Strategic Partnership
München, 04.03.2005. Maxon Telecom Co., Ltd (CEO & Chairman : Sung-Bum HONG) today announced that it has entered into a contract with AZEGO, one of the ten leading independent distributors of semiconductor components worldwide, to be a strategic purchasing partner at Maxon Telecom Co., Ltd. on February 15th 2005.
Under the terms of the strategic agreement, AZEGO will purchase and supply the full of GSM mobile phone components for Maxon Telecom for 3 years initially.
Strengthening Maxon Telecom's long-standing strategic cooperation with AZEGO, this new contract will also enable AZEGO to reinforce its position in the Asian market.
About AZEGO
AZEGO is today a leading independent supplier of components and technology which operates worldwide with logistics services in the semiconductor market. Based on the orders of AZEGO's customers, OEMs and CEMs, they procure semiconductor components independently and undertake the management and marketing of excess inventories. In the meantime the Company is one of the ten leading independent distributors of semiconductor components worldwide.
For more information, visit AZEGO on the Internet : www.azego.com/
About Maxon Telecom Co., Ltd.
Since its creation in 1974, Maxon Telecom Co. Ltd. has been specialized in the manufacturing of wireless communication terminals (Cordless Phones, DECT, GSM, CDMA etc). Maxon Telecom Co. Ltd. has R&D centers in Denmark, Britain and Korea and manufacturing plants in Thailand, the Philippines and Korea, of which production capacity can reach more than 5 million units a year.
For more information, visit Maxon Telecom on the Internet : www.maxontelecom.com/