Kinpo Makes the Calculation: IBM and Dassault Systèmes PLM Solutions Reduce Product Design Time Significantly

World’s number 1 calculator manufacturer delivers more attractive products to market faster, strengthens lead in fast-changing consumer electronics industry
Taipei, Taiwan and Paris, France – November 4, 2003 – IBM and Dassault Systèmes (Nasdaq: DASTY, Euronext Paris: #13065, DSY.PA) today announced that Kinpo Electronics Inc., the world’s leading manufacturer of calculators, has implemented CATIA V5, a core application of IBM’s Product Lifecycle Management portfolio developed by Dassault Systèmes, to help the company significantly shorten its product design time.  The collaborative product development application has enabled Kinpo to launch new calculator, digital voice recorder, digital still camera, global positioning systems and cable modem products on the market within a very short product lifecycle time.  

In order to respond to the fast-changing world of consumer electronics and deliver high quality products to its demanding customers, Kinpo’s management began a testing project to find a process-centric, yet user-friendly PLM solution to encourage creativity and innovation, foster collaboration, and drive down product development costs. Kinpo chose CATIA V5 and implemented it in its Consumer Electronics Department in early 2002. One year into the deployment, the IBM PLM solution has confirmed its ability to help Kinpo become more competitive by reducing the product development cycle significantly and integrating design and manufacturing processes among the different product divisions.

The PLM solution has also helped Kinpo to synchronize its processes with outside contractors and better manage design changes in the later stages of product development. The result is first-time-right design, more efficient production and fewer delays. Thanks to the success of the PLM solution, Kinpo is increasing business with renowned firms such as Texas Instruments, Casio, Citizen, Canon, Thales, and Terayon. Today, Kinpo currently boasts a 20% share of the calculator market worldwide.

“PLM Solutions from IBM and Dassault Systèmes have helped us to minimize design mistakes and reduce time spent for unnecessary rework freeing our engineers to focus on more creative work,” said Sinclair Kou, president, Kinpo Electronics, Inc.  “By taking full advantage of CATIA V5’s integrated solutions for different engineering domains for knowledgeware technology, ease-of-use, and hybrid modeling design capability, we can deliver cutting-edge consumer electronics products to the global market faster and better. The PLM solution has helped our company synchronize processes with our own outside contractors, with economies of time and resources naturally ensuing.”

“Innovation and responsiveness are key to success in the consumer electronics industry,” said Etienne Droit, executive vice president Sales and Services, Dassault Systèmes. “The dramatic reduction in development cycles achieved by Kinpo illustrates the competitive edge CATIA V5 provides to companies in a marketplace where speed, reactivity and fast turnaround are critical.”

About Dassault Systèmes

As world leader in PLM (Product Lifecycle Management) solutions, the Dassault Systèmes group brings value to more than 65,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Systèmes develops and markets PLM application software and services that support industrial processes and provide a 3D vision of the entire life cycle of products from conception to retirement. Its offering includes integrated PLM solutions for product development (CATIA, ENOVIA, DELMIA, SMARTEAM), mainstream product design tools (SolidWorks), and 3D components (SPATIAL). Dassault Systèmes is listed on the Nasdaq (DASTY) and Euronext Paris (#13065, DSY.PA) stock exchanges.

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About IBM

IBM is the world's largest information technology company, with 80 years of leadership in helping businesses innovate. IBM Sales & Distribution, which supports more than a dozen key industries worldwide, works with companies of all sizes around the world to deploy the full range of IBM technologies. The fastest way to get more information about IBM is through the IBM home page at http://www.ibm.com

About Kinpo Electronics, Inc.

Relying upon its corporate culture stressing Transcendence, Sincerity, and Harmony, Kinpo has established itself as a front runner in Taiwan's electronics industry since 1973. After thirty years' hard working, Kinpo diversifies its product lines from basic electronic calculators at one end, a wide range of 3C consumer electronics in between, and to internet application products at the other. To date, Kinpo has a staff of more than 10,000 employees worldwide. Under its current global corporate structure, Kinpo places its corporate management center and R&D design facilities in Taiwan, software development centers in Shanghai and Beijing, mass production facilities in Dongguan, and manufacturing supports in Thailand. By taking comparative advantages of different regions, Kinpo has made itself the most valued partner to many renowned transnational corporations. Information about Kinpo Electronics Inc. is available at http://www.kinpo.com.tw

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