Asustek Q4 sales down over 10 percent year-on-year

Focus Taiwan
Date: 2019/01/09
By: Jeffrey Wu and Frances Huang

CNA file photo

Taipei, Jan. 9 (CNA) Asustek Computer Inc., one of the largest PC brands in Taiwan, said Wednesday that its consolidated sales for the fourth quarter of last year fell more than 10 percent from a year earlier, at a time when trade tensions between the United States and China affected global demand.

The company also cited a component shortage in the PC industry as a reason for the drop in sales in the October-December period.

In a statement, Asustek said it posted NT$99.4 billion (US$3.23 billion), down 13 percent from a year earlier and also down 3 percent from the previous quarter.

Meanwhile, Asustek said it generated NT$88.1 billion in brand sales in the fourth quarter, down 15 percent from a year earlier and also down 6 percent from a quarter earlier.    [FULL  STORY]

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