Rumors point to a Foxconn-Quanta merger
As the AMD-ATI merger inches toward completion, two Taiwanese industry giants may be about to seal another huge merger deal
, according to a report by DigiTimes. The report says a merger between Foxconn and Quanta is already in its final stages, and that the tie-up will happen via a share swap, with every 3.5 Quanta shares to be converted to one Foxconn share. Quanta gets very little publicity in the consumer market, but the company is actually the world's biggest
original design manufacturer (ODM) of notebooks. Foxconn, meanwhile, is the world's second-biggest
motherboard manufacturer and also the largest
privately-held company in Taiwan.
Despite the rumors, the two companies have both denied being involved in a merger, with Foxconn reportedly adding that it had "never discussed any merger plan" with Quanta. Much like the AMD-ATI merger rumors, though, word about a Foxconn-Quanta merger has been circulating for weeks.