Sat, Jun 09, 2012 - Page 12 News List

Pegatron posts record sales last month

By Kevin Chen  /  Staff reporter

Local contract notebook maker Pegatron Corp (和碩) posted record sales last month, boosted by double-digit growth in shipments of communications and consumer electronics products.

Pegatron, a manufacturing spinoff of Asustek Computer Inc (華碩), reported a 7.87 percent month-on-month growth in revenue last month to NT$62.46 billion (US$2.08 billion) from NT$57.9 billion on a consolidated basis, a jump of 107.6 percent from a year ago.

In the January-to-May period, accumulated revenue totaled NT$265.2 billion, up 89 percent year-on-year, Pegatron said in a statement.

The company said revenue of communication products rose 28 percent last month from April and consumer electronics items increased 19 percent from the previous month, but saw its sales of computer-related products — such as notebooks, netbooks and tablets — show a single-digit decline last month, with shipments falling to 1.8 million units to 1.9 million units from 2 million units recorded in the previous month, it added.

Last month, Pegatron told an investor conference that it expects notebook shipments from this quarter to increase by between 30 percent and 35 percent from the first quarter.

Shares of Pegatron dropped 0.75 percent to NT$42 yesterday on the Taiwan Stock Exchange. The stock has increased 27.47 percent so far this year, versus a decline of 1.02 percent of the TAIEX over the period.

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