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For Immediate Release

March 3, 2003

Contact Information:
Ka Yue Kwok
(510) 445-0100
kwok@phihongusa.com

Sean Graham
BtB Marketing Communications
(919) 872-8172
sean@btbmarketing.com

Global power supplier Phihong moves U.S. HQ to facilitate growth and customer-support services...

Phihong Expands Service with New Facility in California

Fremont, C.A. ((March 3, 2003) — Phihong has moved their U.S. headquarters to a new and expanded facility in Fremont, CA. The new 30,000 sq. ft. building will house an increased R&D team, as well as additional sales and engineering support staff to meet the growing demand for their products in the North American markets.

“Phihong continues to enjoy steady growth even though the overall market for electronics has been down for the past few years,” said Keith Hopwood, vice president of marketing for Phihong USA.  “Our success in 2002 warrants the investment in the expansion of our facilities and workforce in order to meet the projected demands for next few years.”

Growth is expected to continue with increased sales to existing customers and successful capture of new market shares. “In the last 24 months we have doubled our engineering capabilities in California. We plan to continue investing resources for product development close to our customers and key technology suppliers located in the USA,” reports Peter Lin, chairman, Phihong Enterprise Ltd. “Our low cost, high-quality manufacturing operations in China, combined with our high technology engineering assets in the USA, have proven to be a potent mixture enabling us to win in tough markets where our competitors have suffered decreases in business of as much as 30-60%.”

 To reach the new California office, please call (510) 445-0100, fax (510) 445-1678, email , or write to Phihong U.S.A., 47800 Fremont Blvd., Fremont CA, 94538.

Phihong is the leading supplier of accessories to personal electronic OEMs supplying power, cradles, hands-free headsets, interface cables and virtually any accessory required for the personal electronic device. With global sales for 2003 expected to exceed $300 million, Phihong has engineering and manufacturing facilities in North and South America, Taiwan and mainland China. For information in the U.S., contact Ka Yue Kwok, Phihong, 47800 Fremont Blvd., Fremont CA, 94538, or call (510) 445-0100, fax (510) 445-1678, or email , or visit http://www.phihong.com.

To request an electronic image, please call Sean Graham at BtB Marketing Communications, 919-872-8172, or Email sean@btbmarketing.com.


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