Once esteemed motherboard manufacturer ABIT is set to permanently close on December 31 when its backer, Universal Scientific Industrial, pulls funding.
The closure is the unceremonious end to a hideous backslide that began in 2005 with the dismissal of executives for questionable finance practices. The ensuing years spelled a lost of top engineers which left ABIT struggling to compete not only with newcomers, but their past selves. No longer the paragon of enthusiast potential with boards like the KX7-333R or the NF7-S 2.0, the company also lost significant mind and market share.
Based on the current financial climate and ABIT’s struggles, USI has elected to pull the plug on the company at the end of the year.
Oh, what might have been if their top execs had never engaged in fuzzy money.


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