Hon Hai Precision Industry Co (鴻海), which makes iPhones and iPads for Apple Inc, remained the world’s second-largest smartphone assembler for the second quarter, according to market information advisory firm International Data Corp (IDC).
IDC cited a survey showing that Hon Hai’s position remained unchanged from the first quarter, while South Korea’s Samsung Electronics Co Ltd took first place in the global smartphone assembler list during the April-June period, also unchanged from a quarter earlier.
Hon Hai, the world’s largest contract electronics maker, has built a broad production base worldwide, particularly in China, where the firm employs more than 1 million workers to assemble devices for international brands.
The Taiwanese manufacturing giant has gone beyond its prevailing production base in China and has extended its production lines to India. According to media reports, Hon Hai has teamed up with Chinese smartphone vendors such as Xiaomi Inc (小米), Oppo Mobile Telecommunications Corp (歐珀移動) and Gionee Communication Equipment Co Ltd (金立) to roll out smartphones under these brands in the subcontinent.
The IDC survey showed that Pegatron Corp (和碩), another Taiwanese contract electronics maker, ranked as the world’s fourth-largest smartphone assembler in the second quarter.
South Korea’s LG Electronics Inc rose one notch to replace Pegatron to become the world’s third-largest smartphone assembler, the survey indicated.
Taiwanese contract manufacturer Inventec Corp (英業達) took ninth place in the second quarter, moving up from 10th place in the first quarter, IDC said.
In an earlier report, IDC said that global smartphone shipments are expected to grow 10.4 percent year-on-year this year to 1.44 billion units, marking a sharp decline from a 27.5 percent rise seen last year, as growth in the China market showed signs of moderating.
In China, the top five smartphone assemblers in the second quarter were Huaqin Telecom Technology Co (華勤通訊技術), Wingtech Group Ltd (聞泰通訊), Tinno Mobile Technology Co (天瓏移動), BYD Co Ltd (比亞迪) and Longcheer Holdings Ltd (龍旗), the IDC survey showed.
BUSINESS UPDATE: The iPhone assembler said operations outlook is expected to show quarter-on-quarter and year-on-year growth for the second quarter Hon Hai Precision Industry Co (鴻海精密) yesterday reported strong growth in sales last month, potentially raising expectations for iPhone sales while artificial intelligence (AI)-related business booms. The company, which assembles the majority of Apple Inc’s smartphones, reported a 19.03 percent rise in monthly sales to NT$510.9 billion (US$15.78 billion), from NT$429.22 billion in the same period last year. On a monthly basis, sales rose 14.16 percent, it said. The company in a statement said that last month’s revenue was a record-breaking April performance. Hon Hai, known also as Foxconn Technology Group (富士康科技集團), assembles most iPhones, but the company is diversifying its business to
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