14 DAY TRIAL // Europe seems to be going through a rather rough period and IT players don't seem to have benefited from as high a demand as they hoped during July, but even if they did not fare as well as they hoped, companies appear to have still scored decent revenues and increases on a monthly basis.
Though the economy is supposedly recovering, not all IT companies seem to be performing as well as they had hoped, and those in the motherboard business appear to be faced with weaker than expected results, at least according to a Digitimes report.
Pegatron Technology saw revenues of NT$32.28 billion for July 2010, down 26.7% on-year but up 2.4% on month, a less than favorable outcome enabled by reduced motherboard and notebook shipments.
Gigabyte shipped 1.75-1.85 million motherboards and 200,000-250,000 video cards and seems to have grown in July, by 40% over June, to NT$4.16 billion, and while this sum contributed to the 8.33% yearly growth for the entire seven months of 2010, it is still 12.95% less than what the company pulled off during July last year.
ASUS grew by 11.8% sequentially, to NT$23.07 billion (US$727 million) and its January-July combined revenues actually grew by 58.39% on-year.
On the other hand, Digitimes reports that the company probably won't achieve its shipment goal and that is actually has a high overstock of components, in addition to losses of about NT$200-300 million because of Euro fluctuations.
ECS was faced with weakening notebook and motherboard shipments and its revenues fell 3.85% on month and 22.69% on-year, to NT$3.83 billion in July, and this definitely did not help in preventing the entire January-July period from falling 13.67% compared to 2009.
Finally, Micro-Star International (MSI) saw its revenues fall 14.81% on-year and 4.46% on a monthly basis, to NT$6.54 billion, and the total revenues accumulated so far, since January that is, dropped 13.11% on-year, to NT$49.67 billion.