Sat, Aug 08, 2015 - Page 14 News List

Inventec expects higher shipments

By Lauly Li  /  Staff reporter

Electronics contract manufacturer Inventec Corp (英業達), which assembles Xiaomi Inc (小米) products, yesterday said it expects higher shipments this quarter on higher order allocation from major clients for smartphones, PCs and servers.

“PCs shipments, including tablet products, are expected to grow by a double-digit percentage from last quarter, fueled by clients’ demand for notebook computers and tablets during the traditional peak season this quarter,” Inventec chief financial officer Yu Chin-pao (游進寶) told reporters.

Shipments for mobile devices this quarter will grow “significantly” from last quarter, he added.

Inventec’s PC shipment guidance is more optimistic than its domestic peers, as the company benefits from its market share gain regardless of the economy.

Its domestic peers, including Wistron Corp (緯創), Compal Electronics Co (仁寶電腦), Quanta Computer Inc (廣達) and Pegatron Corp (和碩), in June provided conservative shipment outlook for this quarter despite Microsoft Corp’s launch of its new operating system at the end of last month.

Inventec is to hold an investors’ conference on Tuesday next week to deliver its financial results for last quarter and details of its business outlook for this quarter.

Yu said that the growth momentum can be seen from last month’s strong revenue results, driven by improved shipments of tablet products and commercial notebook models.

Revenue last month grew 3.23 percent to NT$32.21 billion (US$1.01 billion) from the previous month’s NT$31.2 billion, but dropped 3.15 percent from NT$33.26 billion a year earlier, Inventec said in a filing with the Taiwan Stock Exchange.

In the first seven months, cumulative revenue dropped 16.73 percent annually to NT$212.2 billion, the filing showed.

Inventec shares increased 3.73 percent to NT$16.65 in Taipei trading yesterday, outperforming the TAIEX’s 0.09 percent drop.

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