ATI has released its quarterly earnings and added a couple more pieces to the ATI-Nintendo relationship puzzle.
ATI reported a 20% increase in quarterly revenues today, according to a story in the Toronto Star. ATI, as smart PGC readers should know, is the maker of the "Flipper" graphics chip for the GameCube. This relationship with Nintendo is credited as part of ATI's growing success. Two-thirds of its latest sales came from the Asia-Pacific region, where Nintendo's global headquarters are located. As the relationship strengthens, ATI is forcasting revenue of $300 million for the third quarter, as well as a strong fourth quarter.
Even more interesting for Nintendo fans, the story quotes ATI's chief financial officer, Terry Nickerson, as saying that ATI's growing connection with Nintendo on computer games is still "in a definition phase", but quarterly revenues should get a boost later this year. How this ties into the ATI-Nintendo agreement announced in March remains to be seen.