcode
systemCustomer
ISO13485
Statistical
Techniques
Statistical
TechniquesEquipment
Control
Equipment
ControlCustomer
ISO18001
Storage,
Packaging
& Delivery
Storage,
Packaging
& DeliveryProduction
Inspection & Test
Quality Management System – Quality System Model
SA8000
Protecting Our Client’s Patents and IP
1010
IP as the most valuable Asset
• We fully recognize the importance of the IP & Patent Protection• VTech VTE & ELP have the same IP Protection Interest• See our Web Site Statement and Details
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
History and Forward Looking
The Result
• Our Customers and potential Clients are fully protected• Our four Buildings as Technology Protection in Projects
• No History of any IP Violation since our Existence• Ongoing IP & Patent Awareness Training
Corporate Social Responsibility –Management Policy
1111
Our CSR Management Methodology
• Maintain the VTech Brand Name & Reputation• Increase the Operational Efficiency• Improve the Customer Satisfaction
Employees & Management
• We care about Employees • We maintain and improve the good Relationship• Operational Efficiency & Staff Motivation, Community Relationship
Corporate & Business Ethics
Health, Safety & Environment
• Safe Work Environment• Protect the Health of our Employees
• Ensure that the CMS Group works at their Highest Standards• Demonstrate an Ethical Conduct, internal as well as external
Success with VTech CMS
1212
Pro Audio / MI
LED Telecom
Medical & Health Power Supply
UKAustria US USUK
US Japan US US US
USJapan Norway Norway
Denmark
1313
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