Taiwan’s contract notebook computer makers are likely to see their laptop shipments contract by a sequential rate of 5 percent this quarter, because of a higher comparison base last quarter, when they posted better-than-expected shipments, UBS Securities said yesterday.
The brokerage revised its forecast downward from its previous estimate of 3 percent sequential growth for this quarter because it sees weak demand ahead after PC brands became cautious in placing orders with Taiwanese contractors, UBS analyst Patrick Chen (陳鈞寧) said in a note.
The revision came after Intel Corp on Tuesday released its results for the July-to-September quarter, which were in line with Wall Street expectations. But with some PC vendors adopting a more cautious outlook in the past weeks, Intel said it expects revenue of US$13.7 billion, plus or minus US$500 million, for this quarter, which is lower than the median estimate of US$14 billion projected by analysts.
Last quarter, major Taiwanese contract notebook makers — Quanta Computer Inc (廣達), Compal Electronics Inc (仁寶), Wistron Corp (緯創), Pegatron Corp (和碩) and Inventec Co (英業達) — collectively shipped 5 percent more laptops overseas than in the second quarter, surpassing the 3 percent forecast by UBS.
However, Chen said he remained cautious on the notebook sector this quarter because low order visibility means “downside risks” to market expectations of sequential shipment growth this quarter.
According to a report released by Taipei-based Digitimes Research on Wednesday, shipments from local notebook producers are expected to post a 5.9-percent decline this quarter from last quarter, bigger than a sequential fall of 3.2 percent for global notebook shipments, as Lenovo Group Ltd (聯想) plans to increase its in-house notebook production by 10 percentage points to 33 percent this quarter.
"Therefore, it will be a challenge for Taiwanese notebook makers to reach the goal of shipping 35 million units this quarter," Digitimes Research senior analyst Joanne Chien (簡佩萍) said in the report.
In contrast, Barclays PLC on Monday forecast that notebook shipments from the five Taiwanese contractors would grow 4 percent to 36.95 million units this quarter, although that was lower than its previous forecast of a 5 percent increase to 37.35 million units.
DEVELOPING TALENT: The electronics contractor is looking to recruit people to work in core tech fields and emerging industries like electric cars and robotics Hon Hai Precision Industry Co (鴻海精密), the world’s largest contract electronics maker, has launched a recruitment drive, offering a monthly salary of no less than NT$45,000 (US$1,485) to university graduates. For those with a master’s degree, the starting pay would be NT$52,000 per month at the minimum, while doctorate degree holders would receive at least NT$60,000 a month, Hon Hai said a statement issued early this week. The latest recruitment drive is aimed at attracting talent in core technology fields — artificial intelligence, semiconductors and next-generation mobile communications — and emerging industries — electric vehicles, digital healthcare and robotics, the
MRT TRAVEL FALLS: In February, ridership on the Taipei MRT System fell 8.96 percent from an average of 2.01 million per day in January Scooter sales jumped 13 percent last month as more commuters turned to two-wheelers to avoid public transportation amid the COVID-19 pandemic, the latest statistics showed. Sales expanded to 74,493 units last month, compared with 65,913 units in February, statistics released on Wednesday by Kwang Yang Motor Co (光陽工業) and the Ministry of Transportation and Communications showed. In the first quarter, aggregate sales slid 0.51 percent year-over-year to 186,627 units, from 187,580 units, data showed. Kwang Yang, the nation’s biggest scooter manufacturer, continued to lead the market by selling 24,136 vehicles last month, growing 6.12 percent from 20,785 units in the previous month, while
Asustek Computer Inc (華碩), the nation’s leading PC vendor, yesterday launched its first dual-screen gaming laptop powered by Intel Corp’s latest central processing units (CPUs). The PC manufacturer’s announcement closely followed the US chipmaker’s unveiling of its 10th Generation Core H-series, the fastest commercial mobile processors with speeds of up to 5 gigahertz. Although Asustek’s Zephyrus Duo 15, the highlight of its Republic of Gamers line, is not the company’s first laptop with two screens, it is its first designed specifically for gaming. Nestled between the primary display panel and the keyboard, the secondary display, which Asustek calls the ScreenPad Plus, is angled
NO ILL EFFECT: Last month’s data mainly reflected deals made in February, when the spread of COVID-19 was still relatively mild in Taiwan, housing brokers said Housing transactions in the six special municipalities totaled 19,824 units last month, up 7.8 percent from a year earlier, brokers said, citing government data. Last month’s data mainly reflected deals made in February, when the pinch of the COVID-19 pandemic was not yet evident, they said. Taoyuan posted the largest improvement, with housing transactions soaring 36.6 percent year-on-year to 3,676 units, local government data showed. Taiwan Realty Co (台灣房屋) attributed the pickup to the completion of two presale residential projects in the municipality. Houses in Taoyuan have increasingly gained in popularity in the past few year years due to relatively affordable home prices and