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5
July 1994 ASUS’s initial name was Hung-Shuo Compute
r
Inc. In July, the company offically
changed the name to ASUSTeK Computer Inc.
August 1994 Increased the
p
aid-in capital to NT$450.337 million with retained earnings.
August 1994 Se
t
up subsidiaries in the United States and Germany for marketing, service, and
repair and maintenance.
October 1994 China Development Industrial Bank became the institute shareholder of the
company.
N
ovember 1994 PCI Pentiu
m
and Dual Pentium were popular in market and exceeded
N
T$300
million in monthly sales for the first time.
December 1994 Taipei Factory was certified with ISO 9002.
December 1994 Purchased Taoyuan Lu-Chu Plant with an area of 2,417 pings and constructe
d
a
manufacturing facility area of 1,200 pings that was put into service in mid-1995.
December 1994 Sales revenue of the year amounted to NT$3.36 billion representing 45.9% growth
from the year before, and the net income amounted to NT$756 million.
January 1995 ASIAN SOURCES Magazine had the company’s quality ranked in the first place
and the company’s technological innovation in the first place of the Top-10
mother board manufacturers in 1994, ahead of both First International Computer
Inc. and Acer.
May 1995 China Credit Information Service, Lt
d
. had the company’s
b
usiness
p
erformance
ranked in the 5th place of the TOP-500 Manufacturers in 1994.
May 1995 The Taoyuan Lu-Chu Plant was officially
p
ut into service for production.
June 1995 Increased the paid-in capital to NT$600 million with retained earnings.
September 1995 CitiSelect Asia Tilt Growth Portfolio became the institute shareholder of the
company.
October 1995 Monthly income exceeded NT$1 billion for the first time.
N
ovember 1995 Presented Pentium Pro server, work station, and motherboar
d
.
December 1995 Sales revenue of the year amounted to NT$7.87 billion representing 134% growth
from the year before and the net income amounted to NT$1.95 billion.
January 1996 Purchased the head office on Li-Te Road and the
b
uilding that was rented for
Taipei Plant with an area of 3,159 pings.
April 1996 Chung-Hua Institution for Economic Research awarded the company with
“Product of the Year Award” and “Enterprise of the Year Award.”
June 1996 China Credit Information Service Ltd. had the company’s
b
usiness
p
erformance
ranked in the 1st place of “The TOP-500 Manufacturers in 1995”.
August 1996 SEC had the company authorized as Class II stock listing company.
August 1996 Increased the paid-in capital to NT$1.2 billion with retained earnings.
N
ovember 1996 ASUS officially went public at Taiwan Stock Exchange Corporation.
December 1996 Sales revenue fo
r
the year amounted to NT$13.327 billion, representing 69%
growth from the year before, and the net income amounted to NT$3.808 billion.
January 1997 Taoyuan Lu-Chu Plant was certified with ISO-9002.
February 1997 Leased Taoyuan Nan-Kan Plant with an area of 4,400 pings ready for production.
February 1997 The ASUS P/I-P65UP5 was awarded with the “5
th
Symbol of Excellence” awar
d
by TAITRA.
April 1997 Established the
N
an-Kan Plan
t
, with an area of 4,400 pings, right next to Lu-Chu
Plant, for a total monthly production of 800,000 motherboards.
May 1997 Increased the paid-in capital to NT$3.23 billion with retained earnings and cash.
May 1997 Collected funds for US$230 million with cash in the form of overseas depository
receipt GDR.