Data Image Corporation (Taiwan, China)

Data Image Corporation was founded in 1997. Public offering issued in 2002. And the company entered GreTai Securities Market as Emerging Stock in 2004. However, the application for listing was unsuccessful. The reason is that the law liability of substantial related people and major customer should be further clarified. (GTSM questioned whether the United States DMC is the real related person. Raw profit ratio of company's sales to the U.S. DMC and reasonableness of DMC's profit margin need to be assessed. And DMC's sales revenue accounted for approximately 40% in the total revenue, indicating Data Image’s high dependency on DMC USA.). Currently, small and medium-size displays are mostly used in mobile phone panels, car navigation systems and game panel, as well as in the small and medium TFTLCD. Market of displays will continue to grow stable. There are also unfavorable factors, such as continuous increased pressure, earnings instability, concentrated risks, and incomplete financial information.