Asetek - Q4 2023: Liquid Cooling Demand and SimSports Expansion Driving Growth
The growth in both periods mainly reflects increased shipments of liquid cooling products.
- The growth in both periods mainly reflects increased shipments of liquid cooling products.
- "2023 represented a material rebound for our Liquid Cooling business and expansion of the SimSports product program to wide acclaim from the sim racing community.
- In the first quarter of 2024, ten new liquid cooling products and various new SimSports accessories are expected to begin shipping.
- Larger customers have expressed increased demand for Liquid Cooling products with a lower price point for the Chinese market as well as other value-oriented markets.