Who We Are
At VTech, we live by the words "innovation beyond technology." Our mission is to be the most cost-effective designer and manufacturer of innovative, high-quality consumer electronics products and to distribute them to markets worldwide in the most efficient manner possible.
Established in Hong Kong in 1976, we operate in 10 regions around the world. We have an extensive international distribution network and VTech is publicly listed on the Hong Kong Stock Exchange (HKSE: 303).
VTech invests between 3 and 4% of annual sales straight into research and development-in 2008 this was 51.3 million dollars. Each year VTech introduces over 60 new products based on R&D efforts at centers in Canada, Hong Kong and China.
Within the realm of telecommunication products, our North American operation is one of the top 3 players in the US cordless phone market. VTech's spirit of innovation has allowed us to assume the roles of pioneers and prime movers in the industry. In 1992 we developed the first fully digital 900 MHz cordless phone, in 2002 VTech introduced the first 5.8 GHz cordless phone and in 2005 we introduced the first integrated VoIP cordless phone.
Our licensing agreement with AT&T has yielded a dual AT&T and VTech brand strategy, meaning that we now boast an extensive distribution network incorporating customers such as Wal-Mart, Best Buy, Circuit City, Costco, Office Depot, Staples, Target and more.
VTech has enjoyed an illustrious and eventful history of innovation beyond technology in the consumer telecommunications field. 14 years ago we released the first 900 MHz digital phone. In 1997, we introduced the jellybean trend for cordless phone finishes. Two years later, in 1999, VTech was first once again with the introduction of the 2.4 GHz cordless phone. We acquired the AT&T license in 2000, releasing our first bundle the year after. In 2002, VTech was first to market with the 5.8 GHz cordless phone and in 2003 we introduced the first color LCD available in a cordless phone. Our VoIP line continues to gather both momentum and awards, since releasing the first integrated VoIP cordless in 2005.
As we look to the future, and the evolution of telecommunications, be assured that VTech will continue to lead the way. Exciting new technologies are emerging, and VTech is driving integrated solutions in all areas of our core businesses to provide consumers with innovative, high quality, reliable, leading edge products.