GIGABYTE and ASUS Announced their Joint Venture in Motherboard and Graphics Card Business
The capital of this joint venture will be NT$ 8,000,000,000 (eight billion NT dollars). GIGABYTE Technology intends to hold 51% of the shares and ASUSTek will hold 49%. This joint venture plans to commence operating in January 2007. There will be five directors and two supervisors in this joint venture, with GIGABYTE appointing three seats of directors and one supervisor, and ASUSTek appointing two directors and one supervisor.