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Palmax to merge with Compal

Shu Ling Chan, Taipei; Noah Sauve, DIGITIMES Asia 0

Compal Electronics decided at its February 6 board meeting to merge with its subsidiary Palmax Technology, which specializes in Pocket PC production. The two companies will finalize the merger in July with a 3-to-1 stock swap. After the swap, Compal’s...

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