Gigabyte & ASUS Call Off Joint Venture

HKEPC is reporting that Gigabyte and ASUS have called off the joint venture to produce motherboards and video cards the companies had announced late last year.

A spokesman of GIGABYTE said a resolution of the board of directors was passed on the Mar 22 to call off the plan of forming joint venture. It’s explained the confusion of clients and suppliers, together with the changes of both internal and external factors has lead to this hard decision. In the present environment, the necessity of forming joint venture is no longer as strong as expected, and thus suspension is the best solution for both shareholders, said GIGABYTE’s spokesman.

Comments