Gigabyte spins off server business for growth, introducing Giga Computing Technology

Gigabyte has decided to split itself into two entities. It is a new subsidiary, fully owned by Gigabyte with the aim of aiding enterprise growth, specifically server solutions.

Gigabyte announced this via a press release, which says that with two separate entities, the transaction allows both companies to:

• Allocate capital and resources with greater efficiency and agility, focusing on core competencies, emerging markets, and high-growth opportunities;
• Distinct identities for consumer and enterprise products under the GIGABYTE brand;
• Improve leadership positions in the enterprise market and strengthen corporate culture;
• Stress greater importance on portfolios, productivity, and business operations to accelerate revenue growth; and
• Explore new manufacturing opportunities across the globe to produce goods in new and emerging markets

Continuity is important and they seek to reassure consumers about this, the CEO states:
 
"Although we go by a different name, we will continue operations as we always have, and our customers will continue the same relationships and have high expectations from our well-established server business unit that offers a diverse product portfolio," Hou said.
 
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