Sat, Sep 23, 2006 - Page 11 News List

Wintek and Catcher make S&P's `Global Challengers' listing

By Jason Tan  /  STAFF REPORTER

Wintek Corp (勝華科技), the nation's biggest producer of screens for handsets, and Catcher Technology Co (可成企業), an electronics component maker, have been included on Standard & Poor's 300 mid-sized company list, according to a statement released yesterday.

In the "S&P Global Challengers" list unveiled yesterday, S&P, the leading index provider, said it has named the two homegrown firms among the 300 firms that have the potential to challenge the world's leading blue chip companies.

The list is comprised of those publicly traded companies that show the highest growth characteristics, S&P's statement said.

This year's list covered 32 countries and 10 sectors, the statement said.

Both companies were also included in the "150 Best Asian Companies" list announced by Business Week this week, which is a ranking of the most outstanding publicly listed companies in the region.

Wintek, the world's No. 2 supplier of handset panels, supplies the world's three-largest mobile phone vendors -- Nokia Oyj, Motorola Inc and Samsung Electronics Co.

The company announced on Sept. 7 that it would buy a third-generation (3G) mobile phone plant from HannStar Display Corp (瀚宇彩晶) for NT$6.1 billion (US$185.2 million) in a bid to increase its capacity to cope with growing demand, as color liquid-crystal-display panels for handsets are rapidly replacing older black-and-white panels.

Catcher is a supplier of magnesium casings for the popular iPod made by Apple Computer Inc.

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