Wed, May 09, 2012 - Page 11 News List

Quanta, Wistron report drop in April computer sales

By Kevin Chen  /  Staff reporter

Quanta Computer Inc (廣達), the world’s largest contract notebook computer maker, and its smaller rival, Wistron Corp (緯創), yesterday both reported declines in consolidated revenues last month.

However, the two companies said they expected performance to improve in the coming months.

Quanta’s consolidated revenue last month reached NT$68.03 billion (US$2.32 billion), down 10.8 percent month-on-month and 25.7 percent year-on-year, mainly because of lower laptop shipments due to product transition, it said in a statement.

The company said notebook shipments fell 18.37 percent to 4 million units last month. Revenue for the first four months was down 14.6 percent to NT$292.65 billion on an annual basis, it said.

Meanwhile, Quanta said in a filing to the Taiwan Stock Exchange that its board yesterday approved a plan to pay shareholders a cash dividend of NT$4 per share based on last year’s earnings.

With the company’s stock price closing at NT$81.9 yesterday on the stock exchange, the proposed cash dividend translates into a dividend yield of 4.88 percent, higher than local banks’ fixed-term deposit interest rates.

Wistron said its consolidated revenue reached NT$52.14 billion last month, down 23.93 percent month-on-month but up 6.88 percent year-on-year.

Wistron, which also sells LCD TVs, desktops, smart handhelds and LCD monitors, said its total sales between January and last month rose 23.13 percent to NT$229.11 billion from the previous year.

Shares of Wistron fell 0.38 percent to NT$36.28 before the release of its monthly results.

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