Beelink SER5 Pro (Ryzen 7 5800H) mini PC review
Crucial T700 PCIe 5.0 NVMe SSD Review - 12GB/s
Sapphire Radeon RX 7600 PULSE review
Gainward GeForce RTX 4060 Ti GHOST review
Radeon RX 7600 review
ASUS GeForce RTX 4060 Ti TUF Gaming review
MSI GeForce RTX 4060 Ti Gaming X TRIO review
GeForce RTX 4060 Ti 8GB (FE) review
Corsair 2000D RGB Airflow Mini-ITX - PC chassis review
ASUS PG27AQDM Review - 240Hz 1440p OLED monitor
Gigabyte graphics card shipments to drop 20% in 2Q18
We mentioned a global drop in demand already, now things solidify as a surge in cryptocurrency mining demand is dragging down Gigabyte Technology's graphics card shipments in the second quarter, which are set to fall about 20% sequentially with average selling price (ASP) for such cards dropping 10%, according to the company.
At an investors conference held June 27, Gigabyte said its graphic card shipments for the second quarter are estimated at around one million units, down from 1.2 million of a quarter earlier, reports digitimes:
As it remains unclear as to when Nvidia will release its new GPU platform in the second half of 2018, Gigabyte can hardly assess its shipment momentum in the third and fourth quarters. Nevertheless, the firm still expects its annual earnings from graphic cards for 2018 to be higher than that a year earlier, bolstered by the much higher corresponding profits scored in the first half of the year than in 2017.
Before the crypto mining craze subsided abruptly in April 2018, Gigabyte maintained a hefty profitability scenario in the first quarter, with its net earnings for the quarter shooting up 91% sequentially and skyrocketing five-fold on year to NT$1.61 billion (US$52.75 million), a new quarterly high and even higher than net profits for the first half of 2017. Revenues for the first five months still surged 40% on year to NT$30.53 billion. As crypto mining graphic cards can hardly generate high gross margins amid the sustained weakness in demand, Gigabyte will focus more on promoting graphic cards for gaming devices in the second half of 2018, the company said.
Company statistics also indicate Gigabyte's revenue ratio for graphic cards hit a high of 49% in the first quarter of 2018, compared to 36% for motherboards and 15% for servers. But the ratio for servers already soared to 20% in the second quarter amid the declining graphics card shipment momentum. Meanwhile, Gigabyte's motherboard shipments reached 3.3 million units in first-quarter 2018, and 1.1 million units each for April and May, with second-quarter shipments likely to remain flat or increase slightly compared to the first quarter. The company expects its annual motherboard shipments to be in the same range of 12-13 million units as posted for 2017, instead of accomplishing a 10% annual growth estimated in early 2018. This is due mainly to a delay in the arrival of Intel's new-generation CPU platform, the company indicated.
Gigabyte has landed big orders from Yandex of Russia and Penguin Computing of the US for server products. This is expected to help push up the firm's 2018 server revenues by 20% on year.
Gigabyte outs a threefold of GeForce GTX 1050 3GB graphics cards - 06/14/2018 05:03 PM
Last month we already mentioned the product page of the 3GB OC edition of the GeForce GTX 1050. Two new models have made an entry though, these all are the 3GB models of the GTX 1050 (or should we s...
Gigabyte Shows a lot of Aorus at Computex - 06/09/2018 08:39 AM
In the final stages of photos to show you from Computex, the next one in line is Gigabyte. Active at two locations, the Taipei 101 suite and the TWTC convention center. For Gigabyte the strongest f...
Gigabyte to release Aorus DDR4 RGB Memory kits - 06/04/2018 08:53 AM
In a series of announcements on tidbit stood out, it seems Gigabyte is to pursue the memory market by releasing Aorus DDR4 RGB Memory kits. The products will be released in a 2x 8GB kit rated at 3200 ...
Gigabyte Teams Up With Intel On Side-Channel Vulnerabilities - 05/28/2018 08:56 AM
Gigabyte Teams Up With Intel To Upgrade Security Against New Derivatives of Side-Channel VulnerabilitiesUpdate To The Newest Gigabyte BIOS To Protect Your System...
Gigabyte GeForce GTX 1050 (3GB) Product page is Up - 05/26/2018 10:57 AM
Last week we mentioned that the SKUs based on the Geforce GTX 1050, a 3GB version of the GeForce GTX 1050 are a real thing. As it turns out, it is a 1050 Ti that is cut down with a 96-bit memory bus....
alanm
Senior Member
Posts: 11675
Joined: 2004-05-10
Senior Member
Posts: 11675
Joined: 2004-05-10
#5561168 Posted on: 06/28/2018 09:38 PM
Surge? Surely you mean slump HH.
We mentioned a global drop in demand already, now things solidify as a surge in cryptocurrency mining demand is dragging down Gigabyte Technology's graphics card shipments in the second quarter, which are set to fall about 20% sequentially with average selling price (ASP) for such cards dropping 10%, according to the company.
Surge? Surely you mean slump HH.
AntiSnipe
Senior Member
Posts: 377
Joined: 2003-06-28
Senior Member
Posts: 377
Joined: 2003-06-28
#5561170 Posted on: 06/28/2018 10:18 PM
Yep, I am hoping to buy a new GTX 1080 Ti 11GB, or the like, for $99.99 in a year or so. :p
Yep, I am hoping to buy a new GTX 1080 Ti 11GB, or the like, for $99.99 in a year or so. :p
Rich_Guy
Senior Member
Posts: 13039
Joined: 2003-05-11
Senior Member
Posts: 13039
Joined: 2003-05-11
#5561172 Posted on: 06/28/2018 10:23 PM
Thats nowt compared to PowerColor
Thats nowt compared to PowerColor
FookDat
Senior Member
Posts: 485
Joined: 2005-11-27
Senior Member
Posts: 485
Joined: 2005-11-27
#5561182 Posted on: 06/28/2018 11:22 PM
All they have to do to stop the mining issue is make dedicated cards for mining only, dont allow gaming gpus to do mining... PROBLEM SOLVED! Thats what firepro cards are for right?! Video editing and compression they specialize in it! They already have options to choose to set it to graphics or computing. But they are making so much money off the price hiking they wont stop.
Video card manufacturers should be held accountable just like the memory companies just got sued for 8 billion dollars for doing the same thing!
These big companies love the high demand and low supply allows them to charge whatever they want cause they know people will buy it. Plus they are not coming out with another graphics card till next year. They are milking it. Instead of the 1080 price going down they will discontinue it when they release the next card.
PC master race is no more, not when consoles play games with a flat rate cost and prices go down for those systems not up!
With games being released under developed and the cost going up not down. No wonder they are seeing sales go down..
What genius got paid millions to figure that out. We charge to much for our products and dont lower prices over years, in fact raise prices! hmmmm why are people not buying our stuff!?
Stop making gpus do computing/mining.
I mean we have server and desktop cpus for a reason right?
Why are we not making gpus be the same. Then they can charge miners double and triple for their cards and the gamer market can come back! Want to increase sales fix the mining and gamer gpu sharing issues....
All they have to do to stop the mining issue is make dedicated cards for mining only, dont allow gaming gpus to do mining... PROBLEM SOLVED! Thats what firepro cards are for right?! Video editing and compression they specialize in it! They already have options to choose to set it to graphics or computing. But they are making so much money off the price hiking they wont stop.
Video card manufacturers should be held accountable just like the memory companies just got sued for 8 billion dollars for doing the same thing!
These big companies love the high demand and low supply allows them to charge whatever they want cause they know people will buy it. Plus they are not coming out with another graphics card till next year. They are milking it. Instead of the 1080 price going down they will discontinue it when they release the next card.
PC master race is no more, not when consoles play games with a flat rate cost and prices go down for those systems not up!
With games being released under developed and the cost going up not down. No wonder they are seeing sales go down..
What genius got paid millions to figure that out. We charge to much for our products and dont lower prices over years, in fact raise prices! hmmmm why are people not buying our stuff!?
Stop making gpus do computing/mining.
I mean we have server and desktop cpus for a reason right?
Why are we not making gpus be the same. Then they can charge miners double and triple for their cards and the gamer market can come back! Want to increase sales fix the mining and gamer gpu sharing issues....
Click here to post a comment for this news story on the message forum.
Senior Member
Posts: 7431
Joined: 2012-11-10
I'm surprised how many people on ebay are selling their used GPUs for so close to the MSRP. Spend an extra $20 or so and you can buy the same thing but brand new.
It'll be interesting how cheap these used GPUs get once the market is so over-saturated with them. Right now, I'm sure the remaining serious miners may be buying some of these used models, which is what's keeping the price up. But eventually that's going to stop. By the time the price of the used models gets low enough, I'm seriously considering buying 2 or 3 GPUs. Might be good for something like a multiplayer gaming rig.