For the second time this year, Galax says it's not closing down: Palit-owned graphics card brand 'continues to operate as usual'

Galax has come out in defence of its continued existence for the second time this year, following a report that incorrectly claimed the graphics card brand was closing down its factory. In a report by El Chapuzas Informatico, citing industry sources, Palit was claimed to be closing the Galax factory. This is said to be occurring at the same time as a major reorganisation of the Galax and KFA2 brands. Galax, a subsidiary brand of Palit, has expressly denied this claim. In, the company says its business operations are "continuing as normal".