Asrock projects big revenues in 2020 thanks to amd
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ASRock has seen a 31.6% annual increase in revenue, reaching a record of NT $ 13.415 billion (US $ 443.16 million), and that momentum is expected to grow this year, especially thanks to AMD motherboards that account for a higher percentage of shipments, according to DigiTimes sources.
ASRock Expect Big Cash Revenue From AMD Products in 2020
ASRock saw motherboard and graphics card sales stagnate in the first half of 2019. The third quarter followed with higher average sales prices and more profitable products targeting servers.
This reportedly resulted in a 35% sequential increase in revenue, which reached a record NT $ 3.87 billion ($ 127 million) in the fourth quarter of 2019. The company's net profit doubled with You grow in the quarter (110% increase) until reaching 208 million NT dollars (6.8 million dollars).
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With a greater focus on AMD-based products, the company's revenue is expected to reach new heights in 2020, according to DigiTimes . The publication also attributed this anticipated boost to ASRock's graphics card sales to become profitable towards the end of 2020 as its US and European markets will grow.
AMD will launch this year new Ryzen processors and new 600 series motherboards that try to get the most out of these chips. In addition, there will be new Radeon graphics cards on the high-end market, boosting sales from graphics card manufacturing partners such as ASRock.
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