Tue, Sep 11, 2012 - Page 14 News List

Hon Hai reports decline in unconsolidated revenue

By Kevin Chen  /  Staff reporter

Hon Hai Precision Industry Co (鴻海), which assembles Apple Inc’s iPads and iPhones, yesterday reported that its unconsolidated revenue last month declined 10.5 percent from a month ago to the lowest level in 11 months.

Revenue was NT$222.31 billion (US$7.48 billion), compared with NT$248.69 billion in July, the Tucheng (土城), New Taipei City-based (新北市) company said in a statement.

Last month’s result was lower than the market had forecast as the company was expected to report rising sales because it was gearing up to assemble a new version of the iPhone for its US customer base to launch this week. Hon Hai did not elaborate on the monthly decline in the statement.

Compared with NT$214.43 billion in August last year, sales were up 3.68 percent, according to Hon Hai, which also manufactures TVs for Sony Corp and printers for Hewlett-Packard Co.

For the first eight months, the company’s unconsolidated revenues totaled NT$1.99 trillion, up 21.99 percent year-on-year, the statement showed.

Pegatron Corp (和碩), another system assembler of iPads and iPhones, yesterday reported its consolidated revenue for last month dropped from a month earlier, but was higher than a year ago.

Pegatron, which also manufactures notebooks for Asustek Computer Inc (華碩), Acer Inc (宏碁) and Toshiba Corp, said its revenue last month fell 7.8 percent month-on-month to NT$58.75 billion, while it was up 26 percent from a year earlier.

The Guandu (關渡), Taipei City-based company attributed the monthly decline to a double-digit percentage fall in revenue from its computing segment and a low single-digit percentage fall in the communications segment.

However, the consumer electronics segment increased by a high single-digit percentage from July, Pegatron said.

Cumulative revenue in the first eight months of the year were up 60 percent to NT$453.52 billion, Pegatron said.

Also, lower-than-expected shipments of notebooks pushed down the revenues of Wistron Corp (緯創), the world’s third-biggest contract laptop maker, for last month.

The Hsinchu-based company posted NT$46.06 billion in consolidated sales, down 5.68 percent from a month earlier and 10.97 percent lower from a year earlier, the company said in a statement.

Notebook shipments dropped 150,000 units from a month earlier to total 2.2 million last month, with shipments of desktop PCs and LCD monitors also going down, while those of LCD TVs, hand-held devices and servers increased from July, the company said.

This story has been viewed 2307 times.

Comments will be moderated. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned.

TOP top