VIA Technologies posts net loss for 1H10

I came to this news item through Techpowerup's news stream and I was pretty excited to read about 'Quad-cores' and 'directx11 graphics card'. Turns out I should not have been excited ... too bad.

VIA Technologies has reported a net loss of NT$1.44 billion (US$45.011 million) or NT$1.89 per share for the first half of 2010, versus NT$786 million in losses a year ago. Revenues for the period were NT$2.55 billion and gross profit came to NT$1.04 billion on 40.67% gross margin. Operating loss was NT$135 million.

Since VIA is set to launch its dual-core Nano processor using Taiwan Semiconductor Manufacturing Company's (TSMC's) 40nm process by the end of 2010 and has already received orders from Singapore and China, the company expects the new products to help reduce its loses and turn to profits in 2011.

VIA's dual-core Nano processor will feature core frequencies of 2GHz, supporting VIA's 1333MHz V4 Bus and a built-in 2MB L2 cache with a maximum TDP of 20W, targeting mainly the notebook market. VIA is also set to launch a quad-core processor by the end of 2011 and will pair the CPU with a new VN11 chipset, which supports DirectX 11.