TAIPEI -- Abit, a publicly traded manufacturer of PC hardware, is putting its main
production facilities in China on the market and will outsource its manufacturing, according to news reports.
According to local press
reports, Abit will use the proceeds to retire debt.
The company has outsourced low end production, to
Elitegroup Computer Systems for two to three years.
In the report, published Monday in the Inquierer, a Taiwanese news
source, Abit said that while ECS remains in the picture, the company is
also looking for other qualified EMS fims.
Abit's subsidiary in Suzhou, China,
Rolly Technology, handles
about 80% of the company's production, including its mainstream and
high-end products. According to the report, an Abit spokesman said it
was "likely" that Rolly would be sold.
Abit owns a 60% share in Rolly, (also known as
Luoli
Computer Co., Ltd.), a stake valued at $40 million.
The plant's new owner will likely retain the Abit contract for an
unspecified period in order to maintain consistency, the report said.