PC Chips takes over Soyo


— 10:45 AM on August 2, 2004

In what DigiTimes sees as part of a burgeoning trend, the PC Chips group has taken over Soyo Computer. Soyo had fallen on rough times, and PC Chips brought money to fund Soyo's captial expansion plans. Soyo shipped twice the volume of motherboards in the first half of 2004 as it did throughout 2003, but the company was losing money.

DigiTimes' sources said similar second-tier motherboard makers may face buyout in the second half of 2004 as the trend accelerates.

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