Prime

Prem, Victor, Sak, Baron of Tups, Ghrat and Company

Trading name	Prime Corporation
Native name	般棄索對矦謁于它商室 般棄索
Type	Public
Traded as	PCO
Industry	semiconductors
Founded	February 22, 1837 (1837-02-22) in Rak, Themiclesia
Founders	Sar-ki Prem and Nam Sak
Key people	Char Dza (President) Sam-pi Lur (Vice President)
Revenue	SSD$55.2 billion (2022)
Operating income	SSD$22.1 billion (2022)
Net income	SSD$20.3 billion (2022)

Prem, Victor, Sak, Baron of Tups, Ghrat and Company (Shinasthana: 般棄索對矦謁于它商室, prem-kits-sak-ktups-gwa-ghrat-gwra-lal-stang-stit), doing business publicly as Prime Industrial Manufacturing Company Limited from 1944 to 1979 and then as Prime Corporation, is a Themiclesian multinational company in the business of semiconductor design and manufacture. Prime is one of the leading companies in its sector and often considered to be the most advanced amongst its peers. It is traded as PCO on the L'odh Stock Exchange and is also listed in four other exchanges under different symbols.

Prime was founded by eponymous engineers Prem and Sak in 1837, specializing in rotary mechanisms and later possessed a portfolio of dozens of industrial products after mergers. It entered the business of electronic components in 1952 and began developing integrated circuits in 1970 as the industry was transitioning from discrete logic. Though semiconductors (and other computer components) were a key business area, it became the company dominant source of revenue by 1988, as Themiclesian industrial sector was straining under fierce competition from Dayashina. In 1992, Prime pivoted by selling everything not semiconductor-related—to finance its purchase of the Rak-Sin Consortium, a chip design house, and further investments in factories.

Prime is tax-resident in Kien-k'ang, but its actual headquarters and one of its fabrication campuses are located at the city of Plai. The company address on file had been an empty plot of land on Corn Lane North, on which a welcome centre for job applicants and tourists has since appeared.

Organization

Management

As a Themiclesian Class D corporation, the Corporate Government Act requires Prime to identify four officials with general responsibility towards the Board: two managers, an officer for accounts, and a corporate solicitor. Changes in these officials require Board approval by recorded vote as well as a return to the Exchequer Department, and the change becomes effective from the date the return is acknowledged. As of 2020, these individuals and their official titles are:

• Rir Dza (b. 1951), President & General Manager
• Sam-pi Lur (b. 1961), Vice President & General Manager
• Gal Mner (b. 1953), General Accounting Officer
• Sjt. Kup (b. 1944), General Solicitor

Senior managers not on the statutory list include:

• Senior Executive Vice President for Operations
• Senior Executive Vice President for Research & Development
• Senior Executive Vice President for Business Development
• Senior Executive Vice President for Human Resources and Support

According to public knowledge, while Prime has numerous titles denoting differences in seniority, the senior management are not very hierarchical in day-to-day work, and most meetings at the most senior level include officials who are significantly less senior than those noted above. At least since the 90s, the company's culture has seen a reduction in sectarianism, probably motivated by the divestment of other areas of business.

See also

• Themiclesia