 (264 x 196).jpg "Pegatron to buy Ri-Teng -")
Notebook contract maker Pegatron has decided to write out a cheque for $220 million to buy Ri-Teng Computer.
The Taipei Times said that the China-based Ri-Teng Computer supplies metallic mechanical components to major brand companies for use in products such as notebooks, tablet PCs, e-readers, desktop computers and monitors. The outfit is owned by RIH LI International (Samoa).
It is all part of a cunning plan by Pegatron to step up its production of manufacture mechanical parts. It will also give it a better customer base and after-sale services. Pegatron was once the manufacturing part of Asustek which was spun off.
The outfit hit the news this week when it was claimed by the Chinese-language Economic Daily News that it would be the contract maker for Apple's digital media receiver iTV.
Pegatron took the step of denying the rumour in a stock exchange report, which is the company equivalent of swearing on your children's life.
Wouldn't that be very risky for quite a number of CEOs, their minions and dependents?
'This is what the LORD says: 'About midnight I will go throughout Egypt. Every firstborn son in Egypt will die, from the firstborn son of Pharaoh, who sits on the throne, to the firstborn son of the slave girl, who is at her hand mill, and all the firstborn of the cattle as well. There will be loud wailing throughout Egypt—worse than there has ever been or ever will be again.'