GoerTek Inc - Company Profile
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GoerTek Inc (GoerTek) is a manufacturer and supplier of electric and electronic components. The company's major sectors are consumer electronics, automotive electronics, and other sectors. Its product portfolio includes acoustics, optics, microelectronics, structural components, and other precision components. It also offers smart hardware products such as virtual reality (VR) products, augmented reality (AR) products, TWS smart earphones, smart wearables, gaming consoles and accessories, smart lamp and smart home products. GoerTek’s products find applications in smartphone, tablets, smart wireless earbuds, virtual reality and augmented reality headsets, smart wearables, and smart home appliances. The company also provides technical services. It operates offices in China, the US, Denmark, Japan, Vietnam, South Korea and Hong Kong. GoerTek is headquartered in Weifang, Shandong, China.
Headquarters
China
Address
No. 268 Dongfang Road, Hi-Tech Industrial Development Zone, Weifang, Shandong , 261031
Website
www.goertek.com
Telephone
86 536 3055688
No of Employees
85,358
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
002241 (SHE)
Revenue (2022)
$15.6B
34.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-59.1%
(2022 vs 2021)
Market Cap*
$7.2B
Net Profit Margin (2022)
XYZ
-69.4%
(2022 vs 2021)
* As of and is in US$
GoerTek Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Smart Watches | Customer Services |
| Smart Hardware | Technical Services |
| VR HMD | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In January, the company launched a series of VR/AR optical solutions. |
| 2023 | Corporate Changes/Expansions | In July, the company opened Goertek Optics Shanghai R&D Center in Huayi Vanchuang. |
| 2023 | New Products/Services | In May, the company launched a new generation of single-layer lens full-color AR diffraction light waveguide display modules and Micro LED single green diffraction light waveguide display modules. |
Competitor Comparison
| Key Parameters | GoerTek Inc | Samsung Electronics Co Ltd | LG Electronics Inc | Panasonic Holdings Corp | Skyworth Group Ltd |
|---|---|---|---|---|---|
| Headquarters | China | South Korea | South Korea | Japan | Hong Kong |
| City | Weifang | Suwon | Seoul | Kadoma-Shi | Hong Kong |
| State/Province | Shandong | Seoul | - | Osaka | - |
| No. of Employees | 85,358 | 98,557 | 37,835 | 233,391 | 29,700 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jiang Bin | Chairman | Executive Board | 2007 | 57 |
| Duan Huilu | Vice President; Director | Executive Board | 2016 | 47 |
| Li Yongzhi | Chief Financial Officer | Senior Management | 2021 | 45 |
| Gao Xiaoguang | Vice President | Senior Management | 2012 | 47 |
| Li Youbo | President | Senior Management | 2021 | 46 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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