International Semi-Tech Microsystems
Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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1999
Debt and shareholder losses
The company’s debt burden and problematic bonds caused substantial losses for Canadian shareholders. By late 1999, its reported cash position was extremely small compared with its unpaid obligations.
False-accounting conviction involving James Ting
Founder James Ting was convicted of false accounting relating to Semi-Tech, successor Akai Holdings, and other associated businesses.