FIC Global,Inc
FIC Global, Inc. (FICG) was established and listed on August 30, 2004. In order to execute the investment holding and industry specialized management policies to cover both synergy and independent developments, to extend the group operations flexibility, and to diversify the investment risks, First International Computer, Inc. (FIC), pursuant to Article 29 of Business Mergers and Acquisitions Act, had set up FICG by way of share exchange and FICG became a 100% holding company of FIC.
FIC used to have a complicated structure with numerous long-term investments and subsidiaries. The consolidated financial reports became complex and hard to understand, not showing the real performance of core businesses. After transformation to an investment holding (industry holding) company, FICG focuses its investments on three industries: EMS (Electronic Manufacturing Service), AIoT Information Technology, and Embedded System Integration.
The transformation was fully supported by the government authorities. It was an innovative development of the technology industry.
FICG has been focusing on core competence and procedures to improve the business model. In addition to providing shareholders with clear and concise financial statements, concentration on core products of subsidiaries brings better delivery terms and customer supports and cooperation of subsidiaries has multiplied the group strength for the stakeholders.
