Asustek revenue better than expected

BLEAK OUTLOOK:An Asustek spokesman said notebook shipments might fall by up to 10% this quarter, as it is usually the weakest quarter for notebook products

Taipei Times
Date: Apr 09, 2016
By: Lauly Li / Staff reporter

Asustek Computer Inc (華碩) yesterday reported better-than-expected revenue for the first quarter, attributing the results to a higher notebook computer market share in China and recovering demand in Eastern Europe.

“The growth momentum in notebook shipments was stronger than the company’s forecast,” Asustek spokesman Nick Wu (吳長榮) said.

Asustek shipped 4.9 million notebooks in the first quarter, up 2.03 percent from 4.8 million units a year earlier, while revenue in the first quarter grew 7.7 percent annually to NT$110.05 billion (NT$3.39 billion), Wu said.

The company earlier forecast sales growth for the first quarter to be flat from last year’s NT$102.18 billion.     [FULL  STORY]

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