ABIT Woes: Financial Irregularities Under Investigation

Sidney · 17th December 2004, 00:59

At the time of our writing it's about 04:30 in the morning in Taipei,
so the very fullest details are difficult to establish, but we've just
heard that the Taiwanese authorities have come out and confirmed that
the owner of ABIT, or perhaps ABIT itself, is under investigation for
financial irregularities.

http://www.hexus.net/#ABIT

Sidney · 17th December 2004, 03:36

This small island, Taiwan, has been controlling better than 99% of motherboard market in recent years. In fact, it has the control of 90% or more in ownership of major PC components stretching it's manufacturing powers into mainland China making use of low labor rate there.

No matter which brand of motherboard is sitting inside your case, the "Made in China" country of original sticker will be there.

It is vital that Taiwan holds true in upholding the law of commerce so that the industry remains strong. As we own the products or purchase products from them, we are partners. Cheating your partner is the same as cheating your investors.

This event will only make Abit stronger down the road, and set a warning to others.

17th December 2004, 00:59	#1
Sidney Member Join Date: Mar 2004 Posts: 15,738	ABIT Woes: Financial Irregularities Under Investigation At the time of our writing it's about 04:30 in the morning in Taipei, so the very fullest details are difficult to establish, but we've just heard that the Taiwanese authorities have come out and confirmed that the owner of ABIT, or perhaps ABIT itself, is under investigation for financial irregularities. http://www.hexus.net/#ABIT __________________ lazyman Opteron 165 (2) @2.85 1.42 vcore AMD Stock HSF + Chill Vent II

17th December 2004, 03:36	#2
Sidney Member Join Date: Mar 2004 Posts: 15,738	This small island, Taiwan, has been controlling better than 99% of motherboard market in recent years. In fact, it has the control of 90% or more in ownership of major PC components stretching it's manufacturing powers into mainland China making use of low labor rate there. No matter which brand of motherboard is sitting inside your case, the "Made in China" country of original sticker will be there. It is vital that Taiwan holds true in upholding the law of commerce so that the industry remains strong. As we own the products or purchase products from them, we are partners. Cheating your partner is the same as cheating your investors. This event will only make Abit stronger down the road, and set a warning to others. __________________ lazyman Opteron 165 (2) @2.85 1.42 vcore AMD Stock HSF + Chill Vent II

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
abit Introduces the IP35 Off Limits Series of Motherboards	jmke	WebNews	0	22nd May 2007 15:12
ABIT to Outsource Manufacturing to Third Parties	jmke	WebNews	0	22nd September 2005 21:57
ABIT Introduces the AL8: Engineered to be the best 945P platform	jmke	WebNews	0	26th May 2005 09:48
ABIT Faces Accounting Scandal, but Says No Partners Affected	jmke	WebNews	1	22nd December 2004 00:06
ABIT Fatal1ty Time Trials™ @ CPL Winter 2004 Championships	jmke	WebNews	1	10th December 2004 23:21
ABIT Makes Step Back Towards NVIDIA’s Chipsets	jmke	WebNews	0	25th October 2004 08:36
Abit Presents Fatal1ty 100™ Shoot Out At E304	jmke	WebNews	8	13th April 2004 18:54
ABIT Introduces BulletProof Technology	jmke	WebNews	0	3rd March 2004 13:05
Abit: Total Prescott Support	jmke	WebNews	0	29th February 2004 13:23
ABIT Announces Partnership with ATI Technologies	jmke	WebNews	0	13th January 2004 11:59