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Flextronics Firing Up Power Supply Line |
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Written by Mike Buetow
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Thursday, 08 May 2008 |
SINGAPORE -- Flextronics became a little more vertical, completing its acquisition of the FRIWO Mobile Power business unit of CEAG AG. FMP makes power supplies and chargers for mobile phones, and has 18,000 employees and 700,000 sq. ft. of manufacturing capacity in China.
The deal positions Flextronics to become one of the largest power supply companies, executives said.
In a statement, Bob Roohparvar, president of Flextronics' Vista Point Technologies, said, "This acquisition broadens our relationships with mobile phone OEMS, enhances our global reach and adds vertical integration capabilities such as magnetic (transformer) manufacturing." |
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