News and Research on Deswell Industries Inc. (DSWL)
Business Description
Deswell Industries, Inc. engages in the manufacture and sale of injection-molded plastic parts and components, electronic products and subassemblies and metallic molds and accessory parts for original equipment manufacturers (OEMs) and contract manufacturers. The company also engages in the business of distributing audio equipment in China.
Products
The company produces various plastic parts and components that are used in the manufacture of consumer and industrial products, using different plastic injection technologies, such as film injection, integrated injection and insert injection. The products include cases and key tops for personal organizers and remote controls; cases for flashlights, telephones, paging machines, projectors and alarm clocks; grips and rods for fishing tackle; toner cartridges and cases for photocopy and printer machines; parts for electrical products such as air-conditioning and ventilators; parts for audio equipment; double injection caps and baby products; laser key caps; and automobile components.
The company manufactures Electronic products include: complex printed circuit board assemblies using surface mount (SMT), ball grip assembly (BGA) and pin-through-hole (PTH) interconnection technologies; and finished products which include: telecommunication products such as special purpose telephones used as a private automated branch exchange (IPBX), a network terminal and an Internet platform; IP switches, routers; and professional audio equipment such as power amplifiers, digital mixers, digital signal processors.
The company manufactures Metal products include metallic molds and accessory parts used in audio equipment, telephones, copying machines, pay telephones, multimedia stations, and automatic teller machines.
Agreements
In March 2006, the company received approval to establish Shenzhen Kwan Wing Trading Company Limited (Kwan Wing), as a limited liability China Foreign Enterprise wholly owned by Kwanasia Electronics (Macao Commercial Offshore) Limited (KEMCO). Kwan Wing was registered in March 2006 to engage in the distribution of audio, lightings and network visual equipments operations and import and export operations in China.
Markets
The Company sells its products in the United States, Asia (Hong Kong, Japan and China) and Europe (Germany, United Kingdom, France and Italy).
Customers
The Company’s customers are OEMs and contract manufacturers. The Company's major customers include Digidesign, Inc.; Epson Precision (H.K.) Limited; and Line 6 Manufacturing.
History
Deswell industries, Inc. was founded in 1987.
