Compal to establish holding company for IPC business

Compal Electronics chairman Ray Chen stated during an investors conference on May 11 that the company will accelerate its pace for acquiring or investing in industrial PC (IPC) players and the company will also establish a holding company for the acquired or invested in industrial PC companies. The holding company is expected to have a business scale of NT$15-20 billion (US$487.8-650-41 million) by 2016 or 2017.

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via Yuichun