Telecoms market downturn pushes Rakon deeper into the red
NZX listed electronics manufacturer Rakon has reported an after tax loss for FY2017 of $13.6m compared to a loss of $1.6m for FY2016 following a 16 percent drop in revenues to $94.7m.
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Rakon credited with driving IoT startup Thinxtra’s success
NZX listed electronics company Rakon says its investment in Australian IoT startup Thinxtra has been instrumental in driving that company’s growth.
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Rakon CEO joins Hi-Tech Hall of Fame
Rakon CEO Brent Robinson has been awarded the Tait Radio Communications Flying Kiwi Award from the Hi-Tech Trust, it was announced yesterday.
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Rakon picks up discounted IBM SAN
Rakon has upgraded its storage area network to meet capacity demands associated with its recently-opened joint venture factory in China. The electronics company has replaced its two IBM DS4700 SANs with an IBM Storwize V7000 SAN.
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Rakon officially opens new Chinese factory
The opening of Rakon’s new US$35 million facility in Chengdu, China, was marked at a media and analyst conference at the company’s Auckland headquarters today.