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Leadtek says relation with NVIDIA is solid, denies job cuts

Posted on Friday, November 14 2008 @ 13:39:38 CET by

A couple of days ago FUD Zilla published a rumour that Leadtek recently fired 450 people because GPU maker NVIDIA was allegedly cutting some of its smaller partners. Leadtek send out a press release today to deny these rumours, the firm says their operation is strong and that its relationship with NVIDIA is still solid:
With its strong and health operation, Leadtek does not fire 450 employees as rumor said. The partnership of Leadtek and NVIDIA remains solid, as Leadtek is still the exclusive partner of NVIDIA Quadro series in Asia-Pacific (except in Japan).

Taipei, Taiwan, November 14th, 2008 –

To clarify the false internet rumor, “…Leadtek, recently fired 450 people from its operation…Leadtek was not in NVIDIA’s top six list and this might be the partial reason….”, we have to state some facts here :

1. With 378 employees at the moment, Leadtek is in a good and strong condition, no future down-sizing plan ongoing.

2. Leadtek NVIDIA Quadro series is No.1 in Asia-Pacific, and NVIDIA has stated that Leadtek is still its direct account and the exclusive distributors of NVIDIA Quadro series in Asia-Pacific region (except in Japan).

The rumor of firing 450 people and the loosing partnership with NVIDIA is apparently false and exaggerating.


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Re: Leadtek says relation with NVIDIA is solid, denies job cuts
by Anonymous on Friday, November 14 2008 @ 18:47:57 CET
Haha so FUDZilla said Leadtek would fire 450 folks.. turns out the firm only has 378 employees. More proof you shouldn't take everything the rumor mills say for granted.


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