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Asustek expected to suffer 20% on-quarter decline  - Asustek expected to suffer 20% on-quarter decline
Sat, Jan 21 2012 | 12:01PM | Filed under: Business / Industry| PermaLink Posted by: STAFF

"Asustek Computer is expected to see on-quarter revenues drop of 20% in the first quarter of 2012 with the amount drop to only NT$80 billion (US$2.67 billion) from about NT$100 billion in the fourth quarter of 2011 mainly due to drop in notebook performance, according to market watchers.

Affected by the Lunar New Year holidays, which reduces the overall working days in January, and the Europe market, the largest market base of Asustek, still remains in economy turmoil, Asustek is expected to see 10% sequential decline in notebook shipments in the first quarter with its tablet PCs and Eee PCs also unlikely to enjoy growth. "


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