by Anton Shilov
04/01/2003 | 04:29 PM
A Taiwanese chipset designer VIA Technologies reported its sales results for March. Despite of expectations, the company experienced slight $4 million uptick in revenues for the described period thanks to higher demand on certain devices.
<%BANNER[article]%>For March 2003 VIA’s revenues were $54.025 million, an 8.2% increase over February, however, still approximately 11% less than in January this year. On an annual basis, this monthly sales revenue represents a 19.20% decrease from the revenue figure for the same period last year.
VIA not really successful results are mainly driven by the number of factors, including inability to fulfil the demand on certain products, strengthening competition from the rivals and overall market condition. We already discussed some reasons why VIA is not as successful as it used to be in our news-story covering VIA’s February results, so, refer to this article for more details on the matter.
Please note that VIA does not issue any official comments in regards its financial results, hence, everything we mention here are unofficial facts known from our sources in the industry.