by Anna Filatova
02/09/2002 | 07:37 AM
STMicroelectronics has recently made a pretty short but quite shocking press-release. They officially announced that they would quit the PC graphics accelerators market and are not looking for potential customers who could be interested in purchasing this business from them. It is most likely to be very low revenues the company has been getting: last year they made only $15 million out of the overall sales of $6.36 billion. And that’s about it.
In other words, STMicroelectronics is simply going to get rid of its Kyro and Kyro II chips using licensed PowerVR technologies (Imagination technologies Group division). I really hope that it will be not NVIDIA who will buy this business, because if one more its competitor, though far not the strongest one, disappears from the market, there will hardly be any positive outcome for the customers.