SiS sales down 50 percent this year

Posted on Thursday, July 09 2009 @ 1:45 CEST by Thomas De Maesschalck

Taiwanese chipset maker SiS reports its sales fell slightly more than 50 percent in the first quarter of this year. The company is optimistic about the second half of the year though, as it believes its IP licensing and SoC business will start contribute revenues.

Silicon Integrated System (SiS) has announced revenues for June 2009 at NT$391 million (US$11.93 million), down 26% on year, but up 13.05% on month. Accumulated sales for January through June totaled NT$1.57 billion, representing a 50.21% drop from NT$3.76 billion a year ago.

Source: DigiTimes

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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