September 15, 2016 - Asetek communicated in its second quarter 2016 report
announced 17 August 2016 that the company's expectation for full year 2016
revenue within the company's desktop segment had solidified through the first
half and into the second half of 2016. Furthermore, that the company expected
full year 2016 desktop segment revenue above $37 million, equal to more than 10%
revenue growth.
The company today announces that due to continued positive development within
Asetek's desktop segment, the company increases its full year 2016 desktop
segment revenue guidance from more than 10% increase over 2015 to an increase of
more than 20% over 2015, equal to above $43 million. The increase in demand is
due to higher activity within the desktop segment's do it yourself (DIY),
computer gaming and virtual reality customers.
Within its data center segment, Asetek maintains its expectation of significant
revenue growth in 2016 from $1.9m in 2015.
For further information, please contact:
André S. Eriksen, Chief Executive Officer
Mobile: +45 2125 7076, e-mail: ceo@asetek.com