SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?


To: Ram Seetharaman who wrote (52000)10/5/2000 9:45:22 AM
From: milo_morai  Respond to of 53903
 
<font color=green>Via sales quadruple on higher chipset market share
By Bloomberg News
October 5, 2000, 5:50 a.m. PT
TAIPEI, Taiwan--Via Technologies, the world's No. 2 computer chipset company after Intel, said third-quarter sales quadrupled from the year-earlier period.

Revenue for the third quarter was $323.2 million (T$10.1 billion), compared with $83.2 million in the same period last year, the company said. Fourth-quarter sales should also see a similar increase from the year-ago period, according to analysts.


• Get the "Big Picture"
• Related News
• Message Boards


"We expect Via's sales to reach T$10.8 billion ($345.6 million) in the fourth quarter," said Steve Connor, an analyst with Donaldson Lufkin & Jenrette. "We expect another month or two of record revenue."

Sales for Via run counter to other bellwethers in the personal computer business such as Dell Computer and Intel, both of which reported that third-quarter sales failed to meet expectations.

Via has gained market share against Intel this year, as the world's No. 1 chipmaker scaled back chipset production to boost output of processors. Processors function as the brains of the computer, while chipsets manage the flow of information between a processor and other parts of a computer such as the display and memory.

"Intel is allocating fewer silicon wafers to the production of chipsets," said Connor. Silicon wafers are the material from which chips are made.

Via rose 3 cents to $9.76 at the close of trading on the Taiwan stock market. The stock has risen 33 percent this year and is the best performer on the Bloomberg Asia-Pacific Semiconductors index during the period.

More rivals
Via also competes against Intel, Advanced Micro Devices and Transmeta in the computer processor business. Via introduced its first Samuel processors this year, which account for less than 5 percent of the company's sales.

Intel last week canceled a plan to make a chip code-named Timna, which would have been the main rival to Via's Matthew processor. Matthew was slated for production in the first quarter next year. Matthew and Timna, designed for personal computers retailing for less than $600, are system chips that combine processing, memory and graphics functions on a single piece of silicon.

"Intel's pulling out of Timna will leave the low end of the processor business open to Via," Connor added.

Copyright 2000, Bloomberg L.P. All Rights Reserved.

Looks like Via backs up MU on PC sales.

Milo


yahoo.cnet.com