News
Foxconn reportedly considering ECS acquisition
Published: Tuesday, July 19, 2011 | Posted By: Dennis
People in the TW tech industry move around a lot and we hear rumors that so in so moved from here to there and whats his name moved from company a to b and then back to a. These transitions are a normal occurrence much like in any industry.
But, what if a person from Foxconn was fed up this their job and moved to ECS only to be required back into Foxconn due to a merger? It would be like they never left.
Source from retail channel pointed out that Orbbit has been operating in China retail market for many years, and is one of the few Taiwan-based players having retail channel capability in China, but since the company's market share is still trailing several China-based local players, even if Foxconn acquires ECS and Orbbit by a lower-than net value price, ECS's weak operation performance since 2007 may not make the transaction worth a while.
I would have to agree with the sources on this one, if Foxconn did buy ECS it wouldn't be to inherit their weak market share but to steal away some key partner or some of their exclusive OEM business.
Related Web URL: http://www.digitimes.com/news/a20110718PD216.html

