Financial Daily from THE HINDU group of publications Friday, Apr 09, 2004 |
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Info-Tech
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Hardware ASUSTeK bets big on India Our Bureau
Mumbai , April 8 INDIA received a mere 0.1 per cent of the total 30 million motherboards shipped last year by Taiwan-based ASUSTeK Computer Inc. The company hopes to increase this substantially with the launch of its new product line. It has set a target of $200 million in sales by 2006. "We are looking at shipping at least 6 lakh motherboards to India this year. The country represents a good market for ASUSTeK and our aim is to offer a complete product portfolio here. We expect to record $40-45 million in sales by December 2004," Mr Andrew Tsui, Managing Director, ASUSTeK India, said. Outlining the product roadmap here, Mr Tsui said the new product line includes ASUS Wi-fi (wireless fidelity) motherboards, DigiMatrix desktop, Pundit desktop barebone system and Asus Server AP170-E1. The company is also looking at partnerships with software firms to expand its presence.
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