perlos history

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INDUSTRY PROFILE: PERLOS HISTORY: Perlos Corporation was founded in the year 1953. Below is a short summary of the company's history and the most important milestones. If you are interested in reading more, please have a look at the "Story of Perlos LITEONMOBILE / PERLOS www.liteonmobile.com

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Page 1: Perlos History

INDUSTRY PROFILE:

PERLOS HISTORY:

Perlos Corporation was founded in the year 1953. Below is a short summary of the company's history and the most important milestones. If you are interested in reading more, please have a look at the "Story of Perlos 1953-2003" book, which should be available at each location. For more information about the book, please contact Corporate Communications at the Vantaa Headquarters.

In the Beginning There were Three Engineers;

2008

LITEONMOBILE / PERLOS

www.liteonmobile.com

Page 2: Perlos History

Lite-On gained title to all Perlos' shares and Perlos shares and options were delisted from OMX Helsinki on March 14th, 2008.

In June, Perlos launched LITEONMOBILE brand to cover the integrated offering of Perlos, Lite-On and Silitech.

2007

Taiwanese Lite-On Technology makes on  13 August a public tender offer to acquire all of the shares of Perlos Corporation.

Chennai plant in India starts its operation in the summer. The size of the plant is approximately 20,000 sqm.

The second plant in Guangzhou starts its operations in April. Perlos closes down the manufacturing operations in Finland (in North Karelia) by the end of

September. Perlos announces a large-scale profitability programme on January 15. The target of the program is to

considerably improve company´s continuing operations´ operating profit exclusive of non-recurring items compared with 2006.

2006

Mr Matti Virtanen was appointed CEO and President of the company. Perlos´ Healthcare business was sold on November to a new company Medifiq Healthcare Oy, which

is owned by Ratos AB, Perlos Corporation and the management of the new company. The second plant in Beijing started its operations. The plant in Reynosa, Mexico started operations. The Ylöjärvi Plant in Finland was closed down in the end of March.

By year's end, Perlos' personnel were 12,944 including temporary workers and the net sales were 673.6 million Euros.

2005

Perlos became majority shareholder in a mould manufacturing company CIM Precision Moulds in China.

The Komaróm plant in Hungary is expanded to 21,500 sqm. Asperation’s operations were divided between the established companies Perlos Technology Oy and

Aspocomp Technology Oy. Perlos Technology obtained Asperation’s innovations in audio, optical, radio frequency and other technologies connected to mechanics, and Aspocomp Technology primarily gained its innovations in printed circuit board technology.

By year's end, Perlos' personnel were 12,889 including temporary workers and the net sales were 666.8 million Euros.

2004

Mr Isto Hantila is appointed President of the company. Perlos established offices in Tokyo and Taipei.

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Page 3: Perlos History

By year's end, Perlos' personnel were 6117 and net sales 561.6 million Euros.

2003

Manaus plant in Brazil started its operations.

At the end of the year 2003, Perlos had 4657 employees and net sales were 452.3 million Euros.

2002

In the Sunderland Plant, UK, the pharmaceutical production was started. In the Ylöjärvi Plant, Finland, was the painting started in the summer. The building work of Brazilian plant was started in the autumn. The Komaróm Plant was expanded into the 12.500 sqm. The Guangzhou plant was started to expand for the third time totally by 1825 sqm in the beginning of

December. Perlos acquired the Finnish design company C3 in December to strengthen its position in mechanical

design. In November 2002, Perlos signed a letter of intent concerning the purchase of Ace Mold Co Ltd, its

subsidiaries, and Ace Plastics Co Ltd with its manufacturing operation in China. Perlos and the owners of the Ace Mold Co Ltd and Ace Plastics Co Ltd concluded in January 2003 that instead of conducting the transaction as originally planned, it serves the interest of both parties better to continue their existing business co-operation, and Ace will become a key supplier for Perlos. By year's end, Perlos' personnel were 3974 and net sales 364.6 million Euros.

2001

Production at Mahlamäentie in Nurmijärvi was stopped during the first half of the year. Production in England was concentrated in the Sunderland Plant. The China plant was expanded in the autumn to about 12 500 square meters. At the end of the year, a representation office was established in Peking (China), whose aim was

developing and managing the China operations. In December, Perlos bought the Swedish company Moteco AB and its daughter company gigAnt AB.

Moteco and gigAnt design and manufacture antennas for mobile phones and short range antennas. The companies employ 170 in Sweden, Malaysia, China, Singapore and the USA.

By year's end, Perlos' personnel were 3334 and net sales 431,6 million Euros.

2000

In April, the Hungary plant began its operations in brand new premises of 6 500 square meters, and within half a year from starting personnel of about 200.

The China plant began its operation in August in an area of over 8 000 square meters. By early 2001, the plants personnel were about 200.

The Fort Worth plant was expanded by about 10 000 square meters, now with a total area of over 17 000 square meters and the personnel were over 400.

A plant was built in Houghton le Spring in United Kingdom. When adding the tools production facilities built in 1998, the total area of the new plant comes to about 9 000 square meters. The

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Page 4: Perlos History

personnel were about 400.In Finland, plants in North-Carelia and Ylöjärvi were also expanded. After the expansions, the Ylöjärvi plant had an area of 17 640 square meters, Joensuu Lehmonharju plant15 000 square meters and Kontiolahti plant 20 000 square meters.

The personnel had increased by 1 500 within the year, totaling 3 854 by year's end.

1999

Perlos was listed on the Helsinki Stock Exchange and it became a publicly listed company.

The growth of the personnel was again overwhelming, with 2 378 working for Perlos. Net sales were 1 674 million Fmk*.

1998

Perlos (Texas) Inc. moved into its newly refurbished 7 580 square meter premises. A 1 500 square meter new plant for the production of tools was established in Houghton le Spring in

England.During a period of two years, the personnel had increased remarkably by almost 600, with the total personnel being 1 753. Net sales were 1 207 Million Fmk.

1997

The one hundredth million Turbohaler was manufactured by Perlos.

1996

The company's name was changed from GWS Perlos to Perlos.Perlos' personnel were 1 185, and the net sales were 652 million Fmk*.

1995

Perlos (Texas) Inc. began its operations in March in the city of Fort Worth, Texas in the USA. The production space was 3 500 square meters and by year's end a personnel of 20.

The Ylöjärvi plant near Tampere began its operations, with the manufacture of plastic parts and sub-assemblies for the mobile phones.The personnel were 963 and the net sales 485 million Fmk*.

1994

CEP Plastics signed an agreement with Zeneca for the manufacture of Zoladex-syringes, and the first batches were delivered the following year.

England plant was expanded by 1200 square meters.

1993

Kontiolahti's clean room production unit was expanded to about 8 100 square meters. By year's end another 1500 square meters were added to the connectors' production space in Joensuu. In April the so-called Sico Summit was arranged, resulting in the launching of CEP Plastics and its

logo being registered as a trade mark.

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Page 5: Perlos History

1990

A 4 600 square meter clean room production unit was built in Kontiolahti.

Perlos had a total personnel of 576 and net sales of 180 million Fmk*.

1989

A clean room production unit was established in Nurmijärvi.

1988

G. W. Sohlberg Oy had gradually increased its ownership and it was now 100%. Because of that, the company's name changed into GWS Perlos.

The Joensuu plant was again expanded, the area now being 11 300 square meters: 8 300 square meters were allocated to the Plastics and 3 000 square meters for the connectors.Perlos' personnel were 473.

1986

The production of the Turbohaler was moved to Joensuu and deliveries began in the next year.The net sales were 99 million Fmk*, and the 100 million Fmk limit was crossed the following year.

1985

The first parts for mobile phones were manufactured for Mobira Oy, which moved to Nokia's ownership in 1982.

Cooperation in the area of connectors began with Ericsson, having cooperated in the area of plastics since the 1970's.

By year's end, Perlos Ltd began its operations in a 1900 square meter plant in the city of Washington in England.

The Joensuu plant was expanded to 2700 square meters. Over half of the expansion was for the connectors' production.

1984

Clean room production started in the premises of Joensuu plastic plant with the assembly process. The product development of the Turbohaler began in Nurmijärvi.

1982

A 1250 square meter workshop was built in Kontiolahti for the manufacture of molds and machines for small series production. By then, the company had in use altogether 17 450 square meters, with a personnel of 307 and net sales of 51 million Fmk*.

1978

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Page 6: Perlos History

The Joensuu plant was expanded to 5000 square meters. The production of connectors got its own 850 square meter space.

1976

Connectors' production started at several work points. Cooperation with Astra started, with Perlos manufacturing the so called Säkring part for the auto

injectors.

1975

A 2500 square meter plant was established in Joensuu.

1974

G.W.Sohlberg Oy bought its first share of Perlos, and by 1988 its ownership became 100%.The company's total number of personnel had increased to 219 and the net sales 15 600 000 Fmk*.

1973

Operations at Pitäjänmäki stopped.The net sales crossed 10 million Fmk*.

1965

The company built an extra 600 square meters in Nurmijärvi. The personnel were by then 60 persons.

1961

The company built its own premises at Takkatie in Pitäjänmäki with an area of 600 square meters. The personnel had risen to 22 and the net sales to 400 000 Fmk*.

1958

Cooperation with Salora Oy began. Salora may be considered the beginning of cooperation with Nokia, because Salora moved later into Nokia's ownership.

The company moved to new premises at No. 8 Hitsaajankatu in Helsinki's Herttoniemi District, with a production space of 200 square meters, a staff of 10 and net sales of 100 000 Fmk*.

1953

Three Finnish engineers- Carl Johan Timgren, Kyösti Viljakainen and Niilo Tiainen- founded Perlos in 1953 in Helsinki. After starting its operations for a short while in a cellar, the company commenced its proper operations in a forty square meter wooden building in Pitäjänmäki. Production began with an injection molding machine, which the founders had built themselves. The machine produced plugs and covers for different plastic packaging.

In 1955 the net sales were 60 000 Fmk*.

* Net sales are reported in that year's money.

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Page 7: Perlos History

COMPANY PROFILE:

LOM Logo:

INTRODUCTION:

Lite-On Mobile/Perlos is a global design and manufacturing partner for the telecommunications and electronics industries. The service offering covers the whole product life cycle from product design to manufacturing, logistics and new product versions. The production facilities in Asia, Europe and North and South America employ 14.000 persons. The company has started the global transformation of its corporate name from Perlos to Lite-On Mobile in November 2010. In 2010, Lite-On Mobile Corporation's net sales were EUR 569 millions. Lite-On Mobile is a part of Lite-On Group since November 2007.

Lite-On Technology is a leading provider of innovative products for both global and domestic markets, including imaging products, enclosures, power supplies and LEDs. Lite-On's primary objective for all product lines is to be number one in Taiwan and within the top three in the global market.

Lite-On's distinguished reputation has its beginnings in the Taiwan LED industry, where we have ranked number one for the past 30 years. Among Lite-On's many LED products, photocouplers occupy a 14% market share globally. Lite-On is also the world’s largest notebook adapter manufacturer, holding a 60% global market share. Other major products include projector power supplies, phone camera modules, keyboards, and enclosures, all of which have large global market shares.

Lite-On Technology has earned significant recognition from foreign institutional investors during the past two years. Foreign holding of Lite-On shares has increased to around 50% since 2006. Today, the Lite-On company is comprised of nearly 40,000 employees and 48 factories worldwide, with its global headquarters located in Taiwan.

Mission:

We add value by integrating innovative technologies and services for the leading handheld brands.

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Page 8: Perlos History

Vision:

We grow to be your number one choice.

Values:

Think Beyond --

- Tomorrow: show responsibility, respect- Abilities: be proud of what you do, become better- Boundaries: collaborate, commit to common goals- Challenges: find opportunities, make the most of them

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Page 9: Perlos History

Our philosophy:

Lite-On Mobile’s operating philosophy is driven by our desire to create customer value through integrated services and capabilities. We are guided by a profound understanding of market needs and a deep insight into user experience to create looks, feels and functions to enthrall and excite all the senses.

LITEONMOBILE Strategy Update:

LITEONMOBILE service concept was created almost exactly one year ago. How have things developed since then - and what will happen next? LITEONMOBILE CEO, Cor Saris, shares his views.

The core of LITEONMOBILE is built on Perlos’ capabilities and being part of Lite On group, complemented with Silitech and Lite-On Technology commodities and with determination expanded to answer the widening customer needs.

Our strength lies in the ability to span the whole lifecycle of mobile handsets from industrial design and concepts to manufacturing, final assembly and testing.

Corporate responsibility:

Lite-On Mobile (including its subsidiary Lite-On Young Fast, Pte. Ltd.) has a Corporate Social Responsibility Policy harmonized on Lite-On Group level. Integrated approach includes labor, health and safety, environmental, management system and ethics issues.

Three management system certificates achieved:

ISO9001:2008 - Quality Management Systems -Requirements ISO14001:2004 - Environmental Management Systems - Requirements with Guidance for Use OHSAS18001:2007 - Occupational Health and Safety Management System - Requirements

INNOVATIVE CORE:

Commodities:

Plastics & decorations » Metals & decorations » Keymats » Antennas & RF Modules » Touch panels » Opticals & light » Glass & window » Sub-assemblies »

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Seamless and rigid metal unibody design with metal-plastic integration technology (16.2.2012): o A unibody structure made of metal gives a handset an exclusive, high-quality feel.

When it comes to signal reception, Lite-On Mobile’s solution is to enable full antenna functionality by integrating a plastic part into the metal unibody. Metal-Plastic integration technology enables a seamless, high-rigidity and slim metal unibody structure.

o Metal-plastic integration is a cost-saving and effective way of integrating multiple components. The technology is suitable for aluminum & GF-plastic materials, plastic IM windows and sheet windows. Metal-plastic integration with forged metal gives the product high strength and rigidity as well as design freedom for various shapes. A unibody window can be plastic or glass, depending on the design defined with the customer.

o Lite-On Mobile has studied the metal unibody solution and tested various versions with different materials, designs, decoration, and antenna functionalities. The solution with a slim, seamless design is ready for mass production.

o Further information :Jukka Hyvärinen, Senior Manager, Metals Innovations, email jukka. hyvarinen (at)liteonmobile.com

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