Remember VIA Technologies?
Subject: General Tech | August 16, 2012 - 01:17 PM | Jeremy Hellstrom
Tagged: VIA, purchase
There was a time when VIA was a common name in computers for motherboard chipsets and low power processors, but it has been quite a while since they've been in the news. It's PC division has been having a very rough couple of years; only their telecom, USB and ARM branches have been bringing in money. They do however own quite a few patents which has attracted the attention of an unnamed China-based communications chip player who, according to DigiTimes, are looking to purchase VIA. This will likely have little effect on the North American market but could put them in much better standing in the Asian markets.
"In the first half of 2012, VIA suffered net losses of NT$1.86 billion (US$62 million) and compared to the same period a year ago, the amount increased 63% with EPS already at negative NT$1.89. Although the company achieved an on-month growth in July revenues, due to the weak global economy and strong competition in China's white-box market, market watchers are mostly conservative about its future performance."
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