Electronics Production | July 10, 2007

No Foxconn-Quanta merger, says Quanta

Rumors told that Foxconn is about to acquire Quanta Storage but that is not true, according to Quanta.
Taiwan's largest maker of slim-type optical disc drives (ODDs) Quanta Storage saw its stock price go up to NT$63 per share on July 9, its highest level so far this year by the rumor saying that Foxconn would acquire the company.

However Quanta Storage denied the merger.


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