Featured Articles

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC has announced that it will begin volume production of 16nm FinFET products in the second half of 2015, in late…

More...
AMD misses earnings targets, announces layoffs

AMD misses earnings targets, announces layoffs

AMD has missed earnings targets and is planning a substantial job cuts. The company reported quarterly earnings yesterday and the street is…

More...
Did Google botch the Nexus 6 and Nexus 9?

Did Google botch the Nexus 6 and Nexus 9?

As expected, Google has finally released the eagerly awaited Nexus 6 phablet and its first 64-bit device, the Nexus 9 tablet.

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 20 July 2010 09:45

Cheng Uei denies Intel “investment”

Written by Nick Farell


It is not buying us either

Cheng Uei Precision, is denying reports that Intel will either invest in the outfit or buy it completely. Intel wants to diversify its supply of PC motherboard socket connectors and doing something with Cheng Uei makes sense.

However a buy out would pit Terry Guo, founder of Hon Hai, and Wei Guo, chief executive of Cheng Uei Precision against each other. They are brothers so this could end up with knives being drawn. Intel does not speculate on market rumours and Cheng Uei pointed out that it doesn't make socket connectors.

But word on the street is that Hon Hai is getting too big. It dominates the electronics manufacturing service market, churning out gadgets for the likes of Apple, Hewlett-Packard, Dell, and Sony.
If someone like Intel were to prop up Cheng Uei then it would give Hon Hai a run for its money. According to Information Week, when the likes of Intel or Dell think one supplier is getting too dominant so they try to nurture another one so they can play them off each other and keep prices lower.
Cheng Uei denies Intel “investment”

Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments