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00833 ALLTRONICS
RTNominal unchange0.485 0.000 (0.000%)
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13/05/2014 09:40

Alltronics (00833) expands into China's Wi-Fi sector

[ET Net News Agency, 13 May 2014] Alltronics (00833) said its indirectly wholly-owned
subsidiary, Alltronics Tech. Mftg. (ATM), has entered into a manufacturing agreement with
P2 United whereby ATM has been granted restricted exclusive rights to manufacture and
supply patented Wi-Fi products to P2 United.
This deal marks the milestone of Alltronics in its effort to expand into China's
fast-growth Wi-Fi sector, said the company.
Tapping into China's Wi-Fi market, P2 United has established a strategic partnership
with a state-owned enterprise, which is a market leader with prominent market resources in
the communication and electronic industry. (KL)

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