Monday, July 25th 2022
Corsair Expects Losses to Reach $11 Million for 2Q 2022
Corsair, one of the world's leading PC component brands, is being hit hard by macroeconomics and consumers' choice - and sometimes need - to keep more dollars in their pockets. According to its own internal accounting, the company has announced that it expects between $10 and $11 million dollars in losses for 2Q 2022 (April-June) throughout its business. Remember that this isn't a case of a company being too specific in its product line and taking the heat from it; Corsair has one of the most diverse lineups in PC components, ranging from memory, water and air cooling, SSDs, peripherals, and even monitors.
Not unlike other businesses, which have seen inventory levels soar on account of much lower than expected sales, Corsair too has seen its warehouses starting to fill up - not unlike the company's financials, there's less and less oxygen within its warehouses as inventory piles up. Corsair did say it expects business to pick up considerably in the third quarter, as it has seen an uptick in enthusiast-level PC gaming sales (likely spurred by the dropping prices of GPUs as miners dump their graphics cards in expectation of Ethereum's Merge event, set for September). The increase in sales leads the company to believe it will achieve a 35% YoY (year-over-year) growth throughout the second half of 2022, which will hopefully be enough to push the company back above the red line.
Source:
via TechSpot
Not unlike other businesses, which have seen inventory levels soar on account of much lower than expected sales, Corsair too has seen its warehouses starting to fill up - not unlike the company's financials, there's less and less oxygen within its warehouses as inventory piles up. Corsair did say it expects business to pick up considerably in the third quarter, as it has seen an uptick in enthusiast-level PC gaming sales (likely spurred by the dropping prices of GPUs as miners dump their graphics cards in expectation of Ethereum's Merge event, set for September). The increase in sales leads the company to believe it will achieve a 35% YoY (year-over-year) growth throughout the second half of 2022, which will hopefully be enough to push the company back above the red line.
54 Comments on Corsair Expects Losses to Reach $11 Million for 2Q 2022
Their power supplies are typically made by CWT, etc.
Their Keyboards - switches are made by cherry or others, do they have an actual keyboard factory?
Their Monitors - Panels are LG, Samsung, AUO
Their Ram - chips and pcbs by others
Easy rma unfortunately for them it's probably catching up to them plus overpriced products
Software wise they have always been terrible icue is just the latest vdware.
I still like their ml series fans but they jacked the prices up so.
There are only so many PSU design and manufacturing companies, but at least companies like Corsair and Cooler Master gets involved in the design and do their own customisations of standard PSU designs, unlike a lot of the cheaper brands.
I guess you missed that Corsair made their own optical switches? And yes, Corsair does actually have its own assembly fabs.
And you expect every monitor brand to make their own panels? Do you have any idea what it costs to build a fab for that?
Corsair makes their own PCBs and have their own assembly in Taiwan. Not even Kingston, which is about 100x bigger in the DRAM module space, makes their own RAM chips, because fabs are expensive.
I really don't get your complaints here. But go on, hate some more on a company that does exactly the same as all of its competitors.
You have your LL120 fans connected to a corsair RGB hub, connected to your motherboard.No it's a "Lying about how it's connected" thing that's driven me nuts in several threads.Open a program that uses the mic, with a corsair headsets mic as the active input (like discord) and watch iCue and the windows audio service balloon
This is iCue + LGHUB, since i noticed both do this after they integrated Nv broadcast - i lost my seperate screenshots in another thread somewhere
The fans would still work connected to the board, with or without the hub, it is a dumb device that is just serially connecting the fans. Is it because it has corsair on it you don't get it? All the fans are is strips of 5050 leds, they do not need the corsair RGB controller to make them work, or the hub, you could connect a single fan to a 3 pin connector on yyour board and it would work fine. How would you connect 3? by serially connecting them together, which is what the hub does.
From MouseReview/comments/tjiysr"I have soldered kailh (2.0, 8.0) , Huano (blue shell blue dots), and TTC gold (gold pink, 30m, 80m). From my experience the 80m are very tactile and louder than the 8.0. The 8.0 are less tactile but very snappy.
The 8.0 are easy to spam and on the 80m give a very good feedback. Hope that helps in some way !"
BTW, I forgot to mention Corsair has a mouse with optical switches, so no double-click.
www.corsair.com/us/en/Categories/Products/Gaming-Mice/FPS-Fast-Action-Mice/M65-RGB-ULTRA-WIRELESS-Tunable-FPS-Gaming-Mouse/p/CH-9319411-NA2
www.corsair.com/us/en/Categories/Products/Gaming-Mice/FPS-Fast-Action-Mice/M65-RGB-ULTRA-WIRELESS-Tunable-FPS-Gaming-Mouse/p/CH-9319411-NA2
I think it has already been discussed, when you go for ease of use, interchangeable parts, manufacturing becomes a lot more expensive, so product also gets a lot more expensive. It was avoidable if they weren't greedy.
My view anyway.
Corsair Good:
- Power Supplies (the reason I decided to try other Corsair products)
- RAM (although perhaps not for OC)
- Commander Pro (hardware control for lighting and fans when iCue is not running)
- Strafe RGB MK.2 keyboard (the USB port on the keyboard was a big plus for me)
- LL Series Fans (but not the price)
- Light strips
Corsair Bad:
- iCue Software Issues
- Headset microphones weak (need Equalizer APO to fix)
- Headset RGB (can't turnoff without iCue running)
- Early GPU water blocks with the leaking problem
Easy to spot, because icue wont show voltage readings any more.
The easy fix is to disable the corsair/asetek setting in HWinfo, but that stops you reading those readings