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Through this strategic partnership, Lester Electronics holds a good portion of the market share in the United States. Recent events have pushed LEI to a pivotal point. Shang-wa has received a proposal to begin talking with Transnational Electronics Corporation (TEC) for a joint venture with the possibility of an acquisition. John Lin has hinted in the past about a partnership and now would like to make it a reality. Without a partnership to solidify both companies, they are both in a position to be acquisitioned into faster goring companies. LEI has also received notice that another company is interested in them, Avral Electronics (University of Phoenix, 2008)...
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