The main products of Giant are cordless telephones. Nearly all their products are exported to Europe and North America. In addition to cordless phones, Giant also manufactures CB radios, FRS radios and ISDN corded telephones. Profits up less than sales is a result of lower margins in a price competitive market. Need supply of integrated circuits, crystals and SAW filters.
Technology obsoletes models in one to two years.
LYL is the ultimate holding company of the Hong Kong based Elite Group founded by its Chairman Mr. Liu Yong Ling in 1979. Elite is a manufacturer of a wide range of products including corded phones, office equipment, typewriters, plastic injection molding machines and household electrical appliances. Giant identified Japan as a good place to launch a new line of cordless phones. The initial line of low frequency analog phones were well received in Japan. This success prompted Giant to expand into the USA market in 1989.