GigaMedia News

GigaMedia Limited reported its results for the first quarter. GigaMedia is a provider of gaming software and services to the online gaming industry, and an operator of online games in Greater China, including the PRC, Taiwan, Hong Kong and Macau.

Asian online game developer and operator GigaMedia has posted its financial results for the full 2011 fiscal year, with notable losses down to "a dysfunctional business model." Based in Taipei, Taiwan, GigaMedia has licensed numerous big-name titles for operation in Asia in the past, while also owning the FunTown casual gaming portal.

"Together we are making good progress implementing a turnaround plan based on an explicit decision-making framework with clear objectives: 1) effectively managing cash; 2) maintaining the company's listing on NASDAQ, and 3) executing a new vision for growth." "We are now increasing focus on key business sectors and beginning to adjust our business ... (more)

Please email your questions in advance to IR@gigamedia.com.tw . The company will read the questions aloud on the call and respond to as many questions as possible.