SGOCO Group Ltd. (NASDAQ: SGOC) is focused on product design, brand development and distribution in the Chinese display and computer product market as well as energy saving products and services. By collaborating with its brand partners and utilizing comprehensive industry knowledge in product development, SGOCO addresses customers’ rapid-changing display needs by delivering highly intelligent products and solutions that integrate hardware and software in SGOCO’s own brand and co-brands. SGOCO is also developing and selling All-in-One (“AIO”) and Part-in-One (“PIO”) LED computers through its distribution network. The majority of the product sales are made to large, well-established, electronics distributors and trading companies, which then sell the products through their own sales channels.
SGOCO's fully owned subsidiary, Boca International Limited, also offers eco-friendly air conditioning system to customers worldwide. By incorporating the latest phase change material technology with Boca’s chiller plant AI control, the new Phase Change Material (PCM-TES) storage system can reduce energy consumption while providing chilled and hot air ventilation. PCM-TES storage system applies real-time electricity demand peak management which shifts on-peak chiller plant load to off-peak and increases chiller efficiency by optimization controls at any time. The System could reduce electricity consumption by approximately 50% during all running time and decrease 2/3 of central air conditioning running cost due to lower tariff rate during off-peak and higher efficiency at all time. The System can be used on all existing and new buildings and is eco-friendly with service life of more than ten years.
Since its inception in 2005 as a leading display product supplier and an OEM partner of choice. In 2011, SGOCO transitioned into a light-asset business model, driving sales through multiple brands and leveraging its strong market knowledge to attract top-tier brands to co-develop our products. Since acquisition of Boca in 2016, SGOCO has become one of the leading suppliers for eco-friendly air conditioning system in which assists cooperation to maximize economic benefit and help prevent global warming. SGOCO’s comprehensive multiple brand strategy and well-established local brand recognition ensures that it is poised to capture potential growth opportunities associated with China’s emerging urban demographic and exponential increase in demand for electricity consumption.