- CEO
- Cho Tung Wong
- Full Time Employees
- 400
- Sector
- Technology
- Industry
- Communication Equipment
- Address
- Building A, SIM Technology Building Shanghai People's Republic of China 200335
- IPO Date
- Aug 27, 2010
- Business
- SIM Technology Group Limited (SEHK: 2000, OTC: SIMTF) operates as an investment holding company primarily engaged in the design, development, manufacture, and sale of handsets and Internet of Things (IoT) terminals; electronic manufacturing services for wireless communication modules; and property management activities. The company offers a broad portfolio of products including smartphones and tablets, wearable smart terminals, industrial smart terminals such as industrial AR glasses, law enforcement recorders, handheld scanning devices, interphones, and professional rugged phones, vehicle electronics encompassing advanced driver-assistance systems (ADAS), driver monitoring systems (DMS), heads-up displays (HUD), smart driving recorders, and eCall devices, cloud solutions with industrial-grade IoT products and the Yunmao vending machine operation service platform, original design manufacturing (ODM) plus electronic manufacturing services (EMS), intelligent manufacturing solutions for Industry 4.0 including production line digitization, networking, robotics integrated automation technology, and additional services like logistics, procurement, administrative support, finance leasing, building design and construction of smart homes, snack trading, automated test equipment development, and online-to-offline equipment. Founded in 1986 and headquartered in Shanghai, People's Republic of China, with additional operational presence in Hong Kong, it serves markets in China, Europe, the United States, and other Asian countries through segments focused on handsets and IoT terminals business, electronics manufacturing services business, and property management involving residential unit trading and property development, rental, and management. In the first half of 2025, the company reported a 13.4% increase in turnover to HK$208.2 million, achieving a profit before taxation of HK$3.8 million compared to a loss of HK$90.8 million in the prior-year period, driven by clearance of aged inventory, personnel-related cost reductions, and deregistration of certain loss-making subsidiaries in the People's Republic of China; it also noted revenue fluctuations in subsequent months, including a 14.8% month-on-month rise in core business revenue for September 2025 amid year-on-year challenges, and a strategic emphasis on balancing income and expenditures while navigating intense competition in the automotive infotainment sector.