Following Asus and Hon Hai, Taiwanese Quanta has decided to invest in at least ten companies covering four industry sectors, including computers, communications, consumer electronics, and cars. The first deal, ranging from NT$300 to NT$500 million and aiming at makers specialized in mechanical parts, auto parts, antenna, and GPS (Global Positing System) modules, is likely to occur in January 2006. By establishing strategic ties with component makers, Quanta expects to gain competitiveness in the handset, LCD (Liquid Crystal Display) TV, and auto electronics markets.