Revenues Up for Asustek In January

February 15, 2008
<p>Revenues Up for Asustek In January</p>

January was a good month for Asustek, with the company experiencing a hike in consolidated revenues by 10% from last month, and 44% from January last year. At this point in January 2007, Asustek had brought in NT$15.4bn, however this year they have raised that significantly to NT$22.1bn (US$696.86 million).

At the close of the month, Asustek still had ODM contracts that had not been completed, which means that the company’s non-consolidated revenues amount to NT$30.2bn.

According to sources, Asustek is planning to alter their shipment policy to quarterly instead of monthly in an effort to ensure no pressure may be put on the new brand activity, due to start later this month. This is in spite of the company experiencing a 10% hike in motherboard and notebook shipments last month.

Asustek’s associated ODM’s (Pegatron, Unihan and Asusalpha) also saw an increase in revenues last month earning NT$21.01bn, NT$10.29bn and NT$4.89bn, respectively, giving a total in ODM sales of NT$36.18bn.

Between all three companies, 2.67 million motherboards and desktop PCs, 480,000 graphics cards, and 700,000-750,000 notebooks (excluding Eee PCs) were shipped last month.


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