Asustek expects weak Q2 PC shipments
Asustek Computer Inc (華碩) yesterday reported a 14 percent sequential decline in net profit to NT$10.43 billion (US$351.1 million) last quarter and forecast that Chinese lockdowns and geopolitical risks in Europe would reduce its PC shipments by 10 percent this quarter. Shipments of PC-related components, including motherboards and graphics cards, are expected to dip by between 10 and 15 percent sequentially this quarter, the company said. PCs accounted for 66 percent of Asustek’s total revenue last quarter, while components contributed 33 percent, company data showed. The company, headqu...