SEC Form 17-A: Annual Report - the solid group inc website

5
Status of any-publicly announced new product or service
None.
Competition
The MyPhone brand celphones distributed by MySolid Technologies and Devices Corporation
competed with other brands in the Philippine market mainly Nokia, Samsung, Sony Ericsson,
Motorola, Cherry Mobile, Torque and other grey market phones.
The broadcast/professional equipment and accessories that the Company sells competes with
other brands like Panasonic, JVC and Sharp.
The prefabricated modular houses that the Company markets are standardized in design, modular
assembled, easy to assemble and disassemble and relocate and can also be stored easily. Its main
products are designed and manufactured using light steel frames and sandwich wall panels that
covers a wide range of applications such as temporary offices, dormitories for construction sites,
municipal offices, residential settlements, school classrooms shops, temporary housing for
disaster relief and military camps, temporary buildings for exhibitions. It competes with Indigo
and Smarthouse.
The Company provides warehousing, and logistics services mostly to electronics companies. It
competes with Fast Cargo, Yusen and Agility Logistics among others.
The broadband cable services that the Company offers through the Destiny hybrid fiber coaxial
cable infrastructure competes with cable companies, Sky Cable and Cablelink in Metro Manila,
and to some extent with other market players in the telecommunication industry such as PLDT,
Bayantel, Globe and Eastern. The cable television service of Global Destiny Inc. operates
throughout Metro Manila via the Company’s broadband cable network infrastructure. It provides
value programming for various markets at competitive monthly service fee rates versus major
competitors Sky Cable and Cablelink. The MyDestiny Internet service is providing Internet users
a higher service level through its broadband technology versus the prevailing dial-up system of
the some of ISP’s operating in Metro Manila. On May 11, 2012, , SBC sold its wired and
satellite assets and broadband/internet subscriber base. (See Agreements)
Raw Materials, Parts and Components
The Company through its subsidiaries procures raw materials for manufacture of its products and
finished products from a number of sources in the Philippines and foreign suppliers. It has an
existing contract through its subsidiary SolidGroup Technologies Corporation, with a foreign
supplier, for the supply of prefabricated modular houses (See Agreements).
Broadband Facilities
The Company operates broadband cable infrastructure assets in Metro Manila from its headend
located in Makati City, providing data transport and multimedia services. The broadband cable
network is a complex data capable infrastructure using HFC (hybrid fiber and co-axial cables)
that covers most of Metro Manila. Planned and built as one integrated and contiguous system,
the network’s fiber backbone inter-connects 5 hubs in key locations. The various video and data
services riding on this network are delivered to customers in the 17 cities and municipalities that