Posted on Thursday, October 29 2020 @ 11:32 CET by Thomas De Maesschalck
It's been a while since I last wrote a post about VIA. Long ago, the company sold x86 processors but as far as I can remember it was never really competitive with AMD or Intel. Now DigiTimes
reports the Taiwanese firm is selling some of its x86 processor patents to Chinese chip maker Zhaoxin Semiconductor. The latter was founded in 2013 and is a joint-venture between VIA and China's Shanghai government. VIA expects to gain $197 million from the x86 IP asset sale.
VIA in a filing with the Taiwan Stock Exchange (TWSE) disclosed plans to sell a portion of its chipset IPs to Zhaoxin, in which it holds a 14.75% stake. VIA through its wholly-owned subsidiaries Viabase and Viatech will also transfer part of its processor IPs to the Shanghai-based company. The transaction is estimated at a total of US$257.39 million.
