![STM Piped Piper computer](https://upload.wikimedia.org/wikipedia/commons/0/0a/STM_Piped_Piper_computer.jpg)
International Semi-Tech Microsystems or Semi-Tech Microsystems (STM) was a
Canadian
Canadians (french: Canadiens) are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of ...
-based household and consumer products firm in
Markham, Ontario
Markham () is a city in the Regional Municipality of York, Ontario, Canada. It is approximately northeast of Downtown Toronto. In the 2021 Census, Markham had a population of 338,503, which ranked it the largest in York Region, fourth largest ...
. Semi-Tech Corporation's former head offices were at 131 McNabb Street (Warden Avenue and 14th Avenue) and near Woodbine Avenue and 14th Avenue (2880 14th Avenue).
Founded by
Chinese
Chinese can refer to:
* Something related to China
* Chinese people, people of Chinese nationality, citizenship, and/or ethnicity
**''Zhonghua minzu'', the supra-ethnic concept of the Chinese nation
** List of ethnic groups in China, people of va ...
-born
Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...
-
Canadian
Canadians (french: Canadiens) are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of ...
businessman
James Ting
James Henry Ting Wei (丁謂, born 1951) is a Shanghai-born Chinese-Canadian former business executive who was once one of Hong Kong's most successful businessmen before being charged with illegal business practices.
Early years
Ting was born in S ...
in 1981, the firm had manufacturing facilities in China.
Macau
Macau or Macao (; ; ; ), officially the Macao Special Administrative Region of the People's Republic of China (MSAR), is a city and special administrative region of China in the western Pearl River Delta by the South China Sea. With a pop ...
gambling tycoon
Stanley Ho
Stanley Ho Hung-sun (; 25 November 192126 May 2020) was a Hong Kong-Macau billionaire businessman. His original patrilineal surname was Bosman, which was later sinicized to 何 (Ho). He was the founder and chairman of SJM Holdings, which owns ...
was once the firm's Chairman. The firm once traded on the
Toronto Stock Exchange
The Toronto Stock Exchange (TSX; french: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in t ...
(SEM.A and SEM.B). It was renamed Semi-Tech Corporation in 1994 as it diversified into consumer products.
The company had bad bonds and millions of dollars of Canadian shareholders were burned. By late 1999, the company had just $600,000 in cash and unpaid debts of $650 million. It filed for bankruptcy in 2000. Ting was convicted of false accounting on Semi-Tech and its successor
Akai
Akai ( ja, 赤井, ) is a Hong Kong manufacturer of consumer electronics. It was founded as Akai Electric Company Ltd in Tokyo, Japan, in 1946. Grande Holdings in Hong Kong purchased the Akai brand, and now distributes various electronic produc ...
Holdings and his other business
Singer Corporation
Singer Corporation is an American manufacturer of consumer sewing machines, first established as I. M. Singer & Co. in 1851 by Isaac M. Singer with New York lawyer Edward C. Clark. Best known for its sewing machines, it was renamed Singer Ma ...
.
See also
*
ATI Technologies
ATI Technologies Inc. (commonly called ATI) was a Canadian semiconductor industry, semiconductor technology corporation based in Markham, Ontario, Markham, Ontario, that specialized in the development of graphics processing units and chipsets. Fo ...
*
Grande Holdings
Grande Holdings Ltd () () is a Chinese manufacturer of consumer and professional audio and HiFi components based in Kowloon, Hong Kong.
In the past, Grande Holdings has purchased several Japanese HiFi manufacturers, including Akai and Nakamichi. ...
References
{{reflist
Defunct manufacturing companies of Canada
Companies based in Markham, Ontario
Manufacturing companies established in 1981
Manufacturing companies disestablished in 2000
1981 establishments in Ontario
2000 disestablishments in Ontario
Companies formerly listed on the Toronto Stock Exchange
Defunct computer companies of Canada