Tag: Gigabyte

Entatech creditors will get two-thirds of what they are owed

Posted on July 6, 2017 by - News

creditcrunchcoinsmoneyvicewatersmay2014-580x358Unsecured creditors of distributor Entatech are set to receive around two-thirds of their money back.

According to documents published by Companies House, the administrators show that Entatech’s unsecured creditors are owed just over £9.7 million by the Telford-based outfit, and there is £6.3 million to pay them off.

Of the £9.7 million, £7 million is owed to unsecured trade creditors. This figure includes Microsoft which is owed just over £1.2 million.

The taxman is owed £2.5 million and Gigabyte is owed around £822,000 while Fujitsu is owed £668,000.

For those who came in late, Entatech went out of business in May after struggling with legacy financial problems originating under the previous ownership. Its assets were purchased by managing director Dave Stevinson who formed new brand GNR Technology Limited. GNR stands for ‘Greatest Net Return’.

GNR cut the number of vendors it carries from over 70 to around 25 to have a narrower and specialist focus. It has secured deals with Gigabyte, Adata, Hannspree, iStorage and Intel.

Gigabyte confirms record mobo sales

Posted on July 5, 2013 by - News, Products

gigabyte-haswell-motherboardAlthough the PC industry is going through a rough patch, some outfits are still doing quite well and one of them appears to be Gigabyte.

On Friday the company announced that it is on target to sell 20 million motherboards this year, its best result ever. Gigabyte apparently shipped 4.8 million motherboards in Q1 and by the end of the second quarter its shipments hit 9.9 million units.

“Obviously this is excellent news, proving not only that we’re doing a decent job of fighting our corner in a highly competitive market segment, but that the PC market as a whole is humming along nicely,” said Gigabyte.

Although it is nice to hear some optimism in an otherwise desperate market, we’re not sure the PC market “as a whole” is humming along nicely. However, Gigabyte’s motherboard business certainly is. Last year the outfit managed to gain quite a bit of ground and now it’s breathing down Asus’ neck. Asus and Gigabyte currently control about half of the worldwide motherboard market and, if it keeps growing, Gigabyte might overtake Asus pretty soon.

Smaller players like ASrock and MSI are far behind, with annual shipments under 10 million units, while ECS, Biostar, Foxconn and others are fighting over scraps.