Loop Telecommunication International, Inc.

Climate Impact & Sustainability Data (2022, 2023)

Implemented measures for factors in operating environments every six months to ensure the health of employees. Implemented emergency management measures. Promoted water-saving and energy-saving concepts.
Implemented lead-free operations in 2009 and required suppliers to provide lead-free products.
Promotes recycling and reuse of product cartons.

Comprehensive employee benefits including insurance, training programs, profit-sharing, bonuses, company trips, and employee dormitory.
Established an Employee Benefits Committee.
Maintained healthy labor-capital relations with no disputes.

Long-term Goals:

Medium-term Goals:

Develop new customers and create critical new customer groups within three years.

Short-term Goals:

Uncertainties from the war in Ukraine and geopolitical issues impacting production capacity and revenue due to supply chain disruptions, shipping delays, container shortages, and port congestion.
US-China trade war and changes in the international environment, inflation, and interest rates affecting the communication industry and reducing growth in emerging markets.
Significant decrease in revenue compared to internal estimates due to overseas outbreaks.

Appropriate responses to industry transformation and leveraging a strong brand reputation.
Focusing on the Taiwanese market and continual growth in different regions.
Adopting global sales and arrangements for more comprehensive regional revenue distribution.
Strategic transformation focusing on mission-critical solutions.
R&D of new products to meet market demands and transition from TDM to packet-based networks.

Excellent environmental cleanliness and recycling inspection award of the Park in October 1999

Established a healthy relationship of mutual trust with employees through improving the benefits system that stabilizes employees' life and a favorable educational training system.
Obtained ISO27001 information security certification and performed a firmware upgrade for different products catering to the MCC market to support FIPS 140-3.

Established the Audit Committee on June 29, 2022.
Appointed New Business Development Department Assistant Vice President Cai Xing-Juan to concurrently act as Chief of corporate governance.

Intense fluctuation of the exchange rate of NTD
The transition of communication technologies and the conservative market affected the Company's operating performance.
The growth in the emerging market recorded was less favorable than expected.

When providing quotes to export sales, the Company also considers the development of exchange rates to minimize the level of impacts of the fluctuation of exchange rates on the profits of orders accepted, engages in quotations of multiple currencies based on the circumstances, and uses strong currencies for trading to avoid possible risks.
Facing the competition between enterprises and within the environment, the Company continues to observe market requirements and develop functional and differentiated products.
In light of the global economic development, the Company continues to develop new markets and combinations of different industrial patterns and new products.

established the non-corruption commitment terms and procurement order contract terms for suppliers

excellent environmental cleanliness and recycling inspection award of the Park in October 1999