29 Dec '14, 8am
Wistron to make investment in telematics device maker #DIGITIMES
Wistron to make investment in telematics device maker Aaron Lee, Taipei; Steve Shen, DIGITIMES [Monday 29 December 2014] Notebook ODM Wistron has decided to step into the telematics segment by committing investment in Taiwan-based Join-link International Technology, which focuses on production of car entertainment multimedia devices, driving recorders and related in-car monitoring devices. Wistron's initial investment in Join-link will be capped at NT$600 million (US$18.9 million), accounting for a 50-60% stake in the telematics company, Wistron said. Join-link's car entertainment devices have entered the supply chains for Mitsubishi Thailand, Dongfeng Nissan Diesel Automobile, Jianghuai Automobile (JAC) and Toyota, according to industry sources. Optimizing Wistron's manufacturing capability related to industrial PC systems, display and touch-enabled devices, Join-link wil...