Reported 12 months ago
Askey's consolidated revenue in the first quarter of the year was NT$18.848 billion, a decrease of 14.2% from the previous quarter and 4.3% from the previous year. Revenue has significantly increased since the second quarter, driven by improved chip supply and increasing demand for AI computing. Market analysts predict that Askey's revenue in the second quarter is expected to show double-digit growth compared to the previous quarter. Despite a weak enterprise market, recovery is expected in the second half of the year, with the global market share of white-label switches continuing to grow over the next few years.
Source: YAHOO