|
| Monday, 10 September 2018, 19:16 HKT/SGT | |
| |
|
|
|
HONG KONG, Sept 10, 2018 - (ACN Newswire) - AAC Technologies Holdings Inc. ("AAC Technologies" or "the Company;" HKEX: 02018) has been named as one of "Asia's Fab 50 Companies" by Forbes again in 2018, the third consecutive year that the company has earned the title.
In compiling the roster of "Asia's Fab 50 Companies," Forbes aims to highlight well-managed entrepreneurial enterprises: naming an honor roll of high-performing blue chips, Asia's "best of the best."
With its commitment in innovation and investment in R&D, AAC Technologies has built a portfolio of advanced technology platforms. As a world-leading total solutions provider, the Company utilizes the latest miniaturized technology components across acoustic, haptic and precision components, MEMS components and optics. As one of the top few companies who have consistently reinvested significant resources on R&D to build sustained technology roadmaps, its average R&D investment accounted for 7-8% of annual revenue. It has set up 15 R&D centers in the United States, Denmark, Finland, Singapore, Japan and South Korea and collaborates with many prominent universities and research institutions such as Stanford University, National University of Singapore Research Institute (Semiconductor), Chinese Academy of Sciences and Nanjing University. Leveraging the established research and technology platforms, it owns over 2,800 patents and over 2,100 patents are pending approval, covering core technologies in electronic products, successfully demonstrating its proprietary capabilities.
AAC Technologies has successful track record in continuously upgrading technological platforms and creating new designs. The Company has achieved outstanding financial performances throughout the years: Recapping historical financial reports, annual revenue achieved a CAGR of 30% for 15 years, reaching RMB21.1 billion in 2017, more than 50 times that of 2003. Also, its gross profit margin stood at over 40% for many years, and its net profit at RMB5.3 billion made it one of the top-performing companies among its Chinese peers. AAC Technologies was selected as a constituent stock of the Hang Seng Index since 2016, and its market capitalization is about RMB100 billion, a growth of about 30 times over its IPO in 2003.
About AAC Technologies Holdings Inc.
AAC Technologies is a constituent stock of the Hang Seng Index, Hang Seng Corporate Sustainability Index, Hang Seng (Mainland and Hong Kong) Corporate Sustainability Index, Hang Seng China (Hong Kong Listed) 25 Index, Hang Seng Composite LargeCap Index, Hang Seng Composite Industry Index (Information Technology), Hang Seng IT Hardware Index, MSCI China Index, MSCI China ESG Index and FTSE Hong Kong Index.
AAC Technologies is a total solution provider utilizing the latest miniaturized technology components across acoustic, haptic and precision components, MEMS components and optics. The Company is already an established leading global supplier of miniaturized acoustic components including a broad range of speakers, receivers and MEMS microphones. The Company delivers integrated solutions across multiple segments incorporating advanced proprietary technologies haptics vibrators, RF antennas and optical components. The Company's products are found in mobile devices such as smartphones, tablets, wearables, and PC notebooks. The Company is global in scope with research and development centers and has established sales offices in key markets serving a large number of geographically diverse customers in the mobile electronics market.
www.aactechnologies.com
For any other enquiries, please contact:
AAC Technologies Holdings Inc.
Eddie Kung
Head of Investor Relations
Tel: 852 3470 0079
Email: EddieKung@aactechnologies.com
Ricky Man
Investor Relations Manager
Tel: 52 3470 0076
Email: RickyMan@aactechnologies.com
For press enquiries:
Strategic Financial Relations Limited
Vicky Lee Tel: 852 2864 4834 Email: vicky.lee@sprg.com.hk
Cecilia Shum Tel: 852 2864 4890 Email: cecilia.shum@sprg.com.hk
Antonio Yu Tel: 852 2114 4319 Email: antonio.yu@sprg.com.hk
Fax: 852 2527 1196
Topic: Press release summary
Sectors: Electronics, Daily News
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2026 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
Latest Press Releases
Graid Technology Launches VROC(TM) by Graid Technology with 24-Month Roadmap and Tier 1 OEM Support
June 2, 2026 08:00 HKT/SGT
|
|
|
AibleClaw Uses NVIDIA Cloud Functions to Bring Up to a 200X TCO Advantage to Long-Running Enterprise AI Agents
June 2, 2026 00:00 HKT/SGT
|
|
|
ONE WALLET Officially Launches on TON: a Keyless, Telegram-Native Wallet That Replaces Seed Phrases with 2-of-3 Shamir Multi-Share Custody 
June 1, 2026 21:00 HKT/SGT
|
|
|
Radisson Expands High-Grade Gold Mineralization Across Previously Undrilled "Trend 1-Trend 2 Gap" at the O'Brien Gold Project
June 1, 2026 18:59 HKT/SGT
|
|
|
SDMC to Formally List on HKEX on May 27, Driving Global Expansion in AI Home Ecosystems
June 1, 2026 18:49 HKT/SGT
|
|
|
Unitree Robotics IPO Goes Before Listing Committee Today; Shoucheng Holdings (697.HK) Robotics Investment Portfolio Valuation Grows Around Fourfold, with Book Value Gains Exceeding RMB8 Billion
June 1, 2026 12:40 HKT/SGT
|
|
|
KoverNow partners with Watch Exchange, Singapore's leading luxury watch dealer, to offer digital watch insurance, backed by AXA XL
June 1, 2026 08:00 HKT/SGT
|
|
|
How to Manage Overseas Expenses Without Disrupting Your Monthly Budget
May 31, 2026 14:00 HKT/SGT
|
|
|
Fujitsu Launches AI-Powered Service to Analyze Non-Financial Disclosure and Enhance Corporate Value
Friday, May 29, 2026 9:11:00 PM
|
|
|
Malaysia-Based ONE COMPANY Foundation Unveils ONE WALLET, a Keyless Telegram-Native Wallet on TON
May 29, 2026 21:00 HKT/SGT
|
|
|
|
|
More Press release >> |
|
 |
|
|
|
|
 |
|
