Breaking News

LG Electronics Introduces World’s First Native 1000Hz Full HD Gaming Monitor Transcend to Showcase Next-Gen Storage Solutions at COMPUTEX 2026 Giga Computing Enhances Cloud Storage Solutions with AMD EPYC 8005 Server CPU SAMA S50 Rethinks Compact ATX Cases addlink’s 2026 Virtual Showcase

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Asustek Profit Falls, Plans Expansion To VR, AR And IoT Products

Asustek Profit Falls, Plans Expansion To VR, AR And IoT Products

Enterprise & IT May 11,2016 0

Asustek Computer Inc. has posted its smallest quarterly net profit for the past year mainly due to slow tablet sales. Net profit dropped 8 percent to NT$4.16 billion (US$127.89 million) during the quarter ending March 31, compared with NT$4.54 billion in the previous quarter.

However, on an annual basis, net income climbed 13 percent from NT$3.68 billion.

As the slump in demand for tablets is expected to continue, Asustek forecast that its second-quarter revenue would contract by between 9 and 14 percent to between NT$95 billion and NT$100 billion, compared with last quarter’s NT$110.5 billion.

The PC business, which accounted for 66 percent of the company’s revenue last quarter, is expected to be flat, or grow about 5 percent year-on-year in the current quarter, Asustek said.

Asustek said it has tapped into new product areas such as virtual reality (VR) headsets, augmented reality (AR), robotics, as well as Internet of things (IoT) for smart homes, cars and wearables.

The first VR headsets for mobile phones are due to hit the market next quarter, while VR headsets for PCs and AR headsets for mobile phones are to arrive at next year’s Consumer Electronics Show (CES) in Las Vegas, based on the firm’s timetable.

For the Computex Taipei trade show, which is to run from May 31 to June 4, Asustek plans to showcase its first service robotics, as well as new mobile phones, tablets and PCs before they hit store shelves in July.

Tags: ASUS
Previous Post
Samsung Gear VR Ecosystem Expands to Include Facebook 360 Photos, New Apps, and New Video Content
Next Post
Let's Talk About NVMe

Related Posts

  • ASUS Announces ProArt GeForce RTX 5090 Graphics Card

  • ASUS Announces ProArt Display OLED PA27USD and PA32USD

  • ASUS Announces TUF Gaming Platinum Power Supply Series

  • ASUS Announces ProArt PA40SU USB4 SSD Enclosure

  • ASUS Showcases Comprehensive AI-Powered Creator Workflows at NAB Show 2026

  • ASUS Announces ProArt Router PRT-BE5000 and ProArt Switch PQG-U1080

  • ASUS Announces Intel Core Ultra 200S Plus Series Support on W880, Z890, Q870, B860 and H810 Motherboards

  • ASUS Unveils Complete Portfolio Support for Intel Core 200S Series

Latest News

LG Electronics Introduces World’s First Native 1000Hz Full HD Gaming Monitor
Consumer Electronics

LG Electronics Introduces World’s First Native 1000Hz Full HD Gaming Monitor

Transcend to Showcase Next-Gen Storage Solutions at COMPUTEX 2026
PC components

Transcend to Showcase Next-Gen Storage Solutions at COMPUTEX 2026

Giga Computing Enhances Cloud Storage Solutions with AMD EPYC 8005 Server CPU
Enterprise & IT

Giga Computing Enhances Cloud Storage Solutions with AMD EPYC 8005 Server CPU

SAMA S50 Rethinks Compact ATX Cases
Cooling Systems

SAMA S50 Rethinks Compact ATX Cases

addlink’s 2026 Virtual Showcase
PC components

addlink’s 2026 Virtual Showcase

Popular Reviews

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Soft2bet and the unseen hardware that makes instant play possible

Soft2bet and the unseen hardware that makes instant play possible

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

Crucial T710 2TB NVME SSD

Crucial T710 2TB NVME SSD

JSAUX 65Wh Rog Ally Battery

JSAUX 65Wh Rog Ally Battery

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed