caLogo
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."
Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article
Don't have an account yet? Register Now!

Sign in to your account