QINGDAO, CHINA -- Home appliance manufacturer Haier Group, one of China's largest OEMs, will purchase PC maker Founder Group, a deal that will make Haier the second-largest seller of PCs in China.
Founder reported sales of 7.39 billion yuan (roughly $92 million) in 2005. Haier had sales of 103.4 billion ($12.9 billion) yuan.
ALMEIDA, CA -- The cost of manufacturing in China rose sharply last year, says analyst Charlie Barnhart of Technology Forecasters.
Barnhart, who develops case studies on procurement strategies, says a number of factors are pushing prices for electronics manufacturing services in China higher, and the trend is expected to continue.
"Chasing low-labor rates around the globe is not the answer," Barnhart wrote. He will produce a workshop on the topic on Jan. 17, in Chicago.