Gigabyte, producent van moederborden, barebone systemen en netwerk-producten zal in de toekomst nauw samen gaan werken met Legend, een grote maatschappij die onder andere PC's, notebooks, servers, handhelds, internet-diensten en moederborden levert. De bedrijven willen zich richten op de Chinese markt en verder wereldwijd aan OEM klanten leveren:
According to the agreement, Legend and Gigabyte will inject their motherboard factories in Huiyang and Dongguan respectively into the joint venture. The total investment is estimated to be HK$250 million. Legend and Gigabyte will both hold 50% equity in the joint venture.
The Board of Directors of the joint venture will compose of a total of 6 representatives, 3 from each of Legend and Gigabyte. The joint venture will have a production capacity of 9 million motherboards per annum. This new venture will initially focus on producing motherboards for Legend QDI and Gigabyte but will move towards developing a worldwide OEM customer base in the future.
Yang Yuanqing, President and CEO of Legend, said, “I am pleased to see Legend forming this joint venture with Gigabyte. Legend and Gigabyte share a common development target, both determined to base in the PRC to develop large-scale manufacturing business. Likewise, we both are committed to exploring the worldwide OEM market. The two companies have established a strong business relationship over the years, with mutual understanding and trust. We are confident that the joint venture will develop into one of the largest contract manufacturing corporations in the world.”