ASUS, Pegatron, Gigabyte and MSI report big drops in February revenue

Posted on Thursday, March 10 2011 @ 16:44 CET by Thomas De Maesschalck
Taiwanese motherboard makers Asustek, Pegatron, Gigabyte and MSI have all reported a major drop in February revenue due to fewer working days in the month and Intel's faulty 6-series chipsets.

Compared to the year before, Asustek, Pegatron, MSI and Gigabyte saw their February 2011 revenue decline by 30.28 percent, 34.0 percent, 27.79 percent, and 34.68 percent, respectively.
Asustek announced revenues of NT$14.22 billion (US$484.25 million) for February, down 28.38% on month and 30.28% on year, with combined revenues from the first two months of 2011 reaching NT$34.08 billion, down 20.91% on year.

...

Pegatron saw its revenues drop 31.7% on month and 34% on year to reach NT$19.95 billion in February with combined revenues from January to February hit NT$49.17 billion, down 23.3% on year.

MSI reported revenues of NT$4.96 billion for February, down 28.25% on month and 27.79% on year with combined revenues of the first two months in 2011 reaching NT$11.86 billion, down 16.47% on year.

Gigabyte also saw its revenues in February drop 45.36% on month and 34.68% on year to NT$2.74 billion with combined revenues of the first two months in 2011 reaching NT$7.74 billion, down 20.09% on year.
Source: DigiTimes


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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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