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LG Electronics to increase on EMS and ODM

LG Electronics plans to outsource 12-14 million handsets to ODMs and 10 million units to EMS providers this year.

January 07 2010, 8:38 AM

EMSThis new outsourcing policy is expected to benefit mostly Taiwan based Arima Communications and Foxconn, according to Digitimes.

LG Electronics is looking for a higher growth this year of 25-30% and the company expect its handset shipment to reach 150-160 million units.

Qimonda plant in China sold

ComponentsSuzhou Venture Group, a Chinese state owned venture capitalist has bought Qimonda's DRAM module assembly facility in China.

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