From its development history, we can see that Zhang Xuezheng, CEO of Wintech, has been able to grasp the wind every time in the change of the times, so that the company is invincible.
Although the main business is cell phone ODM, but also contains the design and production of flat panels, intelligent hardware. ODM this design is different from other outsourcing products, this design concept has a certain technical content, mainly including software design, hardware design, structural design, mold design, ID design, PCBA design, UI design and so on. In addition to the R&D business section, it also has product processing production capacity such as hardware production, SMT mounting, CNC processing, assembly and packaging. Due to the strong delivery capability of the whole machine, we have close cooperation with famous brands at home and abroad.
According to the authoritative market research organization Counterpoint statistics 2020 cell phone ODM market share, Wintech with 27% market share ranked second. The top three rankings are Huaqin Communications, Wentai Technology, Longqi Group, etc. The China Qin Communications with 33.5 percent of the market share. Among them, Hua Qin Communication occupies the first place with 33.5% market share and the growth rate is 84%. From the data, it can be seen that ODM is concentrating on the head brand.
After the acquisition of Ansell Semiconductor in 2018, Wintech officially entered the semiconductor. Although the time to enter this field is not very long, but Ensign Semiconductor is a globally recognized semiconductor IDM company, which is the former Philips Semiconductor Standard Products Division. With more than 60 years of experience in semiconductor R & D and manufacturing, the headquarters and factories are located abroad, with an annual output of more than 100 billion. According to the latest news, Wentai Technology has realized the 100% holding of Ansell Semiconductor.
Recently, Wintech announced its annual report for 2020 and the first quarter of 2021. The report shows that the 2020 annual operating income of 51.707 billion yuan, an increase of 24.36% year-on-year, the parent company profit of 2.415 billion yuan, an increase of 9.268 billion yuan. 2021 first quarter operating income of 11.991 billion yuan, an increase of 8.3% year-on-year, the parent company profit of 652 million yuan, an increase of 2.56% year-on-year. Among them, the Q1 operating income of the semiconductor business amounted to NT$3.372 billion, with a gross profit of 34.1%. Accounts cash flow amounted to 6.614 billion yuan year-on-year growth of 43.17%, you can see that the cash flow is more adequate.
In recent months, Wintech has accelerated the pace of mergers and acquisitions, and actively layout of the underlying supply chain of consumer electronics products.2021 Since February 2021, Wintech has acquired 100% of the equity of Ophiophoton's Guangzhou Delta Imaging Technology Co. and intends to purchase 100% of the equity of Guangzhou Delta Imaging Technology Co. in cash, as well as Jiangxi Jingrun Optical Co. owned by the company. Ltd. and related equipment owned by Jiangxi Jingrun Optical Co. The transaction amounted to 2.42 billion yuan. 2021 April 12, Wentai Technology officially announced that Wentai Technology and Gree Venture Capital *** with the establishment of Zhuhai Delta company.
All in all, I think, Wentai Technology is a communication and semiconductor as the core of the technology enterprises, is riding the times of the wind mouth rapid development. However, due to the new crown pneumonia this "black swan" and changes in the external environment, the future development remains to be seen. At the end of the article, if you have any good suggestions, welcome to leave a message in the comments section, I will actively answer, we *** with the growth and progress.