At last, Taiwanese munufacturer Chaintech officially announced that it will not leave the motherboard market, as it was reported Wednesday The rumor of Chaintech abandoning their motherboards came about when Chaintech announced a change of name for the company to Walton Chaintech Cooperation, after Walton Advanced Engineering acquired a large portion of the company.

In a press release, the company claims that it will continue its motherboard business, and denies it will fade away motherboard market to clarify the rumors wide spread recently.

Most people recognize Chaintech brand as its contribution of motherboards and VGA cards.

Chaintech shall not only phase-in new module business but also remain the motherboard and VGA card business unchanged.

Except the current business on motherboards, VGA cards and Set-Top box; Walton Chaintech intends to launch own-brand memory modules in the fourth quarter of this year, to expand its sales revenue and profits.