Last year Gigabyte and ASUS started a joint venture called Gigabyte United where ASUS owned 49 percent and Gigabyte the remaining 51 percent. The last few weeks we’ve been hearing rumors that the venture is about to dissolve after financing problems and anti-competing violation accusations from other companies. It now seems that the rumors were in fact true as people high up at Gigabyte has confirmed that the two have separated. ASUS will withdraw, while Gigabyte will continue with Gigabyte United as it has already transfered large portions of its assortment to the new company.
“A spokesman of GIGABYTE said a resolution of the board of directors was passed on the Mar 22 to call off the plan of forming joint venture. It’s explained the confusion of clients and suppliers, together with the changes of both internal and external factors has lead to this hard decision. In the present environment, the necessity of forming joint venture is no longer as strong as expected, and thus suspension is the best solution for both shareholders, said GIGABYTE’s spokesman.”
Whether Gigabyte United will be renamed remains to be seen and there’s no telling of how ASUS and Gigabyte will work in the future.
