ASUS's India operation posts 1100% growth for FY07-08

Published on Thu, Jul 24, 2008 at 13:53 |  Source : Moneycontrol.com

Updated at Thu, Jul 24, 2008 at 16:45  

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr

RELATED NEWS

ASUS , the leading technology brand, today announced that its India operation has posted almost 1100% growth for the fiscal year 2007-2008.

 

Commenting over this high growth, Mr. Benson Lin, General Manager, APAC, Middle East & Africa, ASUS, said, "The Company is seeing a significant traction in its business during the current quarter. The driving force behind this stupendous growth has been the revolutionary Eee PC, which was launched in January this year."

 

The company plans to focus aggressively on the notebook market in India. "We see a lot of potential for growth in the notebooks market. One in 4 computers shipped in India in FY 2007-08 was a notebook. The consumer notebook segment has grown by 141% as compared to a negative 6% growth in consumer desktops segment," added Mr. Lin.

 

The Eee PC received great response all over the world, with sales figures of 3.5 lakh units sold since its inception and with a projected 3 to 5 million units to be sold this year. During launches of the popular netbook, crowds were seen queuing up hours before start of sales in countries like Taiwan, US, Singapore and China. Even on the Internet, demand for the Eee PC has exceeded expectations, and the Eee PC was voted as "The Most Wanted Christmas Gift" by American Amazon.com and CNet. It has also won a prestigious award at the International CES Innovations Design and Engineering Awards for 2008. Within a short span of its launch in India, Eee PC has accelerated ASUS' growth immensely.

 

Sourced From: Adfactors Public Relations Pvt Ltd

  

More on Moneycontrol

Trending News

Business News

Ice Cream Sandwich ported to Nokia N9
Forget the IIP: there's free cash oozing out of every pore "Forget the IIP: there's free cash oozing out of every pore "

DLF Says Macro Environment Unfavourable W/High Comm & Labour Inflation

The latest earning numbers FIRST on CNBC-TV18
Videos

Feb 10 2012, 21:39

Tulsian buys steel stocks; negative on sugar, ADAG

- in MARKET OUTLOOK

Feb 10 2012, 21:39

Truck demand sluggish; margins down 80bps: Shriram Trans

- in Results Boardroom

Interviews

Feb 10 2012, 15:43 | Source: CNBC-TV18

Growth in margins sustainable going forward: Shasun Pharma  

Feb 10 2012, 15:35 | Source: CNBC-TV18

Expect Q4 GRMs to be similar to Q3: BPCL  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!

Follow moneycontrol.com