this post was submitted on 21 Jan 2024
324 points (97.1% liked)
Technology
59287 readers
4262 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Really?
Yup. It was something like 90% of their revenue, but 25% of their profit.
And now they have 0 revenue and 0 profit.
Well according to the previous math, they retained 10% of their revenue and 75% of their profits. I know, math is hard.
They aren't gonna get far just making keyboards and power supplies though. They wound down their motherboard too, I believe. They let kingpin go.
Companies get by making keyboards and power supplies all the time.
They are in the process of closing down this year.
Yeah sadly they weren't gonna be able to stay the same with their remaining products being expensive niche case motherboards and good power supplies. Hopefully the employees got good gigs elsewhere at least.
They still exist. However their website also says they're "America's #1 NVIDIA partner," so...
They do seem to be winding down operations as a whole, though. It's a deliberate choice on the owner's part.