Universal ABIT Co., Ltd (formerly ABIT Computer Corporation) was a computer components manufacturer, based in Taiwan, active since the 1980s. Its core product line were motherboards aimed at the overclocker market. Abit experienced serious financial problems in 2005. The brand name "ABIT" and other intangible properties, including patents and trademarks, were acquired by Universal Scientific Industrial Co., Ltd. (USI) in May 2006.
The parent firm closed the brand as of 31 March 2009.
ABIT was founded in 1989. In 1991, they had become the fastest growing motherboard manufacturer, claiming US$10 million in sales. In 2000, ABIT underwent an initial public offering (IPO) on the TAIEX stock exchange. To keep pace with their "good" sales figures, they opened a factory in Suzhou, China, and moved to new headquarters in Neihu, Taipei. The number of motherboards sold was claimed to have doubled between 2000 and 2001.
Abit chose to outsource two low-end boards for trial production from June 2002 to Elitegroup Computer Systems. Confirmation of the outsourcing move was made public in July 2002, accounting for 10% of Abit's motherboard shipments for the first model, and by August 2002, this would increase to 15-20% for the second model, for the company's niche products, such as servers and routers, Abit's factory in Taoyuan, Taiwan factory will then serve as their base.
ABIT Announces Merger with USI - Long-term strategic partnership marks new chapter for ABIT
ABIT Merger Press Release
January 25, 2006
Abit outsources low-end mobo products to Elitegroup
19 July 2002
Abit: Likely to consider outsourcing all mobo production to ECS
Emma Wang, Taipei; Christy Lee, DIGITIMES
30 July 2002
Abit's Death Date Reportedly Set: 31st of December, 2008 - X-bit labs
17 December 2008