Asustek reports record Q4 revenue of US$3.47 billion


CNA

TAIPEI — Taiwan’s Asustek Computer Inc. reported consolidated revenue of NT$102.65 billion (US$3.47 billion) in the fourth quarter of 2011 Friday, its highest single-quarter return since it spun off from manufacturing arm Pegatron Corp. in 2008.

Its net income in the October-December period was NT$4.88 billion, representing earnings per share (EPS) of NT$6.48.

For the whole of 2011, Asustek posted consolidated revenue of NT$350.26 billion, up 9 percent from 2010. Net income was NT$16.58 billion and EPS was NT$22.02.

For the first quarter of this year, the company expects its revenue to decline slightly from last year’s fourth quarter, and for the figure to return to growth in the second quarter.

Asustek has predicted that its motherboard shipments will reach between 23 million and 24 million units in 2012, almost the same level as the 23.2 million units it shipped in 2011.

Its notebook shipments are projected to hit 18 million units this year, while Eee PCs will amount to 4 million units and Eee Pads will total 3 million units.