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IT + CE
Lite-On IT to step into car-use DVD players with Meiloon investment
Jimmy Hsu and Kevin Hsu, Taipei; Adam Hwang, DIGITIMES
Lite-On IT on January 20 announced it will purchase 73.354 million shares of Meiloon Industrial, a Taiwan maker of speakers used in cars and consumer electronics devices. The move is a strategic investment to help the company's move into car-use DVD...
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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.