EXHIBIT 1

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(BW)(GLOBAL-TECH-APPLIANCES)(GAI) Global-Tech Appliances Acquires Majority Stake
in Lite Array and Prepares to Enter Flat-Panel Display Market

     Business & Technology Editors

     HONG KONG--(BUSINESS WIRE)--June 4, 2001--Global-Tech Appliances Inc. (NYSE
- GAI) announced today that it has entered into an agreement to acquire a
controlling interest in Lite Array, Inc., in which it had made an initial
investment in August of 2000.
     Lite Array is a California-based company that has been involved extensively
in the research, development, and pre-production of inorganic and organic solid
state flat-panel displays.  Jimin Ma, Lite Array's co-founder, will stay on as
President to oversee and manage its overall operation.  The transaction, which
is subject to certain closing conditions, is expected to be completed within
sixty days.
     Lite Array currently operates a joint-venture manufacturing facility in
China, where a proprietary U.S. designed and built in-line production system for
manufacturing thin film electroluminescent (TFEL) displays has been installed.
Recently, Lite Array started customer evaluation programs with production
samples in Canada and China and is in the process of improving and increasing
its production capacity to launch and expand its sales around the world.
     John C.K. Sham, President and CEO of Global-Tech, stated: "For some time,
we have been exploring opportunities to diversify our business into non-
commodity, higher-margin products that could utilize our manufacturing
capabilities and infrastructure.  The production of solid state flat-panel
displays is in line with our objectives since the displays can be used in many
industrial and automotive applications, as well as in finished products such as
global positioning system (GPS) and testing equipment."
     Mr. Sham continued, "While we will continue to be a significant
manufacturer of electrical household appliances, we remain committed to pursuing
other opportunities that could provide for accelerated growth and greater return
on capital necessary to enhance shareholder value.  We believe that the
manufacturing of solid state flat-panel displays, because of its anticipated
market potential, meets these criteria.  As such, we plan to reallocate some of
our existing resources to supporting and accelerating the mass production of
these displays and developing end-use products incorporating such displays."
     Mr. Sham concluded, "Our process engineers and quality assurance
technicians plan to collaborate with Lite Array to improve its yields and
throughput with additional capital equipment so as to accommodate the sales
demand for these unique displays worldwide.  By positioning ourselves to become
a focused niche supplier of these displays to specific industries and developing
innovative devices utilizing these displays, we expect this business to generate
revenues by the third quarter of fiscal 2002 and to be accretive to consolidated
earnings by the end of fiscal 2003."
     Global-Tech is an original designer, manufacturer, and marketer of a wide
range of small household appliances in six primary product categories: kitchen
appliances; personal, beauty and health care products; garment care products;
travel products and accessories; floor care products; and environmental care
products.  The Company's products are marketed by its customers under brand
names such as Black & Decker(R), DeLonghi(R), Dirt Devil(R), Hamilton Beach(R),
Krups(R), Morphy Richards(R), Moulinex(R), Mr. Coffee(R), Proctor-Silex(R),
Remington(R), Sunbeam(R), Vidal Sassoon(R), and West Bend(R).

     Except for historical information, certain statements contained herein are
forward-looking statements that are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995.  Words such as
"expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates,"
or variations of such words and similar expressions are intended to identify
such forward looking statements.  These forward looking statements are subject
to risks and uncertainties, including but not limited to, the impact of
competitive products and pricing, product demand and market acceptance, new

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product development, reliance on key strategic alliances, availability and cost
of raw materials, currency fluctuations, uncertainties associated with
investments, the regulatory environment, fluctuations in operating results and
other risks detailed from time to time in the Company's filings with the
Securities and Exchange Commission including its most recent Report on Form 20-
F.

   --30--db/ny*

   CONTACT:  Global-Tech USA, Inc.
             Brian Yuen, 212/683-3320
             http://www.businesswire.com/cnn/gai.shtml
             -----------------------------------------

  KEYWORD:  CALIFORNIA HONG KONG INTERNATIONAL ASIA PACIFIC
  INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS HARDWARE
                    CONSUMER/HOUSEHOLD

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