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Asetek Stock Tanks 40% as Company Suspends Profitability and Revenue Guidance for 2024

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.

Xilence Brings Clear Acrylic RGB Fans and Pillarless Cases to Computex 2024

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 Shows Off Latest and Upcoming PC Hardware at Computex 2024

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 Announces New AI Optimized Cold Plate Solution In Collaboration With Fabric8Labs

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 Teases New Prebuilt Desktop Gaming PCs and Notebooks for Computex

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 Q4 2023 Financial Report: Liquid Cooling Demand and SimSports Expansion Driving Growth

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 Sues SilverStone, Enermax, and their OEM for AIO CLC Patent Infringement

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.

Republic of Gamers Unveils ROG Strix LC III Series and ROG Ryujin III WB at CES

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.

Lian Li Introduces Premium CPU Coolers Powered by Asetek's Most Advanced Liquid Cooling Technology to Date

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 Products Available At Micro Center Online And Physical Stores Across The U.S.

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 ROG Announces Ryujin III All-in-One CPU Coolers with Simplified Fan Connection and Advanced Pump

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 Announces New-Generation Kraken and Kraken Elite Coolers and RGB H Series Cases

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 Reports its Q4 2022 Financial Results, Running out of Money in May 2023

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 Announces New PSUs, 12VHPWR Adapter Cable, and Glacier One T30 Gen2 AIO Cooler

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.

Phanteks at CES 2023: Polar Coolers, Glacier One AIOs and DIY Liquid, D30 Stackable Fans, Eclipse G300A Case

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 Unveils Ryuo III 360 ARGB and Ryuo III 240 ARGB AIO Coolers

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.

EVGA Announces CLX-series AIO Liquid CPU Coolers

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 Liquid Cooling Technology Powers NVIDIA GeForce RTX 3090 Ti OC Edition GPU Cooler From ASUS ROG

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.

Sycom Launches Custom RTX 3090 Ti with Asetek/Noctua Liquid Cooling

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 Announces NITRO+ S360-A and S240-A All-in-One Liquid CPU Coolers

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.

Phanteks Announces Black Glacier One 240/280/360MP Halo AIO CPU Coolers

Phanteks today announced three new additions to the Glacier One Series, Glacier 240/280/360MP Halos Black models. The Glacier One MP Halos Black models are capable of cooling powerful CPUs while operating silently. The radiator is optimized to offer a noise-performance ratio that is best-in-class with the new silent Phanteks MP fans that now have a higher maximum RPM (2000-2200 RPM).

The Glacier One MP Halos Black models features a tempered glass infinity mirror pump cap with smooth D-RGB lighting integration. The new editions of the Glacier One comes with additional HALOS D-RGB fan frames to light up the MP fans. The full cover pump cap has a low-profile design that can be mounted magnetically to the pump module to cover all mounting parts, which creates a clean and integrated appearance with the motherboard. Installation is a breeze thanks to the pre-filled all-in-one solution, excellent RAM clearance, flexible braided tubing and Phanteks Tube Clips that help route the tubing and fan cables for a clean PC interior.

Razer Unveils Top-of-the-Line PC Components—Engineered for Enthusiasts

Razer, the world's leading lifestyle brand for gamers (Hong Kong Stock Code: 1337), today unveiled the Razer Kunai, Razer Hanbo, Razer Katana, and Razer PWM Fan Controller, a new portfolio of high-performance PC components engineered for enthusiasts to build the ultimate gaming desktop. The new components will include cutting edge hydraulic case fans, all-in-one liquid coolers, a variety of industry leading platinum rated power supplies and controllers for maximum performance and customization.

The new components have been designed to meet the highest reliability standards, while also incorporating simple plug-and-play software that allows easy access to PC thermal information. The new components have been designed to meet the highest reliability standards, while also incorporating simple plug-and-play software that allows easy access to PC thermal information. Additionally, these high-performance products are enabled within Razer Synapse, and are designed with addressable RGB (aRGB) lighting to support an enhanced immersive gaming experience.

TechPowerUp Asetek ASUS ROG Strix RTX 3080 Ti LC Giveaway: The Winner!

TechPowerUp, in partnership with Asetek, brought you a rare chance to bring home a top-of-the-line ASUS ROG STRIX GeForce RTX 3080 Ti LC liquid-cooled graphics card. This card features the very best of Asetek's liquid-cooling technology, and is able the tame the beastly RTX 3080 Ti, so you can game quieter or overclock higher. The worldwide-open giveaway comes to a close, and we've picked a winner!

The Winner is Igor Precep from Serbia. Your card is shipping this week.

A Huge Congrats to you, Igor! TechPowerUp and Asetek thank you all for playing! We will return with more such interesting giveaways!

MSI Announces MEG CoreLiquid S-Series High-End AIO CPU Coolers

The MEG CORELIQUID S Series has infiltrated the MSI liquid cooler lineup to provide the ultimate in cooling that can't be heard. The sealed liquid cooling system efficiently transfers heat away from a processor to a radiator that comes in two size variants: 360 mm and 280 mm. Heat in the radiator is dissipated with the help of MSI's innovative MEG SILENT GALE Series silent gaming fans. See what you can't hear with the 2.4" IPS display that can be configured to monitor hardware information and impress onlookers.

Designed in partnership with Asetek, the global leader in liquid cooling solutions for gaming PCs and DIY enthusiasts, MSI achieves new heights with the MEG CORELIQUID S Series. This premium liquid cooler puts emphasis on silent and low-noise cooling performance while offering an enriched user experience. Asetek's 7th generation pump has both enhanced permeation resistance and increased durability. To allow for silent operation, the radiator fans and the water block fan all support Fan 0 RPM Mode. Users can adjust fan curves in the MSI Center software to have the fans cease all movement and provide absolute silence until 80 degrees Celsius on the processor.

Last Chance to Win an ASUS ROG Strix RTX 3080 Ti LC with Asetek Liquid Cooling Tech

TechPowerUp, Asetek, and ASUS, brought our readers from the European Union a unique opportunity to win a mouthwatering ASUS ROG Strix GeForce RTX 3080 Ti LC graphics card. One of the fastest graphics cards you can have right now, the Strix LC uses all-in-one liquid cooling technology by Asetek, the market leader in liquid component cooling technology across the client and enterprise markets. You have mere hours to drop in your hat, and hope for the best. Hurry!

For more information, and to participate, visit this page.
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