The PC market is no longer on an upward trend,” Asustek chairman Jonney Shih (施崇棠) told shareholders at the company’s annual general meeting in Taipei. Citing heavy market uncertainty fostered by the pandemic, Shih said that Asustek’s revenue might be affected in the second half of this year. Asustek Computer Inc chairman Jonney Shih answers a shareholder’s question at the company’s annual general meeting in Taipei yesterday. The company yesterday reported that sales last month increased 29.03 percent year-on-year to NT$30.17 billion (US$1.01 billion). Analysts forecast that the company’s second-quarter revenue would increase from the previous quarter due to rush orders driven by work-from-home demand.

Source: Taipei Times June 09, 2020 15:56 UTC