Rumors point to a Foxconn-Quanta merger
by Cyril Kowaliski
9:12 AM on October 4, 2006
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.