Rakon Ltd., designer and producer of high-precision quartz crystals, oscillators, and frequency control products will build a manufacturing plan in southern China by the end of the year.
New Zealand–based Rakon will work with an unnamed Chinese partner that the company says is already part of its supply chain. In July, the company opened a new Shanghai office, which joined existing offices in Shenzhen, China, and Taipei, Taiwan.
Rakon Ltd., designer and producer of high-precision quartz crystals, oscillators, and frequency control products will build a manufacturing plan in southern China by the end of the year.
New Zealand–based Rakon will work with an unnamed Chinese partner that the company says is already part of its supply chain. In July, the company opened a new Shanghai office, which joined existing offices in Shenzhen, China, and Taipei, Taiwan.
The strong New Zealand dollar coupled with strong growth in the GPS market, in particular the personal navigation device (PND) sector, has prompted Rakon to move closer to its growing Asian markets and add to its current manufacturing bases in New Zealand, the United Kingdom, and France.
The Asian region is a major business market for Rakon, with customers in the GNSS, telecommunications network timing/synchronization and aerospace industries. Rakon reportedly provides the crystal oscillators in about half of the GPS products on the market today.
