ODM Quanta Computer will reportedly pay US$7.9 million for a contract violation involving the termination of an order made with a China-based lens module supplier.
US-based fitness equipment maker Peloton has sent price inquiries to multiple suppliers after scaling down its orders placed with Quanta Computer, according to industry sources.
Component suppliers for Peloton have come under increasing pressure to offload inventory, due to a substantial cutback in orders from the US-based fitness company since January, according...
US-based fitness equipment maker Peloton has sharply cut its shipment pull-ins for components in January amid media reports that it may suspend production of its bikes and treadmills...
US-based online workout platform Peloton has slowed down the development of some of its new product projects for 2022, which may affect negatively its suppliers, according to industry...
Quanta Computer and Pegatron have both obtained orders for new smart fitness devices from Peloton, with production set to kick off in October, according to industry sources.
Smart home gym equipment has been gaining significant sales momentum amid the pandemic, prompting international brand vendors in the segment to repeatedly increase orders with Taiwanese...
The growing popularity of online workouts amid the coronavirus pandemic is regarded as a new driver of Taiwan's ICT industry growth in 2021, according to industry sources.