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Primasia News, Taiwan |
09.28.2001
D-Link nails switch order from France |
D-Link (2332) NT$28.00 |
Outperform |
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Development: D-Links OBM (Own Brand Manufacturing) division
received its first high-end Layer 2 switch order from NAPE (French National Agency for
Employment). Order includes 1.8k switches to ship between Jul. and Oct. 2001.
Analysis: Revenue contribution on this deal will be NT$52m and we expect
a 20% gross margin. The mature and powerful switches are equipped with 22 ports (10/100
BASE-TX), extendable up to 94 ports and are capable of SNMP virtual web management.
Primasia View: We are positive on this contract as it has effectively
cracked open European government agency business opportunities.
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| GeorgeWu@Primasia.com
+886-[0]2-2547-8872 |
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