A recent report from Digitimes claims that Gigabyte Technology is facing weak GPU and Motherboard demand in 2019. As a consequence, they're allegedly "planning to cut its sales and marketing expenses for 2019 and will axe 5-10% of its personnel in the first half of 2019." The "market observers" claim that Gigabyte's motherboard business will be the primary target of the layoffs, and that there are no plans to reduce the workforce in the graphics card division. Facing the same grim market forecasts, Asus and MSI have also "tightened up control of their expenses." though a previous report claims that they won't be hit as hard as Gigabyte, Biostar and ECS. Gigabyte shipped around 2.2 million motherboards in the fourth quarter of 2018, with its 2018 motherboard shipments reaching 11.45 million units, down from 2017's 12.6 million and 2016's 16 million. For 2019, Gigabyte is expected to focus on maintaining its volumes at above 10 million units. Gigabyte shipped around 3.5 million graphics cards in 2016 and 4.8 million units in 2017 thanks to strong contribution from cryptocurrency mining demand. In 2018, the shipments had been sliding every quarter, dropping from the first quarter's 1.2 million to the second quarter's 850,000, the third quarter's 750,000 and the fourth quarter's 700,000, returning Gigabyte's annual shipments in 2018 back to the level of 2016 at around 3.5 million units.