Thu, May 15, 2014 - Page 13 News List

Wistron reports sharp income drop

By Kevin Chen  /  Staff reporter

Inventec attributed the increase to higher contributions from its server, handheld device and solar energy product manufacturing units.

“Inventec is likely to benefit from PC replacement demand going forward, given its high exposure to commercial notebooks,” Yuanta analyst Calvin Wei (魏建發) said in a separate note yesterday.

In addition, the company’s handset shipments could reach 40 million to 45 million units this year, up from 30 million units last year, thanks to the contribution from Xiaomi Corp’s (小米) smartphone orders, Wei said.

Shares of Wistron rose 1.2 percent to NT$25.2 and those of Inventec advanced 3.04 percent to NT$27.10 in Taipei trading.

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