VIA Ends Summer with a Whimper, Posts Lower Revenues

Paul Lilly

As the summer comes to a close, VIA hopes the coming months will be kinder to the company, particularly with the holiday shopping season just around the corner.

As for August, VIA posted revenues of $11.09 million, down 11.38 percent on month and almost a whopping 50 percent on year. Just as disappointing, VIA posted revenues of $97.53 million, a drop of a little more than 45 percent on year.

VIA blamed lower-than-expected growth in China's whitebox notebook and netbook markets for the lackluster revenues, but said it expects numbers to improve in September following orders placed by Lenovo and other suppliers set to join VIA's GMB alliance. The company also plans to launch its next-gen Nano 3000 series CPUs this fall.

Image Credit: VIA

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