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Asustek reports 18% monthly drop in December sales

Asustek reports 18% monthly drop in December sales

Taipei, Jan. 9 (CNA) Asustek Computer Inc. reported a double-digit decrease in December revenue Monday as the consumer electronics market faces a traditionally slow season. The Taiwanese PC maker posted standalone revenue of NT$24.5 billion (US$810.9 million) in December 2011, a drop of 18 percent from the NT$29.9 billion recorded in November. The figure increased 12 percent year-on-year from NT$22 billion in the same month of 2010, while for the October-December period, its total revenue reached NT$85.7 billion, down 11 percent from NT$96.3 billion in the third quarter. Asustek Chief Financial Executive David Chang told CNA that the double-digit decline was because the market had entered a slow season for demand, which is expected to last through the first quarter of 2012. (By Jeffrey Wu)


Updated : 2021-05-07 07:09 GMT+08:00