Asustek to end cellphone cooperation with Garmin

TAIPEI, Oct 25 (BestGrowthStock) – Taiwan’s Asustek Computer Inc
(2357.TW: ) said on Monday it would end its mobile phone
cooperation agreement with Garmin (GRMN.O: ), which has said it is
ready to exit the smartphone business.

Asustek, which sells laptops and mobile phones carring its
own name, is set to give more details on Tuesday, a company
official said.

In September, Garmin said it will decide over the next couple
of quarters the future of its struggling smartphone unit, and is
ready to exit the business if it does not achieve success.
[ID:nLDE6881WD]
(Reporting by Argin Chang; Editing by Jonathan Standing)

Asustek to end cellphone cooperation with Garmin