AsusTek rides second screen boom, long term monitoring needed

Coronavirus 479 Earnings 586 Info Tech - Tech Hardware 685 U.S. 4937

AsusTek reported Q4’20 revenues which climbed 27.4% year over year due to increased demand for the firm’s laptop computers and monitors for school-, work- and play-at-home uses during the pandemic. AsusTek expects growth to continue with guidance for 70% year over year growth in PC shipments in Q1’21 and a 50% increase for components. U.S. seaborne imports linked to the firm climbed 172.2% year over year in January and February combined and by 63.2% compared to the same period of 2019. Shipments of computer monitors rose by 201% year over year and by 38.6% versus 2019 in the past two mon...

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