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ASUSTeK Computer Incorporated

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Asustek 1Q Net Profit Rises 21% on Growing Tablet Sales

Taiwanese personal computer maker Asustek Computer Inc. (2357.TW) said Monday that first-quarter net profit rose 21% from a year earlier, beating analyst estimates, as growing tablet sales helped it record the seventh consecutive quarter of double-digit earnings growth.The world's fifth-largest PC maker by shipments has made an aggressive push into new mobile products like tablets and touchscreen hybrid laptops, amid declining demand for traditional PCs.Worldwide PC shipments fell 13.9% in the first quarter, according to IDC, the steepest decline since the market research firm began tracking the data in 1994.Asustek has seen its sales rise over the past half year with the help of a partnership with Google Inc. on the popular Nexus 7 tablet, as well as competitively priced Windows 8 touchscreen laptops and tablets. But with an increasing number of low-priced competitors in the tablet sector, Asustek will feel pressure on its margins this year, Daiwa Securities analyst Steven Tseng said....

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  1. Asustek in Talks with Microsoft to Offer Windows 8 Phones - Executive

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  10. Taiwan PC Makers 1Q Results Mixed; Asustek Most Profitable

    Taiwanese personal computer makers had mixed fortunes in the first quarter of 2012, with Asustek Computer Inc. (2357.TW) Monday reporting a better-than-expected 46% ...

  11. The Greatest Tech Show on Earth?

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  1. Asustek Seeking to Sell US$155 Million Shares of Pegatron -Term Sheet

    Asustek Computer Inc. (2357.TW) is seeking to raise up to US$155 million selling shares of electronics maker Pegatron Corp. (4938.TW), according to a term sheet seen...

  2. Asustek Computer's 1Q Notebook Shipments up 15% on Year

    Asustek Computer Inc. (2357.TW) said Wednesday that its first-quarter notebook shipments and revenue rose by around 15% from a year earlier, as the company expanded ...

  3. HTC Delays Rollout of Flagship Smartphone

    The rollout of HTC Corp.'s (2498.TW) new flagship smartphone is being pushed back due in part to some component shortages, executives said, in a setback for the Taiw...

  4. Samsung's New Smartphone Signals Start of Shift to Faster Wi-Fi

    Buried behind the massive screen and eye-grabbing software on Samsung Electronics Co.'s (SSNHY, 005930.SE) latest smartphone lies a more mundane improvement that sma...

  5. Asustek to Launch Smartphone,Double Tablet Shipments

    Taiwan's Asustek Computer Inc. (2357.TW) plans to launch a smartphone in the second half and double its shipments of tablet computers this year, in a bid to expand f...

  6. Asustek 4Q Net Profit Rises 21% to NT$5.89 Billion

    Taiwanese personal computer maker Asustek Computer Inc. (2357.TW) said Tuesday its fourth-quarter net profit rose 21% from a year earlier, buoyed by sales of tablets...

  7. Asustek, Microsoft in Talks on Windows 8 Phones

    Taiwanese PC maker Asustek Computer Inc. (2357.TW) is in talks with Microsoft Corp. (MSFT) on a licensing deal to offer Windows 8 mobile phones, an executive said, m...

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