03.14.2001
Realtek March revenue may reach NT$500m

• Early reports suggest that Realtek's (2379 'Rui Yu') revenue in March may reach NT$500m, a 15% increase MoM.

• The increase comes mainly on the back of revenue from NIC (Network Interface Card) products. NIC customers, downstream network equipment companies, have completed inventory correction and are signaling that more orders will be necessary to meet market demand.

• Realtek maintains a conservative forecast of 20% revenue growth in 2001, but stresses that higher growth is possible if it can get a foothold in the emerging LOM (LAN on Motherboard) market.

• With the increasing popularity of LAN and the emergence of broadband, market demand for networking equipment is set to increase. We remain confident on Realtek as a leading play in communication IC design.

AngelLo@Primasia.com +886-[0]2-2547-8865