VIA Technologies posted revenues of NT$990 million (US$34.1 million), gross margin of 27.82%, net operating loss of NT$189 million, net loss of NT$1.513 billion including a loss of NT$1.231 billion from non-operating investments, and net loss per share of NT$1.53 for the third quarter of 2011.

For the fourth quarter, the company estimated its October revenues to have reached NT$266 million, down 40% on year with amounts in November and December to stay at the same level as in October.

Although VIA has sold its shareholdings in S3 to High Tech Computer (HTC) for an income of US$37 million, since the figure will not be counted into VIA's revenues until early 2012, VIA's goal for turning a profit in 2011 is likely to fail.

The company's subsidiary Wondermedia, which has been focusing on developing ARM-based processors for China's white-box market, already started profiting in the first quarter of 2011 with net profits reaching NT$28.99 million in the third quarter.

VIA Labs, which focuses on USB 3.0 technology, has not achieved any significant performance due to the market's fierce competition, while VIA Telecom, which mainly develops handset chips achieved net profits of NT$167 million with combined net profits for the first three quarters of 2011 of NT$294 million.

By: DocMemory
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