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VIA Reported November Sales Results.

Alarming Sales Declines

[12/04/2003 07:02 PM]
by Anton Shilov

VIA Technologies this week announced its sales results for the just ended month. The company had to proclaim a yet another alarming decline in its revenues, but remained tight-lipped about the causes for such situation.

On a sequential basis, VIA’s November’s revenue represents a 16.02% decrease over October’s figure of $57.7 million. November’s $48.451 million in revenue is also 29% lower compared to November 2002 and about 38% less than in the same period of 2001. VIA’s combined sales for eleven months ended is $551.04 million versus $682.56 a year ago and represents a decline of 19.27%.

A spokesperson for VIA Technologies had not returned a call for comments and elaborations on the company’s lowering financial results and the reason for sales declines by press time.

Discussion

Comments currently: 1
Discussion started: 12/06/03 01:35:05 AM
Latest comment: 12/06/03 01:35:05 AM

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1. 
VIA is in big trouble now. Taiwan's government is suing VIA's directors for spying. They may receive maximal 4 years sentence.
Some people say the lawsuit may be a punishment to VIA from Taiwanese government for VIA’s large investment into mainland china. By the way the directors of VIA are husband and wife.
[Posted by: qscerq  | Date: 12/06/03 01:35:05 AM]
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