Vtech 2016 Annual Report Download - page 3

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1981
Launched our first hybrid
computer, CreatiVision, featuring
an integrated PC and video
game console.
1976
1985
1977
1978
1979
Allan Wong and Stephen
Leung established Video
Technology Limited.
Launched our first Apple II
compatible computer, the
Laser 3000.
Introduced one of our PCs, the
Laser 310, to the China market
for the first time.
Developed our first
product, a home TV
game console.
Launched our first
portable LED game
based on a single-chip
microprocessor.
Launched our first
portable LCD game.
1982
Established our first overseas
sales subsidiary in the US.
In our first year of business, we
recorded a turnover of less than
US$1 million.
1980
Launched our first electronic
learning product (ELP),
Lesson One
(book type version).
1984
Began to manufacture satellite
receivers on a contract
manufacturing basis for the
US market.
1983
Introduced our first PC range,
the Laser 100, based on custom
integrated circuit (ASIC) chips
designed in-house.
1986
1987
1988
1989
1990
Listed in Hong Kong in
June under the name
“Video Technology
International (Holdings)
Limited” by way of
introduction.
Introduced our
first electronic learning aid using a
laptop design, Talking Whiz Kid.
Opened our first manufacturing
facilities in mainland China, in
Houjie town, Dongguan city,
Guangdong province.
Entered the preschool market
with two very successful
products, Small Talk and Little
Smart Driver.
Privatised “Video Technology
International (Holdings)
Limited” in October.
Expanded distribution of
our Laser PCs to the US.
Established our first European sales
subsidiary in the UK.
Became the largest manufacturer
of electronic learning
aids sold in the US.
Launched Socrates, our first
educational video system
with wireless remote control.
Established a R&D centre in
Vancouver, Canada.
1992
1995
1994
Re-listed on the Hong Kong Stock
Exchange, establishing a dual
primary listing with London.
LT84X Series Subnotebook won the
grand prize in the Machinery and
Equipment Design category at the
Hong Kong Awards for Industry.
Launched our first
electronic dictionary organiser,
the CV6880.
1993
Established an American
Depositary Receipt programme.
Acquired the Capsela brand of
scientific and construction toys.
Introduced a tabletop
version of Lesson One,
a highly successful first-
generation ELP.
1976-1985 1986-1995
The VTech story started in 1976 with a passion for
electronics, a focus we have maintained throughout
our 40 years in business. Beginning as a small local
company in Hong Kong, through hard work and a
commitment to innovation we have grown into a global
company with operations in 11 countries and regions.
Excellence
40 Years of
1991
Changed our name to
“VTech Holdings Limited”
and listed on the London
Stock Exchange.
Introduced the world’s first
fully digital 900MHz cordless
telephone in the US.