Friday, October 31, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Pirate Bay Co-founder Sentenced To 42 Months Imprisonment
SEL Showcases 1058ppi And Foldable OLED Displays
New Outlook for Mac Available Now, Office for Mac Coming In 2015
Updated BBM Offers More Privacy, Control and More
Panasonic Raises Profit Outlook
Toshiba Offers New 4TB and 5TB Desktop HDDs
Samsung Introduces New Ultra Slim Galaxy A5 and Galaxy A3 Smartphones For The Chinese Market
Sharp 2Q Profit Slides
Active Discussions
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
 Home > News > PC Parts > Soyo to...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, November 15, 2004
Soyo to quit motherboard business, shifts focus to components and materials


Second-tier motherboard maker Soyo Computer plans to phase out production of its motherboards and instead focus on development and distribution of computer-related upstream components and plastic materials.

Soyo will also change its corporate name to Hao Teng Technology (translated directly from its Chinese name), Liu noted.

The shift of business came following last week?s reshuffle of the company?s board of directors and board of supervisors.

The company held a provisional shareholders meeting last week to elect new directors and supervisors, after it recently completed the issuance of 39 million new shares through a private placement. The shares, which have a book value of NT$10, were sold to an investment firm at a discount of 70.1% (NT$2.99).

Liu also stated that Soyo is now in talks with at least three China-based companies to establish partnerships that would explore business opportunities in China.

The company currently has registered capital of NT$1.367 billion and plans to cut its capital by 28% in the first quarter of 2005, Liu noted.

From DigiTimes



Previous
Next
Kingston First to Develop Dynamic Burn-in Testers for Server Memory        All News        Novell sues Microsoft over WordPerfect
Kingston First to Develop Dynamic Burn-in Testers for Server Memory     PC Parts News      ASUS A8N-SLI Deluxe adopted innovations for convenient Dual-VGA graphics

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
MSI Introduced P6N Series Motherboards
ASUS Launches World's First 64-bit and 32-bit Vista Premium Certified Motherboard
VIA Launches HDTV ready Unified Chipset for Embedded Market
SOYO Introduces LCD TVs
Mobo shipments to drop in 2Q
Mobo makers facing a tight supply of Intel chipsets and PCBs
Intel Bundles InterVideo into Motherboards
Disconfirmed: Soyo Taiwan exits the motherboard business
Soyo shows 20GB USB drive
The Most Multi-featured Mini ITX Board
PC Chips takes over Soyo

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .