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Yageo looking to acquire European distributor in 2H

Apple Daily, March 1
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Yageo, a Taiwan-based passive component maker, expects to take over a European distributor in the latter half of 2006 at the soonest, the Chinese-language Apple Daily cited company sources as saying.

Yageo's next acquisition focus will be aimed at raising its competitiveness in the European and US channel market rather than increasing its R&D and manufacturing capabilities, indicated the paper.

Article translated by Jessie Shen and edited by Jessie Shen