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Asustek Q1 revenues up 16% on strong tablet sales
2013-05-06 14:40:00| Telecompaper Headlines
(Telecompaper) Asustek reported first-quarter revenues up 16 percent from a year earlier to TWD 105.2 billion, driven by strong demand for its tablets. Operating profit increased 17 percent to TWD 5.6 billion, and net profit rose 21 percent to TWD 6.1 billion. Tablet and mobile device revenues were up 219 percent from a year earlier and increased to 19 percent of total revenues from 7 percent a year earlier. On a regional basis, sales growth was the strongest in the Americas, up 56 percent year-on-year. Asus shipped a total 3.0 million tablets in the quarter and targets 2.8 million units in Q2, plus or minus 200,000. Notebook and hybrid computer shipments were 4.7 million in Q1 and are expected to total around 4.8 million in Q2.
Tags: sales
strong
revenues
tablet
Category:Telecommunications