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VIA to IPO on 5 March

Claims it will knock Intel off its perch

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A senior executive at core logic company VIA said today that the company will float on the Taiwanese stock exchange on 5 March. Sean Davidson, international marketing manager at the company, said: "Over the long term, we aim to be the world's largest core chipset supplier." Currently, said Davidson, VIA is number ten in the world but by the end of the year hopes to have climbed further up the chart and will have nearly 1000 employees. The company uses Taiwanese foundry TSMC to produce its chipsets. "The Taiwanese board manufacturers were fixed to Intel but now we can offer a competitive product and you're not paying for the Intel brand name," said Davidson. He said: "The sub-$1000 market, we believe, is the market. We'll support everything that's out there in the x86 market, whether it's Rise, IDT, AMD, Intel or Cyrix." ®

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