Asetek reported third-quarter revenue of $12.2 million compared with $20.5 million in the same period of 2023. Revenue for the first nine months was $37.1 million compared with $59.7 million in the same period of 2023. The change in both periods reflects fewer shipments of liquid cooling products, partly offset by an increase in shipments of SimSports products. Gross margin was 36% for the third quarter and 42% for the first nine months, compared with 46% and 45% in the respective periods of 2023. The change in gross margin reflects the write-off of certain inventory that was adversely affected by a supply chain quality issue that has since been rectified.

"Our SimSports business experiences strong traction with new acclaimed products, new strategically important distribution agreements and a clear pathway to millions of new simulation gamers in the console market. We are also taking action to stabilize the Liquid Cooling business and position for future growth with a lower cost base and a wider offering addressing the changing market preferences," says André S. Eriksen, the CEO of Asetek.

Asetek SimSports today announces a brand-new partnership with Designed for Xbox which will see the manufacturer of sim-racing hardware enter the games console market for the first time. The Designed for Xbox collaboration will see Asetek SimSports' new and select existing products made console compatible, ensuring seamless connectivity and delivering an authentic racing experience to users of the Xbox Series X|S and Xbox One around the world.

Inspired by real-life racing cars, Asetek SimSports' products are designed and crafted with performance and immersion in mind. The company's long history of innovation, engineering excellence, and real-life racing experience and gaming expertise combine to make the ultimate steering wheels, wheelbases, and pedals for racing enthusiasts and gamers alike. Xbox console users will now join PC gamers in being able to get their hands on the latest sim-racing technology from Asetek SimSports, with the first Xbox Series X|S and Xbox One compatible products coming out second half of 2025.

Asetek SimSports - the manufacturer of sim-racing hardware based in Aalborg, Denmark - is today proud to launch a state-of-the-art product, the Invicta Steering Wheel. Inspired by real-life Formula racing cars, the Invicta Steering Wheel has been designed and crafted with supreme performance and immersion in mind. Asetek's long history of innovation, engineering excellence, and real-life racing experience and gaming expertise combine to make the ultimate steering wheel.

The Invicta Steering Wheel offers maximum rigidity from a CNC-milled aluminium chassis and carbon fiber front plate, all while keeping the design sleek and lightweight. Indeed, the Invicta Steering Wheel weighs in at just 1.5 kilograms for an unmatched weight to performance scale in this category. Light and strong, the Invicta Steering Wheel ensures users never miss a grain of detail on the racetrack and can take full advantage of the feedback from their simulator.

ASUS Republic of Gamers (ROG) today announced the launch of the Ryujin III 360 ARGB Extreme, a new ROG Ryujin all-in-one cooler introduced during Gamescom 2024. The ROG Ryujin III 360 ARGB Extreme is specially optimized for the heat zones of Intel Core Ultra processors (Series 2) via a movable bracket design that effectively reduces CPU heat.

The cooler is also equipped with an Asetek Emma Gen 8 V2 pump for optimal cooling performance, and its embedded pump fan assists in cooling a motherboard's voltage regulator modules (VRMs). Meanwhile, 30 mm daisy-chainable ROG ARGB fans provide high airflow and static pressure with noise optimization, and users can connect lighting and fan control with one cable for easy installation and cable management. The ROG Ryujin III 360 ARGB Extreme also boasts a full-color 3.5-inch display with a 640x480 resolution which can be customized through Armoury Crate to display exclusive ROG wallpaper, real-time system information or personalized content.

Asetek announce the appointment of Maja Sand-Grimnitz as vice president (VP) Brand and Digital, and Henrik Lindskou-Mouritsen as VP Global Sales. They bring extensive experience from commercialization of gaming hardware and international sales to drive deployment of Asetek's acclaimed sim racing products and build on the leading position within Liquid Cooling.

"I am pleased to have both Henrik and Maja join Asetek, further strengthening our commercial focus and enabling increased efficiencies by consolidating the management team in Denmark," said André Sloth Eriksen the CEO of Asetek. "We are positioning for significant growth within SimSports and a changing Liquid Cooling market with more direct end-user dialogue over time and potential to capture material revenue synergies across our two business segments under a strong Asetek brand."

Liquid cooling solutions OEM Asetek saw its stock price drop by over 40% on Wednesday (12th June 2024), as investors responded to the company's announcement of suspending its profitability and revenue guidance for 2024. The release offered an explanation behind this decision. "Based on these new forecasts, the expected increase in demand in the second half of 2024 of the company's liquid cooling products may not materialize. This will result in a significant decline in Group revenue and profitability for 2024 compared to the revenue and profitability guidance issued on March 8, 2024."

The company also stated that it expects the negative trend in the company's revenue may continue into 2025. "The management team and board of directors of Asetek will consider the long- and short-term consequences of the weakened and uncertain market situation. The assessment today is that the negative trend in revenue may continue into 2025. Based on this, a plan containing initiatives to navigate the short and long-term challenges will be developed and then communicated as soon as possible," it said. Asetek is a pioneer in the all-in-one, closed-loop liquid CPU cooler that's popular in the gaming PC segment, but the company should also be in a position to lead the server CPU cooling market given the upward trend in processor cooling needs; but the company is underperforming. This is probably also due to intense competition in the space.

Partly like it's 2012 with clear acrylic RGB LED fans from Xilence. The new Xilence Gaming series 120 mm ARGB fans shed the trend of using frosted plastic to diffuse LED lighting, in favor of clear acrylic for both the impeller and the bore of the fan frame. The LEDs are studded along the bore, and not the impeller hub. You get modern FDB bearings, 4-pin PWM for the main function, and 3-pin ARGB for the lighting. The company also showed us their cable-free daisy-chaining fan series meant for radiator. A single cable powers one of the fans, and daisy-chaining contacts power the others in the series.

Next up, is the Xilence LiQuRizer, a line of all-in-one liquid CPU coolers, which feature a round (typical Asetek) pump-block, with an infinite reflection ornament on top, which shows off the Xilence logo. This logo can be rotated to get the orientation right. Besides ARGB lighting in this pump-block ornament, the included fans have hub-based ARGB. The series comes in 360 mm and 240 mm models. Xilence also showed off a premium variant of the LiQuRizer with an LED segment display that puts out temperature, pump, and fan-speed readings from ACPI (it connects to the motherboard a USB 2.0 header and talks to a software that can access ACPI).

ASUS today announced the innovative concepts and upcoming designs that it will be demonstrating at its Computex 2024 booths, including AI PCs, prototype AMD and Intel motherboards, as well as fresh CPU coolers.

AI PC-ready hardware
With all the groundbreaking AI-powered apps and features available today, and many more on the horizon, PC enthusiasts the world over are searching for hardware that will let them run AI tools on their own AI PC in addition to using cloud-based subscriptions. At Computex 2024, ASUS is showing off the PC hardware that builders can leverage to explore the future of this revolution. An AI PC is an entire platform ready to unlock advanced AI features—in turn, revolutionizing the way that people build, customize, and use such a device.

Asetek, innovator of gaming hardware for next-level immersive gaming experiences and the creator of the all-in-one (AIO) liquid cooler, today announced a strategic partnership with Fabric8labs, a leading innovator in metal 3D printing. This exclusive partnership with Fabric8Labs covers the commercial and consumer desktop markets and introduces a revolutionary advancement in liquid cooling technology, showcased in the AI Optimized Cold Plate. Leveraging Fabric8Labs' cutting-edge Electrochemical Additive Manufacturing (ECAM) technology, Asetek has developed a cold plate design that will redefine industry leading performance.

The partnership embodies a shared commitment to innovation that drives superior performance, high quality, and lasting reliability. The AI Optimized Cold Plate demonstrates a significant improvement over previous generations, highlighting the effectiveness of this collaboration. Fabric8Labs' unique 3D printing technology plays a pivotal role in this innovation. Their ECAM method allows for the creation of complex, high-resolution structures that significantly improve thermal capabilities through enhanced fluid dynamics. Also, by eliminating the need for post-processing, ECAM ensures the highest quality and integrity of each cold plate and is massively scalable to support high-volume production demands.

Colorful Technology Company Limited, a leading brand in gaming PC components, gaming laptops, and Hi-fi audio products, is excited to announce its participation at COMPUTEX 2024 from Jun 4 to Jun 7, 2024. COLORFUL Technology will be exhibiting its latest and upcoming products at the booth L0417a located at 4F, Hall 1 of the Nangang Exhibition Center. This year, COLORFUL Technology will expand its popular Vulcan, Neptune and Mini Series to more than just graphics cards and will include other PC components to complete a full gaming PC. COLORFUL will also be introducing new liquid cooling for the COLORFUL iGame GeForce RTX 4090 Vulcan LAB.

Featuring the themed gaming PCs launched and launching this year which includes the COLORFIRE MEOW and iGame ULTRA gaming PC Sets. Upcoming Vulcan, and MINI Series gaming PCs. The Vulcan Series consists of new concept products which will include a motherboard, DDR5 memory, chassis, peripherals, PSU, and liquid cooler featuring Asetek pump technology. The iGame Z790D5 Vulcan is designed to be a high-end motherboard. COLORFUL is already preparing a new Vulcan motherboard to the next-generation Intel Core processors.

Asetek reported fourth-quarter revenue of $16.6 million, an increase of 75% from the same period of 2022. Revenue for the year amounted to $76.3 million, an increase of 51% from 2022. The growth in both periods mainly reflects increased shipments of liquid cooling products. Gross margin was 47% in the fourth quarter and 45% for 2023, compared with 41% in each of the same periods of 2022. The gross margin increase reflects a richer product mix, reduced costs and favorable exchange rates for both periods.

"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. I'm proud of delivering our second-best year ever measured by revenue and profit, reflecting strong demand for our products," said André Sloth Eriksen the CEO of Asetek. "We remain confident of the long-term potential in our markets, but at the same time we continue to experience low near-term revenue visibility. However, we are adapting and have aligned our strategic priorities accordingly, and our focus in 2024 is to execute on these."

Cooler Master has sued SilverStone, Enermax, and their common OEM, the Guangdong China-based Apaltek, for patent infringement of designs of their all-in-one, closed-loop liquid CPU coolers. The company has moved the United States District Court in the Central District of California, against the three companies for alleged IP violation in the design of its AIO CLCs. Cooler Master alleges that the three companies violate U.S. Patent numbers 10,509,446; 11,061,450; and D856,941 held by it. The infringing products referenced in the Lawsuit are SilverStone IceMyst 240, PF240, PF240W, IceGem 360, VIDA 240 Slim, and RGB Controller, and the Enermax Aquafusion ADV, Liqmax III ARGB, Liqtech 360 TR4 II Slim, and RGB Controller. Apaltek doesn't have any products in the retail channel under its own brand, but is being sued as the original technology supplier for SilverStone and Enermax.

Specifically, the Cooler Master suit alleges that the pump-inside-radiator design choice is a Cooler Master invention; as is the ARGB mini-controller. It also alleges infringement in the essential design of the coolers. It seeks damages and legal costs in Relief. One of the three defendants has reached out to TechPowerUp with a comment, in which it says that it finds it interesting that Cooler Master, which itself defended a similar patent infringement lawsuit against Asetek in 2016-17 would go on to allege patent infringement with smaller competitors such as Enermax and SilverStone, while leaving out certain other customers of Apaltek, such as MSI. They stated that they intend to defend their designs in the Court. This defendant termed Cooler Master's behavior as being that of a "bully."All pages from the Cooler Master lawsuit follow.

ASUS Republic of Gamers (ROG) today announced the ROG Strix LC III series and ROG Ryujin III WB, two CPU liquid-cooling solutions tailored to diverse user needs, at the 2024 Consumer Electronics Show in Las Vegas. The ROG Strix LC III AIO cooler series is designed to be easy to install, and it offers excellent cooling performance and a variety of models suited to different scenarios. Meanwhile, the ROG Ryujin III WB creates a one-of-a-kind gaming PC experience for users pursuing ultimate customization and extreme cooling performance.

Introducing the ROG Strix LC III series
The ROG Strix LC III series of 240 mm and 360 mm coolers features an Asetek-designed cold plate and 7th gen V2 pump armed with a robust motor that delivers premium cooling performance. This cooling innovation iterates on previous designs with new Turbulence-Channel cold plate technology to provide greater thermal performance than is possible with traditional split-flow cold plates.

Asetek, innovator of gaming hardware for next-level immersive gaming experiences and the creator of the all-in-one (AIO) liquid cooler, today announced that new OEM Partner LIAN LI makes available its Galahad II LCD CPU Coolers, leveraging the superior thermal and acoustic performance and reliability associated with Asetek's most advanced technology to date. The Galahad II LCD AIOs will enable enthusiasts to boost CPU overclocking capability for extreme performance and gamers to enjoy rock-solid stability for immersive gaming.

Asetek and LIAN LI collaborated to create the Galahad II LCD CPU coolers, which are powered by Asetek's Gen8 technology, and are available in black or white in 280 mm or 360 mm radiator sizes for a variety of form factors and cooling requirements. The coolers include a 2.88" LCD screen with 480x480 resolution to display various system information, such as CPU/GPU temperature and load, pump RPM, and coolant temperature. The updated L-Connect 3 software offers users a host of features to allow them to customize the LCD display. In addition to uploading custom videos, the software has built in functions to allow users to record gameplay videos and images for display on the pump cap, a first-of-a-kind feature for AIOs in this premium category. Trim and upload the video portion you want using the included video editor. The L-Connect 3 software also comes with a variety of included presets and filters that users can apply to any imported images and GIFs.

Asetek sim racing gear innovator and Micro Center today announced that Micro Center will sell a broad offering of Asetek SimSports sim racing products in its physical stores across the U.S., and through its online store microcenter.com. A variety of Asetek SimSports wheels, wheelbases, pedals, and accessories are now available through Micro Center, including the recently announced Tony Kanaan Sim Racing products, and premium Invicta and high-performance high-value Forte offerings.

"In addition to the recently unveiled Asetek SimSports Tony Kanaan Sim Racing Bundle exclusively available through Micro Center, we are delighted to offer retail availability of Asetek SimSports across Micro Center's 26 stores as well as from their online store," said André Sloth Eriksen, CEO and founder of Asetek. "Through this agreement, we are making it easier for sim racers in North America to purchase Asetek SimSports gear and experience the feel of real racecar racing."

ASUS Republic of Gamers (ROG) today announced the new ROG Ryujin III series of all-in-one CPU coolers, with six different models to choose from. Armed with the latest 8th gen Asetek pump, a larger embedded pump fan, and a beefy 240 mm or 360 mm radiator, these units stand ready to tame CPU heat without breaking a sweat. Three style options cater to any aesthetic, and the customizable 3.5-inch LCD display helps users personalize their PC like never before.

To ensure there is an ROG Ryujin III AIO cooler in the perfect style for any build, ROG is launching several new variants. For builders who love the pristine surfaces of an all-white build—and the way that this finish uniquely reflects RGB LED lighting—ROG offers the Ryujin III 240 ARGB White Edition and the Ryujin III 360 ARGB White Edition. For those who prefer classic black, the ROG Ryujin III 240 ARGB and Ryujin III 360 ARGB beckon.

NZXT, a leader in PC gaming hardware and services, today announces the release of the Kraken and Kraken Elite. This new generation of popular coolers offers NZXT's coveted design and high-quality cooling while displaying essential data via NZXT CAM, a free software allowing users to monitor, control, and customize their NZXT products.

These new products are the latest versions of their award-winning all-in-one liquid CPU coolers series, the Kraken X-3 and Kraken Z-3 series. The Kraken Elite offers a 2.36" LCD screen with higher resolution and frame rate, better viewing angle, and higher color accuracy. This screen can display data from NZXT CAM and static or animated images with more clarity. The Kraken features a 1.54" LCD screen that can display system temperatures and static images from NZXT CAM.

Asetek reported fourth-quarter revenue of $9.5 million compared with $18.1 million in the same period of 2021. Revenue in the full year 2022 was $50.7 million compared with $79.8 million in the same period last year. The change from prior year for both periods reflects a decline in shipments of liquid cooling products due to the continued challenging business climate.

Gross margin was 41% for the fourth quarter of 2022 compared with 42% in the same period of 2021. The margin in the fourth quarter of 2022 reflects a change in the product mix partly offset by a stronger U.S. dollar, when compared with the same period of prior year. Gross margin for the full year 2022 was 41% compared with 42% in 2021.

Phanteks is proud to announce their latest power supplies, the Revolt SFX 850 W Platinum PSU and AMP 1000 W Gold V along with the 12VHPWR PCIE GEN5 Adapter Cable compatible with AMP and Revolt Series PSU (rated 850 W and higher) to unlock the power of next-gen Graphic Cards. Also releasing today is their second generation of Glacier One T30 AIO liquid cooler. The Phanteks Revolt SFX 850 W is ready for the most powerful next-gen hardware in a super-compact SFX footprint. It was built according to the new Intel SFX12V 4.0 platform specifications, which mirror the ATX 3.0 specifications, and comes with native PCIe Gen 5 12VHPWR support out-of-the-box. The high efficiency, 80 PLUS Platinum certification guarantees 92% efficiency at 50% system load.

In collaboration with Seasonic, Phanteks AMP Series are high quality 80 Plus Gold Certified power supplies. The fully modular power supplies provide users with clean and great cable management, flat ribbon cables and includes a 12VHPWR cable for compatibility with next-gen GPUs. The 120 mm Fluid Dynamic Bearing Fan can be temperature controlled in Hybrid Fanless mode for ultimate silent performance.

Besides the show-stopping NV7 full-tower case, Phanteks showed off a wealth of new gear at its private show on the sidelines of the 2023 CES. The D30-120 is a stackable 120 mm fan that can work either individually, or stacked in rows of three sideways, so a single cable can drive all three fans and their lighting. They attach to each other over contact points that are concealed by detachable bits in the fan-frame. The fans feature high static pressure, and FDB bearing, and are ideal for radiator applications.

ASUS Republic of Gamers (ROG) today announced a new series of ROG Ryuo III AIO coolers, with four models to choose from: the ROG Ryuo III 360 ARGB and the ROG Ryuo III 240 ARGB, both available in black or white editions.

As the first ROG AIO coolers equipped with an 8th generation Asetek pump, the ROG Ryuo III 360 ARGB and ROG Ryuo III 240 ARGB offer exceptional cooling potential, making them ideal partners for the latest high-end chips from Intel and AMD. This pump sports a 3-phase motor capable of higher flow rates than previous generations, all while operating more quietly. The square cold plate is larger than the previous generation, and its size makes it ideal for this year's hot-off-the-press CPUs.

Introducing the EVGA CLX Series - the remix you've been waiting for! The CLX Series is the sequel to the award-winning EVGA CLC All-In-One CPU Liquid Coolers. Refreshed with Asetek's 7th Generation water pump, 3 choices of radiators, an integrated 480x480 LCD display, and the completely remodeled EVGA ARGB Fans. With a fresh new take on the AIO CPU liquid cooler market, the EVGA CLX Series provides the most efficient cooling and quietest flow yet on an EVGA AIO.

• Extreme Temperature Testing to ensure product robustness
• Helium Integrity Testing to ensure each individual cooler is virtually immune to leaks
• Vacuum Precision Filling to ensure optimal liquid levels
• 100% traceability throughout our production process to provide valuable insight and feedback

Asetek, sim racing gear innovator, the creator of the all-in-one liquid cooler, and the global leader in liquid cooling solutions for gaming PCs and DIY enthusiasts, has partnered with ASUS to integrate its high-performance liquid cooling technology into the new ROG Strix LC GeForce RTX 3090 Ti OC Edition graphics card. This graphics card reigns supreme by combining Asetek liquid cooling technology with NVIDIA Ampere architecture and 24 GB GDDR6X of memory for extreme overclocking performance and silent operation, enabling the ultimate in game immersion for the most rigorous gameplay sessions.

With a 450 W thermal design power (TDP), the new top-of-the-line GeForce RTX 3090 Ti supports 8K HDR Gaming and requires serious thermal management. The ROG Strix LC GeForce RTX 3090 Ti OC Edition utilizes Asetek's latest technology and includes an optimized fin area for the NVIDIA Ampere architecture, and a full-coverage cold plate to bring liquid cooling to both the GPU die and the surrounding GDDR6X VRAM memory.

Japanese company Sycom has recently released the RTX 3090 Ti G-Master Hydro as a new graphics card option for their prebuilt systems. The Sycom RTX 3090 Ti G-Master Hydro features a triple fan onboard air-cooler in addition to an external Asetek Hybrid GFX 240 mm AIO with Noctua NF-A12x25 ULN fans. The card also features RGB lighting and achieves a temperature reduction of 10°C - 15°C compared to the default air-cooler. The card doesn't feature any factory overclocking but the increased thermal headroom allows the card to maintain an average boost clock of 1802 MHz increasing performance by 6%. Sycom currently offers the RTX 3090 Ti G-Master Hydro as an option in 6 computers paired alongside the Core i9-12900K, Core i7-12700K, or Ryzen 7 5800X with base prices ranging from 562,180 yen (4320 USD) to 670,870 yen (5150 USD).

Sapphire today entered the CPU cooling components market with the NITRO+ line of all-in-one, closed-loop, liquid CPU coolers. The series debuts with two variants based on radiator size, S360-A and S240-A (360 mm x 120 mm and 240 mm x 120 mm, respectively). The cooler uses 7th Gen Asetek pump-block technology, which integrates a thermal sensor within the pump-block, and onboard logic that accordingly adjusts pump speed. The block is studded with addressable RGB lighting, a 3D structure resembling a roll-cage, and a brushed aluminium accent.

The second Sapphire innovation with these coolers is the included set of fans for the aluminium radiator. Inspired from the fans found in Sapphire's NITRO+ series graphics cards, these double ball-bearing fans feature impellers with 13 densely packed blades that are webbed off at the edges, to guide all their airflow axially. ARGB LEDs are studded in the impeller hubs. The pump turns at speeds ranging between 800 to 2,800 RPM, while the fans turn between 450 to 2,500 RPM. Among the CPU socket types supported are LGA1700, AM4, and LGA1200. The company didn't reveal pricing.