Rakon Limited (RAK) is a world leader in the development and production of high performance quartz crystal components used for timing reference and frequency control in demanding applications, such as global positioning systems (GPS) and wireless communications.
From its head office and manufacturing facility in Auckland, New Zealand, Rakon produces a range of crystals and oscillators for its global customer base which includes many of the world's leading manufacturers of recreational, commercial and military/aerospace GPS products, mobile phones and other communications products.
As a leading provider to the GPS industry, Rakon believes it is well positioned to benefit from the significant growth which the Company considers is likely to occur as GPS products penetrate the consumer mass market.
The acquisition of the Frequency Control Products (FCP) division of C-MAC Microelectronics in March 2007 also provides Rakon with leading market positions in the supply of crystal oscillators to the GPS, telecommunications network timing/synchronization, and aerospace markets. |