ASUS posted 42 percent growth in September

Posted on Thursday, October 16 2008 @ 7:00 CEST by Thomas De Maesschalck
DigiTimes reports Asustek's revenue grew 42 percent year-over-year in September 2008 thanks to the success of the Eee PC:
Asustek Computer announced consolidated revenues of NT$30.3 billion (US$936.2 million) in September, representing growth of 17% on month and 42% on year, and being a new historical monthly high for the company. Due to demand in both Europe and China markets starting to rise, the company indicated that it expects its notebook and Eee PC shipment in the fourth quarter will continue to break new records as well.

However, with the success of the company's Eee PC, which is priced lower than NT$30,000, the company's average selling price (ASP) in 2008 for its notebooks has dropped around 10%. The company also expects its annual motherboard shipments will be around 23 million units, a million less than it previously stated shipment expectation.
Check it out over here, the article also contains info about the financial results of other Taiwanese motherboard makers.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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