News
 

Bookmark and Share

(0) 

Foxconn Electronics, the world’s largest contract manufacturer of various computer and electronics components, is reportedly looking at memory module business, possibly, in order to start making its own memory sticks, or acquire another successful player on the market.

“Top-level executives from Foxconn contacted A-Data via an introduction from United Microelectronics Corporation (UMC) in an attempt to understand the memory module business and assess the possibility of tapping into the segment,” Chinese-language Economic Daily News (EDN) quotes Simon Chen, chairman of A-Data, as saying, reports DigiTimes web-site.

Foxconn Electronics reportedly denied such contacts.

Entering memory module business would allow Foxconn to ensure stable supply of memory modules to its clients, who order the company mainboards and other components, but have to buy memory modules from certain third-parties. Given that memory module supplies and prices usually fluctuate, Foxconn’s businesses may be impacted by them. On the other hand, Foxconn is constantly looking for new markets to invest and develop and memory module business might be a logical direction.

Foxconn is currently the world’s leading contract manufacturer of various electronics equipment, however, there are still many lucrative market that the company has not been able to penetrate so far itself and a logical move for the firm would be to tap the new markets with acquisitions.

Discussion

Comments currently: 0

Add your Comment




Related news

Latest News

Monday, April 14, 2014

8:23 am | Microsoft Vows to Release Xbox 360 Emulator for Xbox One. Microsoft Xbox One May Gain Compatibility with Xbox 360 Games

Tuesday, April 1, 2014

10:39 am | Microsoft Reveals Kinect for Windows v2 Hardware. Launch of New Kinect for Windows Approaches

Tuesday, March 25, 2014

1:57 pm | Facebook to Acquire Virtual Reality Pioneer, Oculus VR. Facebook Considers Virtual Reality as Next-Gen Social Platform

1:35 pm | Intel Acquires Maker of Wearable Computing Devices. Basis Science Becomes Fully-Owned Subsidiary of Intel

Monday, March 24, 2014

10:53 pm | Global UHD TV Shipments Total 1.6 Million Units in 2013 – Analysts. China Ahead of the Whole World with 4K TV Adoption

10:40 pm | Crytek to Adopt AMD Mantle Mantle API for CryEngine. Leading Game Developer Adopts AMD Mantle

9:08 pm | Microsoft Unleashes DirectX 12: One API for PCs, Mobile Gadgets and Xbox One. Microsoft Promises Increased Performance, New Features with DirectX 12

3:33 pm | PowerVR Wizard: Imagination Reveals World’s First Ray-Tracing GPU IP for Mobile Devices. Imagination Technologies Brings Ray-Tracing, Hybrid Rendering Modes to Smartphones and Tablets

2:00 pm | Nokia Now Expects to Close Deal with Microsoft in Q2. Sale of Nokia’s Division to Close Next Month