ASRock, one of the largest motherboard makers, has seen a 31.6% year-over-year surge in revenue, achieving a record-high of NT$13.415 billion (US$443.16 million), and that momentum is expected to grow this year, mostly thanks to motherboards with AMD chipsets representing a larger percentage of shipments, according to unnamed sources in a DigiTimes report today.
ASRock saw stagnating motherboard and graphics cards sales in the first half of 2019. Q3 followed with higher average selling prices and more profitable products targeting servers.
This reportedly resulted in a 35% sequential increase in revenues, which saw a record-high of NT$3.87 billion ($127 million) in Q4 2019. The company’s net earnings more than doubled on quarter (110% increase) to NT$208 million ($6.8 million).
With a greater focus on AMD-based products, the company’s revenue is expected to reach new heights in 2020, according to DigiTimes. The publication also attributed this anticipated boost to ASRock's graphics card sales turning profitable towards the end of 2019 and its U.S. and European markets growing.