Fri, Jun 28, 2013 - Page 14 News List

UBS upbeat on low-cost phones

CHEAP IS CHEERFUL:UBS Securities was bearish on premier mobile devices and PC shipments, but said the outlook for low-priced mobile devices is much more rosy

By Crystal Hsu  /  Staff reporter

Arthur Hsieh (謝宗文), chief electronics and hardware analyst at UBS Securities, said the earnings outlook for PC makers remains bleak in the near term, as an increase in tablet shipments may not offset the decline in the sales of laptops.

That is because PC firms have to sell four tablets to cover the losses caused by the loss of a single laptop shipment, Hsieh said.

Additional reporting by Kevin Chen

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