Posted on Monday, February 03 2020 @ 11:20 CET by Thomas De Maesschalck
DigiTimes
reports ASRock saw its 2019 revenue increase by 31.61 percent year-over-year to an all-time record of NT$13.415 billion (US$443.16 million). The site says ASRock's sales are expected to keep doing well thanks to strong sales of motherboards for AMD's Ryzen platform. Together with everything else going on for the company, ASRock is expected to post record sales in 2020.
The firm saw lackluster sales of motherboards and graphics cards in the first half of 2019 but started to register stable shipments of PC motherboards with higher average selling prices (ASP) as well as profitable shipments of IPC and server solutions in the third quarter, with the quarter's revenues surging over 35% sequentially to a record high of NT$3.87 billion and net earnings shooting up 110% on quarter to NT$208 million.
These factors, coupled with graphics cards sales also beginning to turn profitable in late 2019 and successful development of the US and European markets, are expected to drive the firm's revenues to a new high in 2020, the sources said.
