Hon Hai Precision again topped the list of the 10 largest private manufacturers in Taiwan in 2006, with revenues of NT$ 868.3 billion (US$ 27.1 billion at NT$ 32:US$ 1). ASUS climbed two notches (nudging past Formosa Petrochemical and Quanta Computer) to second place with NT$ 541.9 billion (US$ 16.9 billion), thanks largely to its policy of product diversification. In addition to being the world`s largest motherboard manufacturer, ASUS also recorded strong performance in other areas such as notebook PCs, graphic cards, and game consoles, bringing its revenue growth to 52%--the highest rate among the top 10.