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ABIT Being Bought out by Foxconn? - PCstats.com ABIT Being Bought out by Foxconn?
Thu, January 13 2005 | 3:18PM | PermaLink Feedback?
In the recent weeks two motherboard companies have come under fire about alleged financial reporting irregularities, Acorp and ABIT. From the consumer standpoint this adds up to nothing, but if reports of Foxconn buying up shares of ABIT are true, this could impact enthusiasts access to some of the best overclocking boards on the market.... although, PCSTATS hasn't seen an ABIT motherboard in its labs in almost a year. Still, we stand by our past experiences with ABIT's gear.

According to DigiTimes.com; "A total of 100.8 million Abit shares, or a 12.07% stake of the company’s outstanding shares, were transacted on the TAIEX Wednesday, indicating that there were investors picking up ABIT shares, with market sources pinpointing Foxconn as the prospective buyer. Foxconn Electronics denied that it has invested in the financially troubled Abit Computer by scooping up its shares in Taiwan’s stock market."

FULL STORY @ Archived from DIGITIMES
http://www.digitimes.com/mobos/a20050113B3069.html
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