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  September 5, 2001
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Home > Company Index > Telecommunications > Internet & Online Service Providers > GigaMedia Limited

GigaMedia Limited
Nasdaq: GIGM
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 PROFILE
Limited only by Taiwan's cable TV infrastructure, GigaMedia Limited provides high-speed broadband Internet access over cable TV wires and has more than 60,300 subscribers in Taiwan. The ISP's agreements with 29 cable system operators allow it to reach about 3.8 million households and 575,000 businesses. GigaMedia also operates a Chinese language Internet portal, which offers games, news, and financial information to Taiwanese users. Shareholders of the company include Microsoft (10%) and the powerful Koos Group (75%), Taiwan's largest cable TV operator. GigaMedia has agreed to acquire Taiwan's second largest broadband provider, ETWebs; the deal would bring GigaMedia's subscriber base to more than 160,000.

 COMPETITION
Sohu.com Inc. (SOHU)
chinadotcom corporation (CHINA)

 DEALS
Deal: GigaMedia Teams with Synnex
Date Announced: 12.07.00
Value of transaction (US $Mil): 0
Description: GigaMedia's broadband Internet service to be exclusive Internet service for Synnex's PC retail customers.

 TRACKERS
Mar. 30, 2001 - LAYOFF TRACKER
125 laid off
Description: Realigning resources and shifting in emphasis from content to broadband access. Layoffs represent 25% of its staff.

More LAYOFF NEWS

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 10.30
Employees: 175
Revenue per employee: $58,857.14

 KEY PEOPLE
• Chester Koo
    CEO
• Winston Hsia
    CFO

 CONTACT INFO
57 Tung Hsing Rd., 8th Fl.
Taipei, Taiwan
Phone: 886-2-8768-1566
Fax: 886-2-8768-1760
Online: Web Site

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