GPS Chip Maker Rakon (NZE:RAK) To Expand China Joint Venture

  Sydney, Australia, Sep 22, 2009 - (ABN Newswire) - New Zealand's global position system chip maker Rakon Ltd. (NZE:RAK) said Tuesday it will expand its joint manufacturing venture in China with its existing joint venture partner, Timemaker Crystal Technology Ltd., and expects the project to significantly boost sales and profits.  

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