Asustek Computer Inc (華碩), the world’s No. 5 PC brand, yesterday said it stopped shipments to Russia to avoid the tumbling ruble, adding that it would maintain its quarterly outlook.
“We stopped shipments two weeks ago due to the ruble’s decline against the US dollar,” Asustek spokesman David Chang (張偉明) told the Taipei Times.
Chang said Asustek will book foreign exchange losses this quarter, but the ruble would have only limited impact on Asustek’s fourth-quarter profitability.
Asustek said quarterly laptop shipments would grow 7.84 percent sequentially to 5.5 million units.
“We will resume shipments to Russia once the ruble stabilizes,” Chang said.
Russia contributes between 5 and 6 percent to Asustek’s total revenues, Chang said.
PC brand Acer Inc (宏碁) reportedly said that it has not decided whether to stop shipments.
Acer spokeswoman Claire Yang (楊琬如) was quoted by Unique Satellite TV (非凡新聞) as saying that products have already shipped.
Asustek shares dropped 0.3 percent to NT$335 yesterday in Taipei trading, while Acer shares jumped 2.91 percent to NT$21.2.
MediaTek Inc (聯發科), the world’s biggest smartphone chip supplier, yesterday said it plans to double investment in data center-related technologies, including advanced packaging and high-speed interconnect technologies, to broaden the new business’ customer and service portfolios. The chip designer is redirecting its resources to data centers, mainly designing application-specific integrated circuits (ASIC) with artificial intelligence (AI) capabilities for cloud service providers. The data center business is forecast to lead growth in the next three years and become the company’s second-biggest revenue source, replacing chips used in smart devices, MediaTek president Joe Chen (陳冠州) told a media event in Taipei. “Three or four years
Until US President Donald Trump’s return a year ago, when the EU talked about cutting economic dependency on foreign powers — it was understood to mean China, but now Brussels has US tech in its sights. As Trump ramps up his threats — from strong-arming Europe on trade to pushing to seize Greenland — concern has grown that the unpredictable leader could, should he so wish, plunge the bloc into digital darkness. Since Trump’s Greenland climbdown, top officials have stepped up warnings that the EU is dangerously exposed to geopolitical shocks and must work toward strategic independence — in defense, energy and
Motorists ride past a mural along a street in Varanasi, India, yesterday.
For the second year in a row, a Brazilian movie has wowed international audiences and critics, securing multiple Oscar nominations and drawing fresh interest in the Latin American giant’s film industry. Experts say the success of The Secret Agent, which has won four Oscar nominations, a year after I Am Still Here won Brazil its first Oscar, is no fluke, with a bit of a push from the country’s political climate. “This is neither a coincidence nor a miracle. It is the result of a lot of work, consistent policies, and, of course, talent,” Ilda Santiago, director of the Rio International Film
RSS