Walton Chaintech Not Leaving Motherboard Market

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Chaintech Computer Co., today announced that it has ?no plans to abandon the motherboard market.? The comments are in response to published news stories, which incorrectly reported that the company would phase out its motherboard business.

Chaintech announced that Walton Advanced Engineering, Inc. has acquired a 25-percent stake in Chaintech and the company will be renamed Walton Chaintech Cooperation. Founded in 1995, Walton Advanced Engineering Inc., is a memory semiconductor assembly and testing provider headquartered in the Kaohsiung Export Processing Zone (K.E.P.Z.) in Taiwan. Walton Chaintech plans to introduce a new line of Chaintech-branded memory modules in the fourth quarter of 2005. Chaintech assured its dealers, distributors and customers that the company has no intentions to eliminate its motherboard business and will continue to manufacture motherboards, graphics cards and set top boxes.

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