Abstract
英 文 摘 要 This dissertation examines the business modles and the future potential of the hi-tech material / manufacturing equipment distributors listed on the Taiwan Stock Exchange by means of business evaluation and competitive strategic analysis. With a backward glace at the Taiwan economic history, it has grown vibrantly over the decades from agriculture, textile industry, PC, semi-conductor and, most recently, flat panel display industry. This awesome economic power has made Taiwan continue to thrive today. Apart from many well-known Taiwanese companies in the world, there are some anonymous or the unidentified firms arising out of such rapid economic growth. Of which, we observe the hi-tech material / manufacturing equipment distributors listed on the Taiwan Stock Exchange. We then apply business valuation method (ROIC) to assess the financial data of selected sample companies and to furthermore provide the practical implication of Michael Porter’s competitive strategy. The findings offer insights into the effectiveness of the business modles of these hi-tech material / manufacturing equipment distributors, their significant potentialities, and the onward conceivable challenges in the future.