The Formosa Plastics Group

Christian Zibreg, writing for 9to5 Mac, on the relationship between HTC and VIA Technologies, the current owner of S3 Graphics:

Both VIA and HTC share the same owner, Formosa Plastics Group, a Taiwanese conglomerate whose diverse interests include biotechnology, petrochemical processing and production of electronics components. The entity is owned by the Wang family. The wife of VIA Technologies’ CEO is Ms. Cher Wang, chairperson and co-founder of HTC. In July, VIA Technologies, the original owner of S3 Graphics, won a lawsuit against Apple over infringement of two of S3 Graphics’ patents in Mac products.

So an acquisition of S3 by HTC would really just be moving it from one part of the parent company to another.

★ Wednesday, 23 November 2011