Foxconn to buy ECS?

Taiwan-based electronics manufacturing service provider Foxconn Electronics (Hon Hai Precision Industry) reportedly is considering to acquire motherboard maker Elitegroup Computer Systems (ECS) and is said that the consideration is mainly aiming at ECS' China-based retail channel subsidiary Orbbit. However, both Foxconn and ECS refuted the rumor.

Orbbit's headquarters are located in Beijing, China and has branch offices in major cities in Taiwan, Hong Kong and China and its businesses are mainly with DIY, OEM and B2C retail channels and has a complete system for marketing, logistic and after-sales services.