# Who are ASUSTeK Computer's customers? Who does ASUSTeK Computer earn revenue from?
Canonical: https://valuechain.wiki/asustek · Facet: customers · Updated: 2026-07-12T08:25:19.560746+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: ASUSTeK Computer discloses no named confirmed revenue counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 revenue edges, backed by 4 dated sources, 2 of them primary filings (as of 2026-07-12).

### PC·노트북·컴포넌트 최종수요(글로벌 소비자·기업, 익명) (high)
- note: The end market for notebooks, PCs and components is global consumers and enterprises with no customer concentration (no single customer >10% of sales) — exposed to cyclical PC demand, but the ROG-gaming and AI-PC premium mix plus geographic diversification (Asia-Pac 51%, Americas 28%, Europe 21%) cushion the volatility.
- [confirms] ASUSTeK Computer (EN, filing, published 2025-03-30) https://www.asus.com/EVENT/Investor/Content/attachment_en/2024_Annual_Report.pdf: "Product mix 60% computers / 40% components; no customer >10%; regions Asia-Pac 51%, Americas 28%, Europe 21%."

### AI 서버 고객(CSP·기업, 익명) (high)
- note: Customers for AI PODs and B300 servers are CSPs and enterprises (undisclosed) — growing triple digits in 2025, the group's re-rating growth engine. The competitive edge is integrating and delivering NVIDIA's platform as full systems, with GPU cost pass-through and the durability of large orders the swing factors for margin and growth.
- [mentions] Morgan Stanley (EN, research, published 2026-04-01) https://www.investing.com/equities/asustek-consensus-estimates: "11-analyst consensus Hold (avg TP ~NT$604); AI-server revenue guided +100% for 2025, but Morgan Stanley Underweight NT$500 on valuation/margin — a growth-vs-margin debate."
- [confirms] ASUS IR (EN, filing, published 2026-03-10) https://www.asus.com/event/Investor/Content/attachment_en/2025Q4%20IR.pdf: "ASUS FY2025 revenue NT$738.9bn (+26%), record net profit NT$44.6bn; server revenue to double in 1Q26"
- [confirms] CNET Korea (KO, news, published 2025-03-21) https://www.cnet.co.kr/view/?no=20250321103832: "ASUS's AI-server business surged in 2025 with large GB300 AI-POD orders lifting its revenue share."

Reverse side: https://valuechain.wiki/asustek/suppliers.md · Ripple: https://valuechain.wiki/asustek/ripple.md

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Full node: https://valuechain.wiki/asustek.md · JSON: https://valuechain.wiki/asustek.json