SUWANEE, Ga., Feb. 8, 2018 /PRNewswire/ -- ARRIS
International plc (NASDAQ: ARRS) today announced an agreement with
long-time partner Pegatron Corporation for the sale of ARRIS's
manufacturing facility in New Taipei City, Taiwan. Production of ARRIS customer premises
equipment will transition to Pegatron's Suzhou site in China by the end of 2018. ARRIS will continue
to maintain technology development and business operations in
Taiwan, including its newly
acquired Ruckus operations. ARRIS's Taiwan Technology Center will
be a major tech hub for the company.
This agreement enables ARRIS to leverage Pegatron's scale and
investments in emerging technologies to further accelerate
innovation and time to market. This flexibility will enable ARRIS
to continue meeting a diverse set of global customer needs as
market conditions rapidly evolve. This sale is part of ARRIS's
supply chain strategy to leverage key partners to simplify its
manufacturing footprint.
"ARRIS's global vision is to leverage scale across a key number
of global partners that allow us to concentrate on R&D, as well
as anticipate the needs and expectations of our customers and their
subscribers. Pegatron is a long-term, trusted manufacturing partner
of ARRIS, with a proven track-record of quality and performance,
and we expect the transition to be seamless for our customers,"
said Jim Brennan, ARRIS SVP, Supply
Chain, Quality & Operations.
"Today's transaction builds on a successful 15-year relationship
with ARRIS, during which we have helped them to deliver a range of
major innovations to the global marketplace. Pegatron is proud to
produce cost-effective, high-quality products; we look forward to
continuing our joint success with ARRIS long into the future," said
Syh-Jang Liao, President and CEO,
Pegatron.
About Pegatron
Pegatron (TWSE:4938) is a leading
DMS (Design, Manufacturing Service) company with extensive
experience and proven capabilities in design innovations, product
development, vertical integration and after-sale services. For more
information, visit www.pegatroncorp.com
About ARRIS
ARRIS International (NASDAQ:ARRS) is powering a smart, connected
world. The company's leading hardware, software and services
transform the way that people and businesses stay informed,
entertained and connected. For more information,
visit www.arris.com.
ARRIS and the ARRIS Logo are trademarks or registered
trademarks of ARRIS Enterprises, LLC. All other trademarks are
the property of their respective owners. © 2018 ARRIS
Enterprises LLC. All rights reserved.
Forward-Looking Statements
Statements made in this release, including those related to the
proposed sale of the Taiwan
manufacturing facility and the expected impacts from the same, are
forward-looking statements. These and other forward-looking
statements are subject to risks and uncertainties that may cause
actual results to differ materially from those indicated in the
forward-looking statements. Such risks and uncertainties include,
but are not limited to: the sale of the manufacturing facility is
subject to regulatory approvals and customary closing conditions
which may not be satisfied or may require conditions that are not
acceptable to the parties; the transfer of production to new sites
may take longer than expected; the anticipated benefits from moving
the manufacturing of the products may not be realized; ARRIS may
encounter production delays or delays related to quality that can
occur when new production facilities are brought on-line for the
transferred products. These factors are not intended to be an
all-encompassing list of risks and uncertainties that may affect
ARRIS' business. Additional information regarding these and other
factors can be found in ARRIS' reports filed with the Securities
and Exchange Commission, including the ARRIS International
Quarterly Report on Form 10-Q for the quarter ended September 30, 2017. In providing forward-looking
statements, the Company expressly disclaims any obligation to
update publicly or otherwise these statements, whether as a result
of new information, future events or otherwise, except as required
by law.
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SOURCE ARRIS International plc