Abit to migrate half of its capacity to ECS by end of October
This is a pretty interesting and newsworthy event. First, its no secret that ABIT has been having financial difficulties for more than a year now. There were the ECS and Foxconn rumors swirling earlier this year.
Second, ECs has just completely made itself over, going from bottom of the barrel bundles at Fry’s to pretty nice products in a short period.
I think this whole situation bears watching. ECS might be becoming more of a “player” in the enthusiat market than any of us realized.
Abit Computer plans to migrate half of its motherboard capacity, mostly entry-level production, to Elitegroup Computer Systems (ECS) by the end of October, according to the company. Production of Abit?s high-end segment will continue to be manufactured at its Suzhou plant in China before agreements with new contract makers are reached, said the company.
Abit is in talks with several companies for a property transfer of its Suzhou plant. If transfer agreements are settled, the new owners of the plant will help Abit manufacture its high-end product line, the company noted.
Abit is looking to clear total loans of NT$4.2 billion (US$128.7 million) by the end of this year, before a new board of directors takes over the company.
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