Clevo revenue drops in first half of 2017 but expected to rebound with new devices

Clevo group logo. (Source: Clevo Group)

Clevo has reported first half revenues are down by 7.7 percent in their notebook business between 2016 and 2017. Net profit remains in the positive but is tight at slightly below US$11 million, or only 3.95 percent of revenue.

Craig Ward, Published 08/15/2017

Clevo, the Taiwanese OEM manufacturer of business and enthusiast gaming laptops often sold under brands such as Sager, Eurocom, and Schenker/XMG, has reported financial figures for the first half of 2017.

Company revenue was US$277.22 million with a net profit of US$10.96 million (3.95 percent) reflecting the extremely tight margins under which a niche OEM such as Clevo operates. The revenue for the notebook business was down by 7.7 percent compared to the same time in 2016, and some of this is attributed to increased competition in the gaming market as large consumer brands (such as Lenovo and Dell) improve the quality and value of their gaming offerings.

Clevo is hoping that a redesign of their Buynow malls in China and some new models focusing on the high-end business and ultrabook markets will improve revenue for the second half of 2017, which is of vital importance for a business with such thin margins.

Source(s)

DigiTimes

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Craig Ward - Tech Writer - 397 articles published on Notebookcheck since 2017

I grew up in a family surrounded by technology, starting with my father loading up games for me on a Commodore 64, and later on a 486. In the late 90's and early 00's I started learning how to tinker with Windows, while also playing around with Linux distributions, both of which gave me an interest for learning how to make software do what you want it to do, and modifying settings that aren't normally user accessible. After this I started building my own computers, and tearing laptops apart, which gave me an insight into hardware and how it works in a complete system. Now keeping up with the latest in hardware and software news is a passion of mine.

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> Expert Reviews and News on Laptops, Smartphones and Tech Innovations > News > News Archive > Newsarchive 2017 08 > Clevo revenue drops in first half of 2017 but expected to rebound with new devices

Craig Ward, 2017-08-15 (Update: 2017-08-16)

Clevo revenue drops in first half of 2017 but expected to rebound with new devices

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