Kontron AG founds joint-venture with Quanta Computer Inc. of Taiwan
World's largest producer of laptops acquires minority stake in Kontron Asia Inc., Taipei
With over 40,000 employees globally, Quanta produces around 30% of worldwide laptops per year, and generated total revenue of over EUR 16 billion in 2007. "Volumes are constantly rising in the high-growth embedded computer market, particularly for applications in the POI/POS, cash machine, infotainment, and gaming areas. The new Joint Venture between Quanta and Kontron now allows Kontron AG to offer volumes of 100,000 embedded computer systems per year on a competitive basis," commented Kontron CEO, Ulrich Gehrmann.
Kontron launched a reorganization of its sales structures in Asia as recently as the fourth quarter of 2007, entailing the installation of centrally managed sales. Kontron AG aims to relocate additional production volume to Asia over the next few years; the aim is for 75 percent of all of Kontron's embedded computers to be manufactured in the Joint Venture by 2010. Processes such as final configuration and the installation of software, however, which are highly know-how critical, will continue to be performed at the European and American Kontron companies. The company will present detailed figures for the 2007 financial year at its year-end results press conference in Munich on March 26, 2008.
Kontron designs and manufactures standard-based and custom embedded and communications solutions for OEMs, systems integrators, and application providers in a variety of markets. Kontron engineering and manufacturing facilities, located throughout Europe, North America, and Asia-Pacific, work together with streamlined global sales and support services to help customers reduce their time-to-market and gain a competitive advantage. Kontron's diverse product portfolio includes: boards and mezzanines, Computer-on-Modules, HMIs and displays, systems, and custom capabilities. Kontron is a Premier member of the Intel® Embedded and Communications Alliance. The company is a recent three-time VDC Platinum vendor for Embedded Computer Boards. Kontron is listed on the German TecDAX stock exchange under the symbol "KBC". For more information, please visit: www.kontron.com.