Memory module maker Power Quotient International (PQI) has added additional investment at its China-based subsidiary, which specializes in the production of infotainment devices for automobiles, according to a company filing with the Taiwan Stock Exchange (TSE).

PQI announced that it would invest another US$1 million in this subsidiary, which it established with a China-based automobile design company in March 2006. PQI said the China subsidiary will invest in the development of in-car entertainment system devices. The China-based subsidiary sells its GPS devices under the brand PQ2.

Memory module maker Power Quotient International (PQI) has added additional investment at its China-based subsidiary, which specializes in the production of infotainment devices for automobiles, according to a company filing with the Taiwan Stock Exchange (TSE).

PQI announced that it would invest another US$1 million in this subsidiary, which it established with a China-based automobile design company in March 2006. PQI said the China subsidiary will invest in the development of in-car entertainment system devices. The China-based subsidiary sells its GPS devices under the brand PQ2.

By: DocMemory
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