FSP Group

FSP Group is the 6th largest power supply vendor in the world. Although the company is based in Taiwan, it has representation in more than 10 countries and cities (Taiwan, Germany, U.K., U.S.A., Russia, Japan, India, Korea and China. In many of the mentioned countries the company has offices in more than 1 city). Its principal products are PC/industrial Power Supplies, ODM or OEM Power Supply, Open Frame, LCD TV power and Adapters. The company is the main supplier for the following brands: Acer, Datang, Dell, Evoc, Founder, Fujitsu, Greatwall, Huawei, Lenovo, Motorola, NEC, Ruijie, Samsung, Siemens, TCL and Tsinghua Tongfang.

Company History
The company became formally registered In April 1993 with an initial paid up capital of 5 million dollars. In 1997 this amount had increased to 38 million dollars. In 1998 the company acquired land in Taoyuan´s Guei Shan industrial park for the establishment of its own plant and increased its paid up capital to 188 million dollars to “accommodate business growth”. In 1999 the company applied for public listing and increased its paid up capital to 325 million dollars. In 2000 the company opened its new plant and increased its paid up capital to 420 million dollars. At the same time FSP GROUP opened a new plant in China. In 2001 the company obtained the ISO9001 quality and the ISO14001 environmental certification. Also in 2001 it increased its paid up capital to 600 million dollars and invested in another new plant in China. In 2002 the company was listed on the stock exchange for public trading. Finally between 2002 and 2007 the company increased it’s paid up capital from 600 million dollars to 1.005.311 million dollars and invested in several plants around the world.

Political and Public Influence
Paragraph information

Labor
Child and Sudent Workers:

The FSP GROUP has been accused of hiring child workers in one of its factories (named Schenzhen Yonghong Factory) affirms a report published in November 2006 by the Students and Scholars Against Corporate Misbehavior (SACOM). According to the report, the company hired more than 200 child workers under 16 years of age, many of whom were students from rural Henan and Shaanxi provinces that worked to pay off the school fees they owed. Moreover the company required them to work an extra 1.5 hours per day without paying them due to "lower than normal productivity". The report states the child workers work between 12 and 13 hours per day which means that for every 400 hours they worked, 60 are without pay. The children's teachers, it reported, not only encouraged them to work at the factory but also “monitor” them and don´t let them quit their job.

Excessive overtime and overtime pay below legal minimum:

This same report also denounces that although the minimum pay for overtime is 6 to 8 yuan per hour, the factory, at that time, was found to be paying 4.5 to 5.8 yuan respectively.

No social insurance:

The same report also mentions that although the China labor laws require employers to buy social insurance for its workers, the factory does not provide any of the legally required social insurance for workers.

Occupational health risks:

Lastly the report mentions the negligence of the company in providing sufficient gloves, masks and proper ergonomics facilities to its workers in the workplace. ADD Full Reference

Environment
FSP Group has obtained the ISO 14001 environmental certification. There is no evidence of the company fulfilling any environmental regulation.

Business Scope
Lines of Business and Major Products Paragraph Units/Subsidiaries

Financial Information (as of DATE)
Capital US$62 Million
 * 2001 Sales: US$167 Million
 * 2002 Sales: US$188 Million
 * 2003 Sales: US$190 Million
 * 2004 Sales: US$257 Million
 * 2005 Sales: US$344 Million
 * 2006 Sales: US$406 Million
 * 2007 Sales: US$475 Million

Governance
Executives Board members/affiliations Executive director/compensation Date and venue of next AGM

Contact Information
Taiwan Headquarters Address	No. 22, Jianguo E, Rd., Taoyuan City, Taiwan, R.O.C. Tel	+886-3-375-9888 Fax	+886-3-375-6966 Web Site http://www.FSP-group.com E-mail	sales@fsp-group.com.tw

Kaohsiung Office Address	2-3, East 3rd Street N.E.P.Z. P.O.Box 35-25, Kaohsiung, Taiwan, R.O.C. Tel	+886-7-362-5611 Fax	+886-7-363-4166 Web Site http://www.protek.com.tw E-mail	protek@protek.com.tw

Germany Office

FORTRON/SOURCE (EUROPA) GMBH Address	Jakobshoehe 16, D-41066, Moenchengladbach, Germany Tel	+49-2161-65929-0 Fax	+49-2161-65929-20 Web Site http://www.fortron-source.de/ E-mail	info@fortron-source.de

Address	Josef-Schorer-Str.10 D-86179 Augsburg, Germany (Germany, Switzerland, Austria) Tel	+49-821-809988-12 Fax	+49-821-809988-12 Web Site http://www.fortron-source.de/ E-mail	info@fortron-source.de

U.K. Office FSP (GB) LTD. Address	Unit 8 Curo Park, Frogmore, St. Albans, Hertfordshire AL2 2DD, England Tel	+44-1727-873888 Fax	+44-1727-873668 Web Site http://www.fspgroup.co.uk/ E-mail	sales@fspgroup.co.uk

Northern California Office

Address	1000 Rock Ave. San Jose, CA 95131U.S.A. Tel	+1-408-519-8888 Fax	+1-408-519-9999 Web Site http://www.sparklepower.com/ E-mail	sparkle@sparklepower.com

FSP NORTH AMERICA, INC. Address	33 Musick, Irvine, CA 92618, U.S.A. Tel	+1-949-305-6703 Fax	+1-949-305-6701 Web Site http://www.fspna.com E-mail	sales@fspna.com

Southern California Office FSP GROUP U.S.A. CORP. Address	14284 Albers Way. Chino, CA 91710 U.S.A. Tel	+1-909- 606-0960 Fax	+1-909- 606-0014 Web Site	http://www.fspgroupusa.com E-mail	info@fspgroupusa.com

Moscow Office for Russia/CIS Address	Elizavetenskiy Per., 10/2, Building No. 6, Moscow, Russia Tel	+7(495) 632-22-51 Fax	+7(495) 632-22-51 Web Site http://www.fsp-power.ru/ E-mail	rusupport@fsp-power.ru

	Japan Office

Address	Room no. 226, 25th Sankyo building, 1-48-10 Higashi- Ikebukuro, Toshima-Ku, Tokyo 170-0013, Japan Tel	81- (03) 5856-5256 Web Site http://www.FSP-group.com E-mail	VEE01770@nifty.com

India Office Address	1311, Ansal Tower,38, Nehru Place, New-Delhi-110019,India Tel	91-11-46527091-95 Web Site	http://www.FSP-group.com E-mail	Clive@fsp-group.com.tw

Korea Office

FSP Technology Korea Co., Ltd. Address	#707 IKP, 300-6, Yeomgok-dong Seocho-ku, Seoul, Korea Tel	+82-2-525-1480 Fax	+82-2-525-1488 Web Site	http://www.fsp-group.co.kr E-mail	kevin@fsp-group.co.kr / ted@fsp-group.co.kr

Shanghai Office

YULI ELECTRONIC CO., LTD Address	17F,No.461 Hongcao Rd. Caohe Software Building, Shanghai,China Tel	+86-21-54262808 Fax	+86-21-54262818 Web Site	http://www.FSP-group.com E-mail	ylsales@sh.fsp-group.com.tw

Shenzhen Office SHENZHEN ZHONG HAN SCIENCE &TECH.CO.LTD. Address	Room L-R, 19/F,Building A, Fortune Plaza,7060 Shen Nan Road, Shenzhen, Guangdong, China. Tel	+86-755-82933191 Fax	+86-755-82933190 Web Site http://www.FSP-group.com E-mail	zkhdoc@zkh.fsp-group.com.tw

Shenzhen Office

SHENZHEN RISESUN INDUSTRIAL CO., LTD. ) Address	Room S-Z, 19/F, Building A, Fortune Plaza, 7060 Shen Nan Road, Shenzhen, Guangdong, China Tel	86-755-82879116 Fax	86-755-82879105 Web Site http://www.FSP-group.com E-mail	risesun@sz.fsp-group.com.tw

Hong Kong Office

CROWN JOY INTERNATIONAL LTD. Address	RM609, 6/F., BlockA, Proficient IND. CTR., 6 Wang Kwun Road, Kowloon Bay,Kowloon, HONG KONG Tel	+852-2331-3613 Fax	+852-2331-9162 Web Site	http://www.FSP-group.com E-mail	sales@crownjoy.com.hk