Abit cuts debt but remains mired in uncertainty

DigiTimes has news on Abit’s plans to sell its office in Taipei for NT$1.7 billion. The cash will be used to retire part of the company’s loans and reduce overall debt, but there seem to be serious questions regarding Abit’s long-term health.

There have been some extreme losses here, so it’s going to be hard for them to pull out of this one. Check out the posting at Tech Report.