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Avermedia hits record revenues in August due to large order from new client

, Taipei
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Taiwan-based TV tuner card maker Avermedia Technologies generated a new monthly record in consolidated revenues of NT$591 million (US$18.5 million) in August 2010, a growth of 34.4% on month and 62.04% on year, according to the company.

The growth is said to be mainly due to a large ODM order from a new client in the US, on which the company has declined to comment.

The company's shipment ratio for own-brand and ODM products in the first half was 4:6. Since the new client started placing orders in August, the proportion from ODM has risen significantly.

Article translated by Joseph Tsai