3dfx Interactive® Inc. (NASDAQ: TDFX) today announced that it has temporarily delayed the release of its Voodoo5™ 5500 AGP. The company is taking this action to ensure that it meets its own high standards for product quality.If this is only a one to two week delay, it's not the end of the world. If, however, shipping, production boards have irreparably bad hardware, this could get ugly. For now, we'll take 'em at their word.
The company discovered that the Voodoo5 may be experiencing field failure rates at very low levels in certain configurations. The company is conducting further tests to determine whether a problem actually exists. 3dfx anticipates this action will delay product availability between seven and 14 days.
"We believe that this affects only a small number of configurations, but we feel that this is the safest thing to do," said Randy Schussler, vice president of operations at 3dfx Interactive. "We're taking this action to ensure that our customers receive a high quality product that exceeds their expectations."
Incidentally, 3dfx announced quarterly results yesterday. The company took in $108.6 million in revenue, but posted a net loss of $12.4 million.