Compal Electronics Inc (
Opposite to its past self-supporting expansion strategies, Compal aims at pushing forward mergers and acquisitions (M&A) this year to further drive up revenue and expand company size, said chairman Rock Hsu (許勝雄) said.
Hsu did not deny market speculation that the major networking equipment maker Accton Technology Corp (
Analysts praised this move, as it may help Compal brace for the major trend of 3C integration -- computer, communication and consumer electronics -- and snatch a larger market share.
"Compal has been a market leader in manufacturing notebooks but its capability in consumer electronics is relatively weak," said Steven Tseng (
"If its merger target is Accton, its move in this direction makes perfect sense, considering the aggressive moves made by Hon Hai Precision Industry Co (
Hon Hai, the nation's biggest electronics company by sales, acquired Ambit Microsystems Corp (
In February, Hon Hai announced the merger of AnTec Electric System Corp (
Tony Tseng (
"Expanding into wireless communications is an important step for Compal in expanding its turf," he said at the Taipei International Electronics Spring Show, which started yesterday and will last until Monday, and is held at the Taipei World Trade Center Exhibition Hall I.
According to government statistics, the nation's electronics sector created export outputs worth US$88.62 billon last year, nearly 50 percent of Taiwan's total exports.
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