Notebook computer maker Micro-Star International Co (MSI, 微星科技) yesterday said the Russia-Ukraine war is hurting consumer spending in Europe, but that it still aims to grow revenue by double-digit percentage points this year amid strong demand from gamers and enterprises in the post-COVID-19 era.
MSI, which primarily makes gaming notebook computers and motherboards, last year saw its revenue soar 37.8 percent annually to a record NT$201.81 billion (US$7.07 billion), as the COVID-19 pandemic spurred demand for computers and booming cryptomining activity drove sales of its graphics cards.
The growth looks sustainable this quarter, but the impact of the Russia-Ukraine war became evident