| Thread Tools |
21st November 2008, 11:31 | #1 |
Madshrimp Join Date: May 2002 Location: 7090/Belgium
Posts: 79,021
| Foxconn Rumoured to Take Over Pegatron, Quit Channel Business Foxconn Electronics, a leading contract maker of various electronics components, may acquire Pegatron Technologies, a spin-off from Asustek Computer that also makes various hardware on contract basis. In exchange, Foxconn will reportedly have to quit retail and channel business. According to unofficial information reported by The Inquirer web-site, there are ongoing negotiations between Asustek, which still owns Pegatron, and Foxconn over the potential deal under which the latter would acquire Pegatron. If the companies reach the agreement, Foxconn Electronics (Hon Hai Precision Industry) will get additional manufacturing capacities along with contracts and clients base. The company has to expand its presence on the market of contract electronics manufacturing after arch-rival Flextronics acquired Solectron last year. On the other hand, many sources from Foxconn have noticed that channel and retail markets were natural directions for the firm to grow further. http://www.xbitlabs.com/news/mainboa..._Business.html
__________________ |
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Foxconn gives up own-brand graphics card business | jmke | WebNews | 0 | 10th September 2009 09:44 |
Foxconn closing down retail channel? Truth or FUD | jmke | WebNews | 0 | 25th March 2009 19:12 |
Foxconn denies quit from branded mainboard market | jmke | WebNews | 0 | 1st November 2008 11:59 |
Foxconn launches P45A-S and P45 M Motherboards | jmke | WebNews | 0 | 14th July 2008 15:17 |
Abit Denies Quit from Mainboard Manufacturing Business. | jmke | WebNews | 0 | 29th May 2008 18:32 |
AMD Introduces ‘AMD Business Class’, Designed With Business in Mind | jmke | WebNews | 0 | 28th April 2008 09:33 |
VIA Technologies has been rumored to be planning to quit the chipset business | jmke | WebNews | 0 | 8th July 2007 00:37 |
Foxconn 6150K8MA-8EKRS – OEM monster takes on channel | jmke | WebNews | 0 | 19th December 2005 20:09 |
Thread Tools | |
| |