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Cameo to merge with Global Sun, expects revenues to reach NT$13 billion in 2005
Irene Chen, Taipei; Esther Lam, DIGITIMES
Network-equipment maker Cameo Communications will merge with Global Sun Technology via a stock swap, according to a company filing with the Taiwan Stock Exchange (TSE) on October 29. Every 8.38 shares of Global Sun will be exchanged for one Cameo share...
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The coronavirus outbreak has disrupted production and weakened consumer confidence, with all ICT sectors bracing for major declines in shipments. Digitimes Research has conducted analyses on three mobile device sectors, namely notebooks, smartphones and tablets in the wake of the outbreak.