TAIPEI – MiTAC International reported preliminary January revenue of NT$3.5 billion, down 37% year-over-year.
The company, a leading designer and assembler of computers, IT and consumer electronics, said sales were down 8.2% from December, the result of the global recession.
MiTAC designs and builds a variety of electronics products, including the Magellan Navigation systems, which it acquired last year.