Avid Electronics Company Profile - Aug 20, 2011

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Avid Electronics  Company Profile - Aug 20, 2011 Powered By Docstoc
					Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Avid Electronics Corporation
                                                                                     440 Wheelers Farms Road
                                                                                     Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Taiwanese Dollars

                                 Wright Quality Rating:LCNN                               Key Data

   Avid Electronics Corp. is a Taiwan-based company engaged in the research,              Ticker:
   development, manufacture and distribution of semiconductors. The Company               6103
   provides integrated circuits (ICs) for audio-compact disc (CD) products, memory ICs,
   digital audio ICs, low drop out (LDO) ICs, frequency modulation (FM) stereo            2010 Sales:
   transmitter ICs, light emitting diodes (LEDs) driver ICs and digital photo frames,
                                                                                          91,287,000
   among others. Its products are used in Discman, boom box, moving picture experts
   group layer-3 audio (MP3) displayers, liquid crystal display panels, Bluetooth, LCD
   monitors, global positioning system (GPS), low power speakers and landscaping,         Major Industry:
   among others. During the year ended December 31, 2009, the Company obtained            Electronics
   approximately 88.58% of its total revenue from chips for audio-CD products. As of
   December 31, 2009, the Company had one wholly owned subsidiary under the name          Sub Industry:
   of United Holdings Business Ltd, which is engaged in investment holding.               Miscellaneous Electronics
                       Stock Chart                                Officers
                                                         Chairman & Chief Executive Country:
                                                                Tianren Chen        Taiwan

                                                               Vice Chairman              Currency:
                                                                  Chunfu Li
                                                                                          Taiwanese Dollars

                                                                                          Fiscal Year Ends:
                                                                                          December

                                                                                          Employees
                                                                                          72

                                                                                          Exchanges:
                                                                                          TAI

                                                                                          Share Type:
                                                                                          Gu
             Stock Price (8/12/2011): 3.52
               Recent stock performance                                                   Market Capitalization:
                  1 Week       -6.1%                                                      194,251,200
                  4 Weeks      -4.9%
                  13 Weeks    -19.8%                                                      Total Shares
                  52 Weeks    -30.7%                                                      Outstanding:
                                                                                          55,185,000
          
				
DOCUMENT INFO
Description: Avid Electronics Corp. is a Taiwan-based company engaged in the research, development, manufacture and distribution of semiconductors. The Company provides integrated circuits (ICs) for audio-compact disc (CD) products, memory ICs, digital audio ICs, low drop out (LDO) ICs, frequency modulation (FM) stereo transmitter ICs, light emitting diodes (LEDs) driver ICs and digital photo frames, among others. Its products are used in Discman, boom box, moving picture experts group layer-3 audio (MP3) displayers, liquid crystal display panels, Bluetooth, LCD monitors, global positioning system (GPS), low power speakers and landscaping, among others. During the year ended December 31, 2009, the Company obtained approximately 88.58% of its total revenue from chips for audio-CD products. As of December 31, 2009, the Company had one wholly owned subsidiary under the name of United Holdings Business Ltd, which is engaged in investment holding.
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