Lite-On discontinues handset assembly business

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Lite-On discontinues handset assembly business

Following monthly losses of NT$80-90 million from its telecommunications division, Lite-On Technology announced today that it will discontinue its handset-assembly business, though the company will still produce handset components, including cases, LEDs and camera modules, according to the company. However, unspecified analysts have pointed to BenQ’s recent acquisition of Siemens AG’s handset division as being a major factor in Lite-On’s decision.

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