Qualcomm to invest in VIA?
Print storyVIA not talking
Posted in Business, 10th January 2001 13:44 GMT
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Qualcomm, the CDMA chip IP wonderstock, is poised to take a five per cent stake in VIA, the Taiwanese chipset designer, according to a report in The Commercial Times of Taiwan, cited by Reuters by way of Total Telecom (yes, yes we know this is a wee convoluted).
VIA declined to comment on whether the two companies are in talks.
But it has been more forthcoming with financial projections for next year. The company anticipates - barring any unforeseen circumstances - record revenues and profits in 2001, with "50 per cent growth (on this year's anticipated sales of NT$30 billion+) a conservative projection", the Taipei Times reports.
However, December and January will be lean months, with December sales down on November, and January sales hampered by fewer production days (thanks to the Chinese New Year), according to the Taipei Times. ®
Related links
Taipei Times: VIA's monthly revenue likely to fall
Total Telecom: Taiwan's VIA Tech keeps quiet on Qualcomm report
Qualcomm and Via enter unholy alliance
Via, Qualcomm threatened by Intel-TSMC deal
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