VIA to be taken over by Chinese communication chip maker?

Posted on Thursday, August 16 2012 @ 17:05 CEST by Thomas De Maesschalck
DigiTimes heard rumors that a Chinese communications chip firm is interested in acquiring VIA Technologies:
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.

However, since the company still has some technologies and R&D abilities in the CPU industry, VIA has been rumored for many years to be consider forming cooperation with several China-based players.


About the Author

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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