When it comes to the name Viliv, it is definitely not as popular as Apple or Microsoft, but that does not mean the Korean device manufacturer is unable to churn out decent looking hardware. Some of their portable devices have made quite a splash at tradeshows such as CES, including the Viliv N5 Windows-powered computer or the Viliv S5 tablet.

Unfortunately, in this increasingly tough dog-eat-dog world, strong competition might have caused Viliv to fold, at least according to multiple sources that UMPC Portal managed to gather. It seems that the Korean company is about to call it quits, never mind that they just introduced a trio of Android- and Windows-powered tablets earlier this year.

Both Android-powered tablets did not make the jump onto retail store shelves just yet, but the Viliv X70 Windows 7 tablet has already peeked out from underneath its cover, and will have a 7″ display at 1,024 x 600 resolution to keep you happy in addition to a 1.5GHz Intel Atom Oak Trail processor and a 32GB SSD. We don’t think it would be a good thing to buy this when you see it, especially when the company is about to shut its doors for good.

Filed in Gadgets >Rumors. Read more about .

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