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ABIT announces USI deal

ABIT Computer Corporation
announced the signing of a long-term agreement with Universal Scientific Industrial Co., Ltd. (USI),
corporation, which is a recognized strategic DMS partner of the world
brands for the production of 4C products (Computing, Communications, Consumer
Electronics and Car Electronics). USI press release explicitly mentions the acquisition of ABIT’s motherboard division and the latter becoming a USI subsidiary.

Purchase of ABIT cost USI 10.95 million. dollars. Under the terms of the agreement, everything related to the production of motherboards under the ABIT trademark: patents,
developments, current affairs – transferred to the disposal of USI.

At the moment, the supply volumes of the company’s motherboards
ABIT are 2-2.5 million. units of production per year. After joining the efforts of both companies, USI intends to increase this production figure to 10 million. units of production per year. Also, USI plans in the future to expand both the range of products and expand sales markets. Now ABIT products are actively sold in Asia,
Europe and America, expanding to the markets of China, India and Russia.

both companies believe that combining ABIT engineering with
production facilities and a developed world service network of USI
will make it possible to achieve significant success in the near future, increase the volume
production and get the corresponding profit.

Sources: ABIT,

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