VIA has x86 licensing deal with Intel until 2018

It's been a really long time since I've seen a processor from VIA but the company claims it has not yet given up the x86 processor market. The company says it's seeing stable orders for embedded applications such as digital signage, and mentions that it's current x86 patent licensing agreement with Intel is valid until 2018.

DigiTimes notes VIA's stock was recently demoted from the Taiwan Stock Exchange (TSE) to become a full-cash delivery stock because it fell below the minimum net asset value requirements, as a result of VIA's losses in the third quarter due to a delay of its embedded solution orders and some non-recurring engineering expenses.

However, the company's performance will improve in the fourth quarter and it will also receive royalties from MediaTek for its patents.

As for 2015, stable embedded product orders and income from its invested GenieNetworks' CDMA licensing business, which recently acquired its second client, should both benefit VIA's revenue performance.

Although VIA's CPU business continues to suffer from losses, the company's invested Wondermedia, VIA Labs and GenieNetworks as well as the joint venture with the government of Shanghai, China still contribute income.

In the third quarter, VIA's consolidated revenues dropped 33% sequentially to only NT$1.36 billion with net losses of NT$378 million and EPS of negative NT$0.77. The company's EPS for the first three quarters of 2014 was negative NT$1.76.