If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
PC Chips takes over Soyo
PC Chips takes over Soyo; more second-tier mobo makers to fall prey
Emma Wang, Taipei; Steve Shen, DigiTimes.com [Monday 2 August 2004] As second-tier motherboard makers continue to lose money, they are expected to increasingly fall prey to takeovers by investors or be forced out of the market in the second half of the year, as seen by the recent takeover of Soyo Computer by members of the Taiwan-based PC Chips Group, according to sources at the makers. A number of investors representing China-based “Leng Teng” (transliterated from Chinese) Electronics, a member of the PC Chips Group, recently bought a majority stake of Soyo’s NT$390 million capital expansion plan through a private placement, the sources said. Soyo completely reshuffled its board of directors and supervisors following the capital expansion in July, with personnel related to PC Chips taking a majority of seats on the board, according to sources at Soyo. PC Chips was founded by Johnson Chiang, chairman of Elitegroup Computer Systems (ECS). However, ECS said that the company had nothing to do with Soyo’s takeover. In addition, Soyo recently told its shareholders that in the near future it plans to expand its product mix to include computer connectors and heat dissipation modules, which happen to be the core products of Leng Teng. Soyo is expected to register pre-tax losses of NT$120 million, or NT$1.23 per share, in the first half of this year, although the company’s first-half shipments of 300,000 motherboards equaled the full year total from last year, according to a DigiTimes report. Leng Teng produces electrical connector products using technology licensed from Tyco Electronics. http://www.digitimes.com/news/a20040802A1001.html == "Every man is a damn fool for at least five minutes every day; wisdom consists of not exceeding the limits." -- Elbert Hubbard |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Why would adding 2 new chips of memory cause Win XP Pro Not to Boot? | [email protected] | General | 18 | February 19th 04 02:41 AM |
BIOS CHIPS : New Replacement Bios Chips or Re - Flash | iCE Flashing iNC | General | 0 | December 12th 03 10:06 PM |
Buying Kingston RAM chips... | Wald | General | 7 | December 6th 03 05:56 AM |
Is there an applet that will tell you a chip's serial? | Perdita X. Dream | General | 1 | October 21st 03 08:24 AM |
BIOS CHIPS : New Replacement Bios Chips or re-flash | [email protected] | General | 0 | October 12th 03 09:46 PM |