Vtech 2016 Annual Report Download - page 25

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TEL Products
CMS
In the financial year 2016, VTech received over 140
accolades from respected toy and parenting industry
experts, toy councils and retailers around the world.
VTech announced the proposed acquisition of LeapFrog in February 2016. The acquisition was
effected by way of a tender offer and was completed on 4 April 2016, with the result that LeapFrog
became an indirect wholly-owned subsidiary of VTech.
Other Awards
Acquisition of LeapFrog
In the financial year 2016, the Group launched the VTech
branded ErisTerminal and ErisStation in selected European
markets. The Group also successfully replaced all Telstra
branded phones with VTech branded phones across all
channels in Australia.
The ErisStation VCS704 conference phone
with four wireless microphones won the
“2015 Communications Solutions Product
of the Year Award” presented by TMC,
a global integrated media company.
The Group started selling VTech branded baby monitors in the UK, with the Full Colour Video and
Audio model VM312 winning a “Silver Award” from Right Start magazine. In the US, the VM343 Pan &
Tilt model won the “Silver Award” in the category of Monitors in the Prima Baby Awards 2016 from
Prima Baby magazine.
VTech Branded Products Launched in
More Markets
Product of the Year
Award-winning Baby Monitors
A Global Top 50 EMS Provider Service Excellence
New Factory Building Acquisition
VTech Communications Limited was ranked 26th
among the world’s “Top 50 EMS Providers in 2015” in
Manufacturing Market Insider magazine.
VTech Communications Limited received a “Best
Supplier” award and two “Outstanding Supplier”
awards from customers in the area of professional
audio equipment, and a “New Product Development
Award” from an industrial products customer.
A new factory building for CMS
commenced operations in July 2015,
increasing manufacturing capacity
by 25%.
The Group has signed an agreement to acquire the assets
from a third party which allow VTech CMS to extend its
supply chain vertically and secure the supply of high
precision metal tooling and parts.
Kidizoom Smart Watch Plus was
named one of the “Dream Toys
2015 – Toys for Christmas 2015
(Category of Tots Get Busy)” by
the UK Toy Retailers Association
in November 2015.
21VTech Holdings Limited Annual Report 2016