If I was going to invest in some company not NVIDIA or ATI it would be surely S3. Since 3DFX and POWERVR are no longer with us.
| Date: 08/23/04 01:58:42 AM]
XGI Gets More Funds from Mother Company
[08/20/2004 10:34 PM]Silicon Integrated Systems, a Taiwanese developer of core-logic products, has acquired additional share in XGI Technology, a company that develops graphics processors and was spun-off from SiS in 2003.
A report from DigiTimes claims that Silicon Integrated Systems had invested an additional $13.2 million in XGI Technology, boosting its stake in the graphics chip affiliate from 30% to 36.91%. The capital was used to purchase 37.5 million shares from XGI’s new share rights issue. The company issued a total of 67.5 million shares, increasing XGI’s registered capital from $45.8 million to $64.6 million.
XGI did not reveal the investors for the remaining 30 million shares, which were priced at a premium of NT$12 per unit, compared to a net worth of NT$6.5.
XGI Technology faced numerous challenges with its graphics business, as its dual-chip graphics cards did not meet expectations in terms of performance, while single-chip products only managed to act competitively in the entry-level market. Additionally, transition to PCI Express bus for XGI will stretch, as the company will only be able to offer its PEG x16 graphics chip in early 2005.
| Date: 08/23/04 01:58:42 AM]4:04 pm | Imagination Intros Processors for “Internet Everywhere” Consumer Electronics. Imagination Presents Connected Processors for CE Devices
3:33 pm | Sub-$99 Blu-Ray Players Black Friday Deals Available, But Not a Lot. Walmart to Sell BD Players for $78 on Black Friday
12:27 pm | Microsoft Sued for Banning Third-Party Xbox Memory Cards. Memory Cards Supplier Sues Microsoft
11:55 am | OCZ to Release External USB 3.0 Solid-State Drive. OCZ USB 3.0 SSD Incoming for Consumer Electronics Show
7:52 am | Nvidia’s CEO Expects Underpowered Mobile Devices to Gain Popularity. PC of the Future – Web-Based Device with 4G Connectivity, Says Chief Exec of Nvidia
