Asus gloomy on revenue

Taipei Times
Date: Jun 14, 2016
By: Lauly Li / Staff reporter

Asustek Computer Inc (華碩) yesterday cut its revenue forecast for this quarter by 5 percent due to weaker-than-expected notebook sales and lower average selling prices of its smartphones because of product-cycle dissipation.

The PC vendor expects to post from NT$90 billion to NT$95 billion (US$2.77 billion to US$29.29 billion) in revenue this quarter, a fall from its previous estimate of NT$95 billion to NT$100 billion, according to a company statement submitted to the Taiwan Stock Exchange yesterday.

Operating margin this quarter would be from 4 percent to 4.5 percent, a similar range to the previous quarter’s 4.3 percent, Asustek said.

“The reason we trimmed the quarterly revenue outlook is mainly due to softer-than-expected notebook demand in China and southeast Asian countries,” Asustek spokesman Nick Wu (吳長榮) said by telephone.

The remarks came with Asustek’s release of its monthly brand consolidated revenue results, which it said dropped 6 percent year-on-year to NT$28.7 billion last month.     [FULL  STORY]

Leave a Reply

Your email address will not be published. Required fields are marked *

I accept the Privacy Policy

This site uses Akismet to reduce spam. Learn how your comment data is processed.