Feeds

VIA ups profit predictions – again

Chipset exports drive 22 per cent increase in expected earnings

  • alert
  • submit to reddit

VIA has said it will make even more money this year than it originally expected - or than it reckoned when it raised its pre-tax profit predictions earlier this year.

The PC market may be depressed, but VIA believes that demand for its core products - SoCs, integrated chipsets and DDR chipsets - will remain high.

The upshot is that VIA now expects to make NT$6.8 billion ($206.44 million) during the current fiscal year, a 22 per cent increase on the NT$5.58 billion ($169.40 million) it had previously predicted.

However, VIA is sticking to its revenue expectations - NT$30 billion ($910.75 million) for the full year - so while demand might well be high, it isn't increasing. VIA is simply seeing improved margins. That comes through a shift towards overseas sales - the company pointed to increased exports of its Intel Slot 1 and AMD Athlon-supporting Apollo Pro133A and Apollo KT133 chipsets. The latter now has a worldwide market share of more than 80 per cent, VIA claimed.

Next year, VIA will see its annual revenues rise 50 per cent, the company said, again driven by increased overseas demand for its Apollo chipsets. ®

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.