MSI Performs Well in November, but has Horrible Year

Paul Lilly

November ranks as a quirky month for first-tier motherboard makers ECS and MSI, who posted mixed results. ECS said its consolidated revenues were down 3.05 percent sequentially in November, which is in contrast to revenues being up 6.16 percent for MSI.

Unfortunately for MSI, November is not indicative of the past year. MSI's November revenues tumbled 24.25 percent on year with combined revenues from January to November down 20.43 percent on year, which is by far the biggest drop out of first-tier mobo makers.

To put it into perspective, ECS posted the second worst numbers, with November revenues down 4.8 percent on year. Meanwhile, Gigabyte and Asus were both up, posting gains of 18.62 percent and 58.32 percent, respectively.

ECS, who began the year with ambitious goals, will have little to celebrate as the year comes to an end. The company estimates that its total mobo shipments for the year will reach 17.2 million, failing to meet its goal of 20 million units. ECS is also unlikely to achieve its shipment goal of four million notebooks for 2009, and is expected to fall short by about 600,000 units.

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