Razer cuts H1 loss on record sales amid lockdowns
Company expects growth in H2, driven by new products and growing services segment
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Claudia Chong
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Singapore
HONG KONG-LISTED Razer, a gaming hardware, software and services company, posted a narrower loss of US$17.3 million for the first half of 2020, compared with a loss of US$48.1 million a year ago, with the global stay-home situation having driven sales to record highs.
Revenue for the half-year ended June 30 was up 25.3 per cent to US$447.5 million on the back of better performance from the hardware business and the services business.
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