Asus 2011 Annual Report Download - page 203

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199
(II) Conducting high-risk and high-leverage investment, granting loans to others, endorsement
& guarantee and directives policy, root cause of profit and loss, and the responsive
measures:
The company has granted loans to others, endorsement & guarantee, and directives
trade processed in accordance with the “Assets Acquisition and/or Disposition
Procedure” and “Loans and Endorsement & Guarantee Procedure” of the company and
the responsive measures. The company has granted no loan to others in 2011 and had
not arranged any endorsement and guarantee on December 31, 2011.
(III) R&D plans and budgeted R&D expense:
ASUS cannot stress enough the importance of R&D team cultivation and training since
the incorporation. ASUS is able to have the key technology of products controlled to
secure the timing of mass production. ASUS will base on the said fine tradition to
reinforce the R&D capability of the company and add it with market movement to
have unique and innovative information products developed.
1. Products development planned in 2012:
(1) Digital control wireless transmission technology dual core CPU MB
(2) Advanced 3D image display and wireless TV transmission graphic card
(3) Multi-functional, three-in-one smartphone & Padfone Note
(4) Ultra Mobile PC
(5) High-speed router / exchanger / firewall / VPN
(6) New-generation advanced server
(7) Professional LED display
(8) Eee Top PC and Eee Box PC
(9) Transformer Pad
2. R&D budget in 2012: NT$5 billion
(IV) The impact of domestic and international policies and law change on the company’s
finance and the responsive measures: None.
(V) The impact of technology change and industrial change on the company’s finance and
the responsive measures:
ASUS constantly strives to be an integrated 3C solution provider (Computer,
Communications, Consumer electronics). Technology change provides the company with
business opportunity for new products. The company was with 15.28 times of inventory
turnover in 2011; apparently, there was not any significant negative impact on finance.
(VI) The impact of industrial image change on business risk management and the responsive
measures:
ASUS has maintained a fine industrial image and there is not any negative report on
the company’s image.
(VII) The expected effect, potential risk, and responsive measures of merger:
The company’s did not have any merger conducted in 2010 and up to the date of the
annual report printed: N/A
(VIII) The expected effect, potential risk, and responsive measures of plant expansion: N/A
(IX) The risk faced by procurements and sales hub and the responsive measures:
The company’s procurements and sales are not centralized and with a good customer
relationship established; therefore, no risk of procurements and sales centralization.
(X) The impact of massive stock transfer or change by directors, supervisors, and
shareholders with over 10% shareholding, the risk, and the responsive measures: