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Electronics Production | August 14, 2007

Is Lite-On to make a comeback<br>in the OEM handset business?

Taiwan-based Lite-On Technology shocked the industry by announcing its withdrawal from the OEM handset business in 2005; it then raised the eyebrows of industry watchers with an August 13 announcement that it will acquire the Finland-based handset casing company Perlos for 277 million euro (US$377 million) or 5.20 euro per share.
Does the planned acquisition of Perlos indicate that Lite-On intends to re-enter the OEM handset market?

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