BenQ to Sell Digital Camera Business to Taiwan's Ability Enterprise
May 25, 2007
Taiwan-based BenQ announced to sell its digital camera-related business to Ability Enterprise, a Taiwanese contract manufacturer of digital cameras. According to the published scheme, Ability will acquire the assets of BenQ's digital camera division, including manufacturing equipment and R&D facilities. BenQ will retain its own brand, though, and outsource digital camera production to various suppliers, including Ability. Book value of the transaction is to be determined on June 30, 2007.