VTech Announces Settlement with the US Federal Trade Commission on Cyber Attack Incident
HONG KONG, Jan. 8, 2018 /PRNewswire/ -- VTech Holdings Limited (VTech, HKSE: 303) announced that its wholly owned subsidiaries, VTech Electronics Limited and VTech Electronics North America, L.L.C., have reached a settlement with the US Federal Trade Commission (FTC) to resolve an investigation o...
VTech Announces 2017/2018 Interim Results
HONG KONG, Nov. 9, 2017 /PRNewswire/ -- * Group revenue increased 5.8% to US$1,039.7 million * Profit attributable to shareholders of the Company rose 45.1% to US$103.6 million * Gross margin improved from 31.9% to 32.3% * Interim dividend of US17.0 cents per ordinary share, the same as th...
VTech Announces FY2017 Annual Results
Record revenue and positioned for growth with three strategic acquisitions HONG KONG, May 16, 2017 /PRNewswire / -- * Group revenue increased by 12.0% to a record US$2,079.3 million * Gross margin improved from 31.4% to 33.2% * Profit attributable to shareholders of the Company decrease...
VTech Welcomes UK Competition & Markets Authority's Approval of LeapFrog Acquisition
HONG KONG, Jan. 13, 2017 /PRNewswire/ -- VTech Holdings Limited (HKSE: 303, VTech) welcomes the United Kingdom Competition & Markets Authority's (CMA) decision to give final and unconditional approval to its acquisition of LeapFrog Enterprises, Inc. (LeapFrog). The CMA has published its view on...
UK Competition & Markets Authority Provisionally Clears Merger of VTech and LeapFrog
HONG KONG, Dec. 12, 2016 /PRNewswire/ -- VTech Holdings Limited (HKSE: 303, VTech) welcomes the United Kingdom Competition and Markets Authority's (CMA) decision to provisionally clear its acquisition of LeapFrog Enterprises, Inc. (LeapFrog). The CMA found that the merger may not be expected t...
VTech Completes Acquisition of German-based Snom Technology AG
BERLIN and HONG KONG, Nov. 21, 2016 /PRNewswire/ -- VTech Holdings Limited (VTech, HKSE: 303), the world's leading manufacturer of cordless phones and a global leader in electronic learning products, today announced that the company has completed its acquisition of Snom Technology AG (Snom), th...
VTech Announces 2016/2017 Interim Results
HONG KONG, Nov. 10, 2016 /PRNewswire/ -- -- Higher revenue driven by growth in ELPs and CMS -- Group revenue increased by 5.9% to US$982.9 million -- Gross margin increased from 30.8% to 31.9% -- Profit attributable to shareholders of the Company decreased by 28.7% to US$71.4 million, mainly d...
VTech to acquire German-based Snom Technology AG
BERLIN and HONG KONG, Oct. 21, 2016 /PRNewswire/ -- VTech Holdings Limited (VTech, HKSE: 303), the world's leading manufacturer of cordless phones and a global leader in electronic learning products, and Snom Technology AG (Snom), the world's first and a leading brand of professional and enterpri...
VTech Announces FY2016 Annual Results
HONG KONG, May 17, 2016 /PRNewswire/ -- * Group revenue decreased by 1.2% to US$1,856.5 million * Profit attributable to shareholders of the Company decreased by 8.4% to US$181.4 million * Gross margin declined from 32.5% to 31.4% * Final dividend of US25.0 cents per ordinary shar...
VTech Completes Acquisition of LeapFrog
HONG KONG and EMERYVILLE, Calif., April 5, 2016 /PRNewswire/ -- VTech Holdings Limited (VTech, HKSE: 303), a global leader in electronic learning products and cordless telephones, today announced that the company has completed its acquisition of LeapFrog Enterprises, Inc. (LeapFrog, NYSE: LF), a ...
VTech to Acquire US based LeapFrog Enterprises
HONG KONG and EMERYVILLE, Calif., Feb. 5, 2016 /PRNewswire/ -- VTech Holdings Limited (VTech, HKSE: 303), a global leader in electronic learning products and cordless telephones, and LeapFrog Enterprises, Inc (LeapFrog, NYSE: LF), a leading developer of educational entertainment for children, tod...
Update on VTech Cyber Attack Incident
HONG KONG, Dec. 3, 2015 /PRNewswire/ -- VTech Holdings Limited (HKSE: 303) today announced that FireEye's Mandiant Incident Response services, one of the world's leading cyber forensic teams, is assisting the Group in it's response to the recent cyber attack to strengthen the security of its s...
VTech Announces 2014/2015 Interim Results
HONG KONG, Nov. 11, 2014 /PRNewswire/ -- * Group revenue increased by 0.9% to US$900.8 million * Profit attributable to shareholders of the Company rose by 7.5% to US$102.7 million * Gross margin improved from 31.7% to 32.2% * Interim dividend of US17.0 cents per ordinary share, 6.3...
VTech Hospitality Appoints Purple Networks as Stocking Distributor
Exclusive agreement covers Europe and Africa HONG KONG, Jan. 22, 2014 /PRNewswire/ -- VTech Telecommunications Limited (VTech), a wholly owned subsidiary of VTech Holdings Limited (HKSE: 303), and UK-based Purple Networks Limited (Purple Networks) today announced the signing of an agreement on the d...
VTech Joins the Hang Seng HK35
HONG KONG, Dec. 10, 2012 /PRNewswire/ -- VTech Holdings Ltd (HKSE: 303) announced that it has become a constituent of the Hang Seng HK 35 today. (Logo: http://www.prnasia.com/sa/2009/06/15/200906151846.jpg ) The Hang Seng HK 35 comprises the 35 largest companies listed in the Hong Kong market...
VTech Updates Media Statement
HONG KONG, July 4, 2012 /PRNewswire-Asia/ -- VTech Holdings Ltd (HKSE: 303) today announced that its customer Telstra has resumed selling VTech products in all Telstra-branded stores. (Logo: http://www.prnasia.com/sa/2009/06/15/200906151846.jpg ) "We are pleased with the Telstra decision. We ...
Media Statement from VTech
HONG KONG, June 22, 2012 /PRNewswire-Asia/ -- VTech Holdings Ltd (HKSE: 303) today responded to certain allegations made by the Institute for Global Labour and Human Rights regarding operations of its factories in mainland China. The Group categorically rejects these allegations and is now consideri...
VTech Executive Appointed Chairman of DECT Forum
Underlines VTech's strength in cordless communications HONG KONG, June 11, 2012 /PRNewswire-Asia/ -- VTech Holdings Ltd (HKSE: 303) today announced that Andreas Zipp, Director of Technology, Europe at VTech Telecommunications Ltd, has been elected as the new Chairman of the DECT Forum, the Swiss-...
