Primasia

News: Taiwan

Primasia News, Taiwan

09.28.2001
D-Link nails switch order from France

D-Link (2332) NT$28.00

Outperform

  • Development: D-Link’s 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.

GeorgeWu@Primasia.com +886-[0]2-2547-8872