The company said revenue this quarter would reach between US$95 million and US$105 million, with an estimated gross margin of between 41.5 percent and 44.5 percent. The epidemic is likely to be resolved soon, allowing business to return to normal by the third quarter, he added. Parade is shipping a small amount of the PCIe 4.0 devices at the moment, Zhao said, indicating that the product is still being tested by its client Intel Corp, which last month reportedly delayed PCIe 4.0 support for its upcoming Comet Lake series of desktop processors. The company is also focusing on sales of more traditional high-speed interface products, such as USB-C 3.1 and 3.2, to increase segment revenue, Zhao said. Last quarter, the company posted a slight year-on-year decline of 7.66 percent in net profit to US$20.72 million.

Source: Taipei Times February 13, 2020 15:56 UTC