Gigabyte is certainly one of the best-known brands in terms of motherboard and graphics card products. It seems, however, that recent months have hit the company harder than many would have thought.
In a report via PCGamesN, company sales (particularly their motherboards) have been well below expectations. So poor in fact that the company may be considering laying off around 10% of their workforce in an effort to balance the books.
Figures released by Gigabyte show that sales for the 2017-2018 period were just over a million lower than they had been for the previous year. This isn’t a factor, incidentally, that’s just affecting this company. It is believed that as a whole the motherboard industry is in something of a decline.
The downturn is believed to have been mostly due to the rather explosive figures seen during the Bitcoin mining boom which affected both motherboards and graphics cards. As such, perhaps it has been a little short-sighted of a company with the stature not to have predicted or at least accounted for the downturn.
This isn’t, of course, confirmed yet. I daresay, however, that staff at Gigabyte might be feeling more than a little nervous over the coming months.
What do you think? – Let us know in the comment!
According to a new report, the GeForce RTX 5090 GPU will be very expensive. It…
A new AMD processor in the form of an engineering model has been leaked in…
SK Hynix has claimed to be the first company to mass-produce 321-layer NAND memory chips.…
SOUNDS GREAT – Full stereo sound (12W peak power) gives your setup a booming audio…
Special Edition Yoshi design Ergonomic controller shape with Nintendo Switch button layout Detachable 10ft (3m)…
Fluid Motion: These flight rudder pedals are smooth and accurate that enable precise control over…