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MiTAC Australia

OVERALL

Owned
TWN
Rating
Criticism, some praise

Electronics

Established in 1986, the Australia/New Zealand based company employs more than 500 staff involved in the design, development and manufacturing of products including in-car GPS devices and dashboard cameras.

Company Ownership

MiTAC Australia Pty Ltd   AUS     website   email   facebook   
  MiTAC International Corp   
   owns 100% of MiTAC Australia Pty Ltd  
TWN     website   email      

Electronics manufacturing services

Founded in 1982. Covers the full range of electronics manufacturing services (EMS) with core businesses of cloud computing products and mobile communication products. Global brands are Mio, Magellan, Navman and TYAN.

      MiTAC-SYNNEX Group   
       owns 100% of MiTAC International Corp  
TWN     website   email      

Global conglomerate

With more than 40 enterprises in IT, electronics, petrochemical, industrial gases and food processing industries across the world, its branches and subsidiaries include 5 listed companies, one of which is MiTAC Holdings Corporation.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
MiTAC Australia Pty Ltd
Social Misleading representations
In 2019 three manufacturers of consumer GPS navigation products, including this company, agreed to stop using 'lifetime' claims in their advertising of navigation services after the ACCC raised concerns these statements were potentially false, misleading or deceptive.
Source: ACCC (2019)
MiTAC International Corp
Business Ethics 22/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 22/100 in the Computers & Peripherals and Office Electronics category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 7 Feb 2021). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2021)
Business Ethics Price fixing In Hungary
In 2009 the Hungarian Competition Authority imposed a total fine of HUF 103m on four companies producing and distributing car navigation tools. This company, the producer, together with the distributor fixed the retail prices of the products to avoid price competition. MiTAC's fine was HUF 50m (167,000 euros). [listed under information due to age of court finding]
Source: Hungarian Competition Authority (2009)
MiTAC-SYNNEX Group
Social Military involvement
Getac, a key subsidiary of this company, was established as a joint venture with GE Aerospace, to supply defence electronic products. Its business coverage includes the military.
Source: company website (2014)

> About the Icons

Company Details

Type Wholly-owned subsidiary

Contact Details

Address Suite 2, 408 Victoria Rd, Gladesville, NSW, 2111, Australia
Phone 02 9879 9000
Website www.navman.com.au

Products / Brands

MiTAC Australia
Megallan GPS
Navman GPS


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