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Electronics Production | September 24, 2008

Foxconn/Asustek denies acquisition

As reported yesterday Foxconn Electronics is considering the acquisition of Pegatron Technology operations, a part of Asustek. According to the latest report both companies denies the rumours.
Digitimes reported yesterday that the EMS giant Foxconn is considering acquiring Pegatron Technology operations, a part of Asustek. According to Nytimes neither Asustek nor Pegatron want to give out any comments. Foxconn on the other hand denied the report. According to analysts this deal will benefit Foxconn’s PC manufacturing business.

Image source: Aspocomp
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