Electronics Production | November 03, 2008
Foxconn not to be affected by possible Sanyo acquisition
Media reports have suggested a possible acquisition of Sanyo by Panasonic. However, this deal would not affect Taiwan-based makers of digital cameras - such as Foxconn - in a negative way.
Panasonic reportedly is close to signing a deal to acquire Sanyo, one of the world's five largest ODM/OEM makers of digital cameras. The company would add Sanyo's ODM/OEM shipment volume of about 18-20 million digital cameras this year to its annual production capacity of 6-8 million digital cameras, reports DigiTimes. However Panasonic does not outsource any ODM/OEM orders to Taiwan-based makers, the report goes on.