Taiwan's Hon Hai buys $30 mln system from Compaq
TAIPEI, April 9 (Reuters) - U.S. giant Compaq Computer Corp
(NYSE:CPQ - news) said on Friday it is supplying Taiwan connector
and socket maker Hon Hai Precision Industry Corp with a US$30
million management system.
Under a letter of intent signed in Houston, Texas, on Thursday, Hon Hai would invest $30 million in
establishing a supply chain management and enterprise resources planning system provided by
Compaq, the U.S. firm said in a statement.
Compaq will complete the installation in three years, it said, adding the deal will reinforce its
cooperation with Hon Hai.
($ = T$33.1)
More Quotes and News:
Compaq Computer Corp (NYSE:CPQ - news)
Related News Categories: computers, publishing, US Market News
Help
Copyright © 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited
without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions
taken in reliance thereon.
See our Important Disclaimers and Legal Information. |
