ASUS denies plan to adopt ARM-based platform from VIA

Posted on Tuesday, December 11 2012 @ 15:25 CET by Thomas De Maesschalck

DigiTimes reports Asustek refuted a recent market rumor that it plans to adopt an entry-level ARM-based platform from VIA Technologies subsidiary WonderMedia for the creation of a $99 7" tablet for the Chinese market.

Commenting on a recent market rumor that Asustek Computer considers to adopt entry-level ARM-based platform from WonderMedia, a subsidiary of VIA Technologies, for an US$99 7-inch tablet in China, Asustek Computer CFO David Chang has refuted the rumor and said the company has no such plans.

The rumor benefited VIA in its stock price on December 10 with a daily top limit of 7% growth.

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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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