Deswell Industries, Inc. declares interim dividend.HONG KONG--(BUSINESS WIRE)--Nov. 20, 1996--Deswell Industries, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on NM Symbols: DSWLF, DSWWF) (the "Company") today announced that on November 18, 1996, its board of directors declared an interim cash dividend of US$0.25 per Common Share. The dividend will be payable on December 18, 1996 to shareholders of record as of December 4, 1996. Deswell manufactures injection-molded plastic parts and components and electronic products and subassemblies for original equipment manufacturers ("OEMs") and contract manufactures at its factories in the People's Republic of China. The Company produces a wide variety of plastic parts and components used in the manufacture of consumer and industrial products; printed circuit board assemblies using surface mount technology ("SMT (1) (Surface Mount Technology) See surface mount. (2) (Station ManagemenT) An FDDI network management protocol that provides direct management. Only one node requires the software. SMT - Station Management "), and pin-through hole ("PTH PTH abbr. parathyroid hormone Parathyroid hormone (PTH) A chemical substance produced by the parathyroid glands. This hormone is a major element in regulating calcium in the body. ") interconnection technologies; and finished products such as telephones, telephone answering machines, sophisticated studio- quality audio equipment and computer peripherals. The Company's customers include Mita Industries (H.K.) Limited, Nam Tai Electronics (Shenzhen) Co. Limited, Inter-Tel Incorporated, Behringer spezeiller studiotechnik GmbH, Prod-Art Company Limited and Shakespeare (H.K.) Limited. CONTACT: Lippert/Heilshorn & Associates John Nesbett, ext. 101 212-838-3777 E-MAIL e-mail: see electronic mail. in full electronic mail Messages and other data exchanged between individuals using computers in a network. : JGN JGN Japan Gigabit Network (telecommunications network) @LHAI.COM |
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