Acer, a PC player and notebook vendor, and Founder Group, China’s high-tech company, have signed a memorandum of mutual understanding for both parties’ relative ITC business, in a move to enhance and expand ITC business in China.
Under the terms of the agreement, both parties are intending to jointly involve Acer in planning, development and design of Founder brand products in order to provide to the market more competitive Founder PC products, including notebook, netbook as well as mobile internet devices, such as e-Reader. They will jointly address PC market in China.
Acer expects to able to build up strong synergy on product offering, supply chain and channel coverage, through leveraging Founder’s distribution channels and its capability on defining and designing mobile products.
In addition to the above, both parties will also consider additional business cooperation relating to PC products such as activities on intellectual property rights, supply chain and after-service.
Further to cooperation on PC products, both parties also intend to build up strong synergy on handheld PCB and non-PC products businesses.
