Sat, Oct 08, 2011 - Page 12 News List

Wistron revenue rises on growing laptop shipments

By Crystal Hsu  /  Staff Reporter

Wistron Corp (緯創), the nation’s third-largest contract notebook computer maker, saw its revenue grow 22.38 percent last month to NT$63.32 billion (US$2.08 billion), helped by growing laptop shipments, a company executive said yesterday.

Notebook shipments last month increased 28 percent month-on-month to 3.2 million units, their highest level this year, on recovering demand, Wistron public relations director Joyce Chou (周文玲) said by telephone.

Wistron expects growth momentum to extend into the current quarter, Chou said.

As visibility improves, Wistron forecast that notebook shipments would grow 5 percent this quarter from 8.1 million units last quarter, Chou said.

“The outlook is rosier than we earlier expected,” Chou said.

Last quarter, notebook shipments rose 8.7 percent from three months earlier, the slow season for technology companies, Wistron data showed.

“We’re confident of achieving our full-year notebook shipments target of 30 million units,” she said.

July-to-September revenues totaled NT$166.62 billion, 4.5 percent higher than the NT$159.45 billion posted in the preceding quarter and up 2.76 percent from NT$148.92 bilion a year ago.

The figures reflected healthy demand for notebook computers and clear market segmentation between notebook and tablet PC products, Chou said.

Wistron shares inched up 0.59 percent to close at NT$34.30 yesterday, underperforming the TAIEX’s 1.12 percent rally, as funds flowed to financial shares amid easing concerns about the eurozone debt crisis.

Shares in its bigger rival, Compal Electronics Inc (仁寶電腦), advanced 0.18 percent to NT$27.50, while shares in Quanta Computer Inc (廣達電腦), the world’s largest contract laptop maker, edged down 0.17 percent to NT$59.60.

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