Electronics Production | July 02, 2007
Pioneer to liquidate factories<br>in Mexico and Belgium
To minimize its overall production cost Pioneer has decided to liquidate its factories in Mexico and Belgium.
According to Digitimes this may result in that Lite-On IT and Quanta Storage, obtaining additional ODM/OEM orders from Pioneer.
The company plans to complete the liquidation of the factories by the end of March 2008 and will concentrate on the production of home-use audio/video electronic devices in Japan, the US and the UK.
The company plans to complete the liquidation of the factories by the end of March 2008 and will concentrate on the production of home-use audio/video electronic devices in Japan, the US and the UK.
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