1. Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

Gigabyte to Transfer Own-brand Desktop Motherboard and Graphics Card Business to Gigabyte United

Discussion in 'News' started by malware, Nov 8, 2006.

  1. malware New Member

    Joined:
    Nov 7, 2004
    Messages:
    5,476 (1.49/day)
    Thanks Received:
    956
    Location:
    Bulgaria
    Gigabyte Technology on November 7 announced that it will transfer its existing own-brand desktop PC motherboard and graphics cards business to Gigabyte United Incorporated, a joint venture it will establish with Asustek Computer in January 2007. Gigabyte and Asustek signed a strategic-alliance agreement for the joint venture on August 8 of this year, according to Gigabyte chairman Dandy Yeh. Gigabyte United will have an initial capital of NT$8.0 billion, with Gigabyte and Asustek holding a 51% and 49% stake, respectively. Gigabyte United will have permanent and exclusive licensed use of the Gigabyte brand and trademark for making and marketing desktop motherboards and graphics cards. The strategic alliance with Asustek will avoid competition between the two companies and will integrate the resources of each for better competitiveness.

    Source: DigiTimes
     
  2. lemonadesoda

    lemonadesoda

    Joined:
    Aug 30, 2006
    Messages:
    6,267 (2.08/day)
    Thanks Received:
    968

    ... that's a shame. I like competition. :pimp:
     

Currently Active Users Viewing This Thread: 1 (0 members and 1 guest)

Share This Page