Hon Hai to buy Quanta?

It's been a busy day for tech acquisitions: first, Acer ponied up to acquire Gateway, which in turn was rumored to be interested in Packard Bell, and now we're hearing rumors that Quanta and Hon Hai, two of the biggest device manufacturers around, are ready to tie the knot. The rumor's actually been floating around for a while -- long enough for Hon Hai to have denied it several times -- but Quanta's CEO, Michael Wang, resigned over the weekend, in part because he disagreed with the acquisition plan. Hon Hai (also known as FoxConn) is probably best known for manufacturing the iPod, but the company isn't particularly strong in the laptop segment, where Quanta is the clear leader. Nothing's been announced yet, but it's a dramatic time in the Asian ODM world -- stay tuned.

[Via BloggingStocks]

[js @ Aug 27th 2007 9:41PM]

Long live China.

[rl @ Aug 27th 2007 10:07PM]

Quanta and Hon-Hai or Foxconn are TAIWANESE companies, thank you very much. Wiki it ...

[GamaFu @ Aug 27th 2007 10:20PM]

ya... and Acer is Taiwanese company too.

[zxdxz @ Aug 27th 2007 10:35PM]

that's not big difference, they all Made in china anyway..

I missed thinkpad from IBM(made in china though...)

[hello @ Aug 28th 2007 3:28PM]

Long live China.

Taiwan is a province of CHINA, thank you very much. Wiki Republic of China...

ya... and Hong Kong is part of China too.

there is no difference, they are Made in China and the businesses are Chinese if they are located in the province of Taiwan... period.

[humpty @ Aug 27th 2007 9:43PM]

Who does Quanta manufacture lappys for?

[rl @ Aug 27th 2007 10:12PM]

I think the list is as follows: they make laptops for Dell Computer, Compaq, Gateway Computers, Gericom, Apple Inc, Hewlett Packard, IBM, Sony, Sharp Corporation, Toshiba, Fujitsu, Maxdata, and Siemens AG.

[AKBlade13 @ Aug 27th 2007 10:04PM]

Next think you know, Cisco or Apple will want to buy out Nintendo.

Or Samsung will want to merge with LG.

Man this must be merger day.

AKBlade13

[MastaWu @ Aug 27th 2007 10:58PM]

Nintendo is as much big as Apple. Therefore, not much chance on Apple buying Nintendo.

[CT A @ Aug 27th 2007 11:08PM]

Keep Dreaming Wiibot

[AKBlade13 @ Aug 27th 2007 11:14PM]

At CT A

What do you mean? I was just trying to state that a lot of companies are trying to buy each other out lately (as of today) and that outrageous mergers might occur at any moment. Would the concept make sense if I said Mozilla might try and take over Opera, or Creative with Nokia?

Well all I'm saying is that today, people are trying to combine companies to gain benefits.

AKBlade13

[I LOVE THE CAPS LOCK KEY @ Aug 27th 2007 11:35PM]

"Nintendo is as much big as Apple. Therefore, not much chance on Apple buying Nintendo."

Not so true.

Well, several years ago Kmart Filed for bankruptcy, closed down a hundred stores, and then a few weeks later announced they will buy Sears & Roebuck. The Same happened with AOL buying the larger time-warner. So it is possible that Apple may buy Nintendo, but not likely.

[CT A @ Sep 29th 2007 4:37PM]

Sorry, should've specified. The comment was for MastaWu

"Nintendo is as much big as Apple."

[lymisme @ Aug 29th 2007 4:21AM]

"Taiwan is a province of China?"
So America is a county of United Kingdom?

Please google it, Taiwan has NEVER been a province of China.

BTW, I doubt that Quanta and Foxconn will merge in any near future.