Elcoteq to acquire handset ODM Arima Communications, say sources
Apr 30, 2008
Europe-based EMS service supplier Elcoteq plans to acquire one of Taiwan's top handset makers, Arima Communications, according to industry sources.
The sources claimed that Elcoteq and Arima have reached the final stages of acquisition talks, and an announcement can be expected soon, once terms have been finalized.
The deal would mark
the first time for a Taiwan-based handset ODM to be acquired by a foreign EMS provider, but would also re-highlight an industry trend which is seeing the EMS and ODM sectors join forces in order to improve competitiveness in the handset market.
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