ASBIS dumps Maxtor citing channel conflict

@ 2004/09/30
ASBIS - which sells mainly to Eastern European countries and had a turnover of $680 million last year - said that it and Maxtor Europe had agreed to stop their direct relationship.

The reason, according to Laurent Journoud, VP of sales and marketing, was that Maxtor products yielded low profitability and accounted for increased after sales service costs.

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