Items tagged with S3TC
Phone maker HTC is taking heat from investors over its decision to purchase S3 Graphics. Citigroup cut its rating on HTC citing corporate governance concerns. There's a definite connection between the two--S3 is partly owned by HTC Chairwoman Cher Wang, a fact that raises concerns over just how necessary the deal was. Normally, HTC might have been expected to simply license S3's technology, as opposed to buying the company outright. HTC has responded to the allegations, telling Bloomberg: "This is a transaction involving related parties, but it’s certainly not the case that we could never have these types of transactions. The valuation of the S3 Graphics deal was assessed independently...
Read more...
VIA announced today that it's signed an agreement to sell its share in S3 Graphics to the mobile phone manufacturer HTC. S3's GPU technology (dubbed Chrome) powers VIA's various chipsets and is paired with the company's Nano processor as part of its CPU platform. Given VIA's relative sliver of market share, this might not seem like an important transaction—but it is. It's been over a decade since S3 was a major player in the graphics display industry; the company's 2D 'Trio' series of video cards were quite popular in the pre-3D era. S3 attempted to enter the 3D market, but the company's ViRGE products performed so abysmally, they earned the nickname '3D Decelerators.' The company followed...
Read more...
