Compal Electronics

{{About|the Taiwanese electronics manufacturer|the Portuguese Beverages & Food company|Sumol + Compal}}

{{Infobox company

| name = Compal Electronics, Inc.

| logo = Compal Electronics logo.svg

| image = Compal Electronics Taipei Office 20150926.jpg

| image_caption = Headquarters in Neihu, Taipei

| type = Public

| traded_as = {{TSE|2324}}

| foundation = {{start date and age|1984|06|01}} Taipei, Taiwan

| founder = {{Unbulleted list|Chau-Ing Hsu|Sheng-Hsiung Hsu|Wen-Being Hsu|Charng-Chyi Ko}}

| location = Neihu, Taipei, Taiwan

| key_people = {{unbulleted list|Ray Chen (Chairman)|Anthony Peter Bonadero (President & CEO)}}

| industry = Computer hardware
Electronics

| products = Notebooks, PDAs, televisions, and others

| revenue = {{profit}} {{US$|31 billion|link=yes}} (2023)

| num_employees = Over 60,000 worldwide

| homepage = [http://www.compal.com/ www.compal.com]

}}

Compal Electronics, Inc. ({{zh|t=仁寶電腦工業股份有限公司}}) is a Taiwanese original design manufacturer (ODM), handling the production of notebook computers, smart phones, tablets, televisions, wearable devices, and more for a variety of clients around the world, including Apple, Alphabet, Acer, Caterpillar, Cisco, Dell, Fujitsu, Hewlett-Packard, Lenovo, Panasonic, Sony, Toshiba, and many more.{{Cite web |title=Compal |url=https://www.compal.com/ |access-date=2024-11-26 |website=www.compal.com |language=en-us}}

As of December 2023, it was ranked #420 on the Fortune Global 500 list.{{Cite web |title=Compal Electronics |url=https://fortune.com/company/compal-electronics/?utm_source=search&utm_medium=advanced_search&utm_campaign=search_link_clicks |access-date=2024-11-26 |website=Fortune |language=en}}

Overview

The company is listed on the Taiwan Stock Exchange (TWSE). As of December 2023, the company had annual revenue of NT$947 billion (US$31 billion),{{Cite web |title=Compal Sales Report - December 2023 |url=https://www.compal.com/media/212/ren-bao-dian-nao-min-guo-112nian-shi-er-yue-fen#:~:text=The%20accumulated%20revenue%20of%202023,representing%20YoY%20decrease%20of%2011.8%25.&text=Note%201:%20Monthly%20consolidated%20revenue,Compal%20Electronics,%20Inc. |access-date=2024-11-26 |website=www.compal.com |language=en-us}} with over 60,000 employees across the world.{{Cite web |title=Compal Company Introduction |url=https://www.compal.com/static/file/Compal_CompanyIntro_2018_V1.0_ENG.pdf}} The company's headquarters is located in Taipei, Taiwan, with offices in Mainland China, South Korea, Poland, Brazil, Vietnam, the United Kingdom, and the United States.{{Cite web |title=contact us |url=https://www.compal.com/contact-us/ |access-date=2024-11-26 |website=www.compal.com |language=en-us}} Compal's main production facility is located in Kunshan, China.

Compal is the second largest notebook manufacturer in the world after Quanta Computer, also based in Taiwan.[http://www.iht.com/articles/2007/04/24/bloomberg/sxstox.php Stocks – International Herald Tribune]{{cite news |last=Lee |first=Sheena |date=2007-04-23 |title=Taiwan's Compal Q1 net profit up 18 pct y/y |work=Reuters |url=https://www.reuters.com/article/technology-media-telco-SP/idUSTPT00135620070423}}

History

Compal was founded in June 1984{{cite web| url= http://www.compal.com/CompalContent.aspx?MenuID=aboutcompal&MenuItemNo=2| publisher= Compal |title= Company Information|access-date= 2015-02-02}} as a computer peripherals supplier.{{cite web|url=http://www.compal.com/Introduction/Html/main_En.html|title=Company Profile|publisher=Compal Electronics|access-date=2011-01-14|archive-url=https://web.archive.org/web/20110720032556/http://www.compal.com/Introduction/Html/main_En.html|archive-date=2011-07-20|url-status=dead}} It went public in April 1990.

In September 2011, Compal announced it would form a joint venture with Lenovo to make laptops in China.{{cite news |url=https://www.washingtonpost.com/business/technology/chinas-lenovo-and-taiwans-compal-enter-joint-venture-to-make-laptops/2011/09/27/gIQADaTC1K_story.html|title=China's Lenovo and Taiwan's Compal enter joint venture to make laptops|newspaper=The Washington Post|date=2011-09-27|access-date=2011-09-27}}{{dead link|date=June 2021|bot=medic}}{{cbignore|bot=medic}} The venture was expected to start producing laptops by the end of 2012.

In January 2015, Toshiba announced that due to intense price competition, it will stop selling televisions in the US and will instead license the Toshiba TV brand to Compal.{{cite web |url=http://www.consumerreports.org/cro/news/2015/01/toshiba-gives-up-selling-tvs-in-the-u-s/index.htm | title= Toshiba gives up selling TVs in the U.S |date=January 30, 2015 |publisher= Consumer Reports | access-date= 2015-02-02|quote= Citing intense price competition in the U.S. TV market, Toshiba says it will stop selling TVs in this country and will instead license the Toshiba TV brand to Compal, a Taiwan-based electronics company. }}

In September 2018, it was revealed that due to overwhelming demand for the Apple Watch, Compal was brought on as a second contract manufacturer to produce the Apple Watch Series 4.{{Cite news|url=https://www.macrumors.com/2018/09/26/apple-watch-series-4-second-supplier-compal/|title=Apple Watch Series 4 Expected to Gain Second Manufacturer Following 'Much Better Than Expected' Demand|access-date=2018-09-26|language=en}}

CCI

File:Compal Comm HQ 20130929.jpg

Compal subsidiary Compal Communications (華寶通訊, CCI) is a major manufacturer of mobile phones. The phones are produced on an ODM basis, i.e., the handsets are sold through other brands. In 2006, CCI produced 68.8 million handsets and was the largest mobile handset ODM in the world. CCI's largest customer by far was Motorola. Motorola's volumes have been reduced year by year, and CCI's volumes have followed. In 2007, the volume was 48.7 million.{{Cite web |url=http://www.emsnow.com/npps/story.cfm?id=32284 |title=Mobile handset ODMs squeezed by EMS providers and Motorola's disappointing performance |access-date=2010-09-17 |archive-url=https://web.archive.org/web/20110710191757/http://www.emsnow.com/npps/story.cfm?id=32284 |archive-date=2011-07-10 |url-status=dead }}