Ability Enterprise Co., Ltd. (Taiwan, China)

Ability Enterprise Co., Ltd. was founded by Tong Ching-Hsi & Tong Chiung-Shiung brothers in Taipei in 1965. At the beginning, it was an agent for Canon electric calculators and later introduced high-tech products such as Canon copy machines and printers, setting the foundation of Ability in the future. Celebrating the 30th anniversary of Ability Enterprise Co., Ltd. in 1995, it was also successfully listed in Taiwan Stock Exchange and became the first listed channel company in Taiwan with the capital from the original plant in Japan. With the help of expertise of 28 years from Abico International Co., Ltd. in the optical field, Ability Enterprise Co., Ltd. started a two-stage restructure in optical industry from the end of 1999. The first stage was completed in March 2001 and the second stage started in April 2001. Different from the first one, the second stage emphasized on the expansion of the subsidiary company Avy Industrial Group and the investment in Minton Optical Industrial Ltd. As for the third stage, Ability Enterprise Co., Ltd. will utilize the sources of Abico International Ltd. again to expand the businesses of channels in China and Vietnam. Ability Enterprise Co., Ltd. established Abico International Holding (Cayman) Co., Ltd. in July 2001. As the operation of channel markets is much more complicated than that of manufacture business, Ability Enterprise Co., Ltd. is to absorb Toshiba International and its subsidiaries with operation in China for over 6 years through Abico International Holding (Cayman) Co., Ltd. In the channel market in Taiwan, due to the quicker upgrading of information and communications products decrease of manufacture cost, we encountered bottleneck in this small market. Major channel businesses are now suffering from profits drop. Because of this, Ability Enterprise Co., Ltd. will make transformation on the basis of seeking higher profits.