Grundig Corp question
Does anyone know what Grundig's participation in the design of radios bearing
their name is?
It's my impression that several years ago, they got completely out of the radio
design/manufacturing business. As part of a financial restructuring process,
they sold the rights to use their name as it applies to radios only to
Lextronics (now Eton). Eton, an American marketing company, comes up with the
radio ideas and has a Taiwanese engineering company do the actual engineering.
They in turn, have a Chinese company, TecSun actually manufacture the radios.
Am I partially right? I can't seem to find any website that gives the actual
story.
thanks
elfa
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