By: Jeffrey Wu and Frances Huang
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]