Excerpts from message by Trek 2000 chairman and CEO in 2014 annual report
In particular, the adaptability of our Flucard® across a variety of technological applications continued to drive growth and present us with fresh opportunities for collaboration and product diversification. 2014 has proven to be a rewarding year for us as traction for our proprietary technologies gained momentum in the global market.
In February 2014, we announced that our proprietary Flucard® was granted patent protection for 20 years across major jurisdictions worldwide. This brings our total number of granted patents to 436 and is testament to Trek’s ability to push the barrier for technological innovation and advancement. Furthermore, our partnership with Toshiba to enforce intellectual property (IP) has given us an added edge in protecting our growing library of patents.
Leveraging on the versatility of the Flucard® and its Wi-Fi capabilities, we secured a US$25.0 million agreement in July 2014 to supply Wi-Fi modules to Rely/Mattel China, a global leader in toy manufacturing. The Wi-Fi modules were used in children educational interactive devices and penetrating this market was definitely a leap forward for us.
We are excited to explore more opportunities within the growing consumer electronics market as we specialise in meeting global customers’ needs with our expertise and customised products.
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As a pledge of continued confidence in our strength as an Original Equipment Manufacturer (OEM), Ricoh Imaging extended its collaboration efforts with us in October 2014 by introducing Flucard® to its latest PENTAX K-S1 Sweets Collection.
This follows our previous partnership in November 2013, where we designed a customised Flucard® solution for Ricoh’s PENTAX flagship K-3 digital SLR camera series.
With a focus on our strength in external storage and security solutions, we partnered Unimicron, a subsidiary of UMC, the world’s largest printed circuit board manufacturer, in a joint venture (JV) in October 2014 to produce consumer solid-state drives (SSDs) for portable consumer electronics.
With the market’s gravitation away from hard-disk drives (HDDs) to SSDs due to improved physical characteristics, the JV targets the Greater China market with a global demand valued at US$20.7 billion by 2016 . Staying current to industry’s developments, this JV builds on our track record and expertise in R&D while utilizing Unimicron’s extensive distribution network to establish our presence in the developing market.
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