Shares of Quanta Computer Inc (廣達電腦) rose yesterday in the wake of news reports that it is manufacturing iPhones for Apple, with shipments starting in September.
The world's biggest contract maker of notebook computers, Quanta counts Dell Inc and Hewlett-Packard Co among its major clients.
Its share price inched up 0.4 percent to close at NT$50.8 on the Taiwan Stock Exchange yesterday.
Two local business dailies, the Commercial Times and the Economic Daily News, yesterday reported that Quanta will make its first delivery in September, sharing the order with the first appointed iPhone assembler, Hon Hai Precision Industry Co (
The reports added that Quanta's shipments of iPhones would soar to 5 million next year.
However, Vincent Chen (陳豊丰), a research analyst with the investment banking house CLSA Ltd., dismissed the reports.
"We have checked with our industry contact and confirmed that Hon Hai is still doing the iPhone order," Chen wrote in a research note yesterday.
What Quanta is working on is the next iPod model with wireless local area network (WLAN), not the iPhone, he said.
"An order of 5 million units is too big to be true [considering] the challenge Hon Hai is currently facing in raising production yields [for the iPhone]," he wrote.
In a filing to the stock exchange, Quanta refused to comment, citing client confidentiality, but said it was aggressively pursuing new orders to boost the company's sales growth.
Some industry watchers are skeptical about the hype surrounding the iPhone, which is scheduled to debut in the US late next month.
"Apple is targeting to sell 10 million iPhones next year. The figure is only 1 percent of the world's total handset sales," Shiv Bakhshi, an International Data Corp analyst, said at a forum yesterday.
The iPhone may revolutionize the user interface, look and feel of the tele phone, but it might not live up to expectations of being a "market killer," he added.
Quanta has been expanding its production capacity to boost mobile phone and video-music player manufacturing on a contract basis.
DAMAGE REPORT: Global central banks are assessing war-driven inflation risks as the law of unintended consequences careens around the world, spiking oil prices Central banks from Washington to London and from Jakarta to Taipei are about to make their first assessments of economic damage after more than two weeks of conflict between the US and Iran. Decisions this week encompassing every member of the G7 and eight of the world’s 10 most-traded currency jurisdictions are likely to confirm to investors that the specter of a new inflation shock is already worrying enough to prompt heightened caution. The US Federal Reserve is widely expected to do exactly what everyone anticipated weeks ahead of its March 17-18 policy gathering: hold rates steady. The narrative surrounding that
Apple Inc increased iPhone production in India by about 53 percent last year and now makes a quarter of its marquee devices there, reflecting the US company’s efforts to avoid tariffs on China. The company assembled about 55 million iPhones in India last year, up from 36 million a year earlier, people familiar with the matter said, asking not to be named because the numbers aren’t public. Apple makes about 220 million to 230 million iPhones a year globally, with India’s share of the total increasing rapidly. Apple has accelerated its expansion in the world’s most populous country in recent years, bolstered
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) share of the global foundry market rose to almost 70 percent last year amid booming demand for artificial intelligence (AI), market information advisory firm TrendForce Corp (集邦科技) said on Thursday. The contract chipmaker posted US$122.54 billion in revenue, up 36.1 percent from a year earlier, accounting for 69.9 percent of the global market, TrendForce said. Its share was up from 64.4 percent in 2024, it said. TSMC’s closest rival, Samsung Electronics, was a distant second, posting US$12.63 billion in sales, down 3.9 percent from a year earlier, for a 7.2 percent share of the global market. In the
HEADWINDS: The company said it expects its computer business, as well as consumer electronics and communications segments to see revenue declines due to seasonality Pegatron Corp (和碩) yesterday said it aims to grow its artificial intelligence (AI) server revenue more than 10-fold this year from last year, driven by orders from neocloud solutions clients and large cloud service providers. The electronics manufacturing service provider said AI server revenue growth would be driven primarily by the Nvidia Corp GB300 server platform. Server shipments are expected to increase each quarter this year, with the second half likely to outperform the first half, it said. The AI server market is expected to broaden this year as more inference applications emerge, which would drive demand for system-on-chip, application-specific integrated circuits
RSS