China-based touch panel maker Holitech Technology reportedly will raise funds to acquire Each Opto Electronics Industrial, BYD's electronics component department, and Pingbo Electronics, all makers of touch panel-related components. Digitimes Research believes the acquisitions will raise Holitech's position in the industry and boost its touch panel shipments to help it become the second-largest supplier in China as the acquired businesses will complement Holitech's weaknesses.
from DIGITIMES: IT news from Asia http://ift.tt/1M2Jc60
via Yuichun
from DIGITIMES: IT news from Asia http://ift.tt/1M2Jc60
via Yuichun
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