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China BAK Battery, Inc. (CBAK)

News and Research on China BAK Battery, Inc. (CBAK)

Business Description

China BAK Battery, Inc., through its subsidiaries, engages in the manufacture, commercialization, and distribution of various standard and customized lithium ion rechargeable batteries for use in cellular telephones.

The company also offers various portable electronic applications, including high-power handset telephones, laptop computers, power tools, digital cameras, video camcorders, MP3 players, electric bicycles, hybrid/electric motors, and general industrial applications.

Products

The company develops and manufactures various types of lithium-based rechargeable battery cells, which are the main component of lithium-based batteries used in various portable electronic applications.

Prismatic Cells

The company's prismatic cells batteries are used in Cellular phone, Camcorder, MP3/MP4 player, and Digital camera. The Company developed and sold steel-case cells for cellular phone batteries sold in the replacement market. It manufactures steel-case cells in China. The company's prismatic cells are contained in metal casing made of either steel or aluminum product.

Cylindrical Cells

The company's cylindrical cells are used for notebook computers, portable DVD players and camcorders. It targets cylindrical cells for the notebook computer market.

High-power Lithium-phosphate Cells

The company, in 2005, formed a cooperative relationship with A123 Systems, a high-power lithium battery technology. It uses main materials provided by A123 Systems to manufacture high-power cells for A123 Systems for use in Black & Decker’s DeWalt line of cordless power tools.

Lithium Polymer Cells

The company is producing and exporting lithium polymer battery cells. Its lithium polymer cells do not have a hard metal casing but rather a flexible, pouch-like container.

Markets

The company’s markets include United States, Canada, South Africa, Japan, Singapore, Taiwan, and Hong Kong.

Suppliers

As of September 30, 2006, the company's suppliers included Roofer Group Company; Yijinli technology company Shenzhen Tongli Precision Stamping Products Co., Ltd.; CITIC Guoan; Hunan Shanshan New Material; Shanghai Shan Shan; Changsha graphite; Btr Energy Materials Co., Ltd.; Aluminum Corporation of America, Shanghai; Huizhou United Copper Foi; Zhangjiagang Guotai-Huarong New Chemical Materials Co., Ltd.; Ube Industries; ENTEK; CELGARD; Beijing 706 Factory / Hirano Tecseed Co., Ltd.; Beijing 706 Factory; SevenStar Huachuang; Zhenjiang Tianhua Machinery; Electrical Co., Ltd.; Wuhan Chutian Laser Group; Jiangshu Wujiang Songling; Kaido Manufacturing Co., Ltd.; Nishimura Mfg. Co., Ltd.; BAK (internally developed) / Canon Machinery Corporation; Guangzhou Qingtian Industrial Co., Ltd.; Guangzhou Qingtian Industrial Co., Ltd.; and Guangzhou Bule-key Electronic Industry Co., Ltd.

Customers

The company's customers for prismatic cells used for cellular phones in the replacement market are local battery pack manufacturers, including Desay Power Technology Co., Ltd.; Roofer Technology (Shenzhen) Co., Ltd.; SCUD (Fujian) Electronics Co., Ltd.; Shenzhen Yalitong Electronics Co., Ltd.; and Shenzhen Chaolitong Electronics Co., Ltd.

Competition

The company's competitors include Sanyo Group; Sony Corporation; Matsushita Electric Works, Ltd.; NEC Corporation; Hitachi, Ltd.; LG Group; Samsung Electronics Co., Ltd.; GS Group; BYD Company Limited; Tianjin Lishen Battery Joint-stock Co., Ltd.; Harbin Coslight Technology International Group Co., Ltd.; E-one Moli Energy (Canada) Limited; and Amperex Technology Limited.

History

China BAK Battery, Inc. was founded in 2001.