Tue, Apr 10, 2012 - Page 12 News List

Quanta Q1 revenue dropped, Wistron overtakes Compal

By Kevin Chen  /  Staff reporter

Quanta Computer Inc (廣達), the world’s largest maker of notebook computers, yesterday said first-quarter revenue declined 24 percent from the previous quarter and was 10.61 percent lower than a year earlier, citing seasonality factors and product-mix adjustments.

Consolidated revenue in the January-to-March period totaled NT$224.62 billion (US$7.6 billion), compared with NT$295.57 billion in the previous three months and NT$251.29 billion a year earlier, the company said in a statement.

Notebook shipments totaled 13.2 million units in the first quarter, a decline of about 5 percent from the previous quarter, but still better than the company’s forecast of a quarterly drop of 10 to 15 percent. The numbers were also higher than the 11 million units it shipped during the same period last year, company data showed.

Quanta has been adjusting its product mix in recent years, increasing its focus on higher-margin products, such as servers and cloud technology-based items, as the company looked to improve its bottom line in the face of fierce competition in the low-margin global PC market.

Meanwhile, rising shipments of notebooks not only pushed up the first-quarter revenue of Wistron Corp (緯創) from the year before, but they also helped the firm replace Compal Electronics Inc (仁寶) as the world’s second-largest contract notebook manufacturer, according to data released by the two companies yesterday.

Wistron posted NT$176.97 billion in consolidated revenue in the first three months, up 28.91 percent from a year earlier, but down 9.36 percent from the previous quarter, its statement showed.

Compal’s first-quarter sales dropped 5.85 percent year-on-year and 6.83 percent quarter-on-quarter to NT$161.07 billion, the company said in statement.

In terms of notebook shipments, Wistron sold 8.5 million units in the quarter, down 9.6 percent quarter-on-quarter, but higher than Compal’s 8.1 million units, which were down 8.4 percent from the previous quarter, according to their statements.

Smaller PC maker Pegatron Corp (和碩), a manufacturing spin-off of Asustek Computer Inc (華碩), said yesterday first-quarter revenue rose 75 percent from a year ago to NT$144.86 billion.

Compared with the fourth quarter of last year, consolidated revenue was down 1.6 percent, it said in a press release.

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