Quanta Computer Inc’s (廣達) revenue is expected to top NT$100 billion (US$3 billion) this month, driven by growing demand for Apple Inc’s Apple Watch and notebook computer products from other brands, analysts said.
“Apple Watch’s arrival in three more countries this month will surely benefit Quanta’s monthly sales performance,” a Yuanta Securities Investment Consulting Co (元大投顧) analyst said by telephone.
Given that Quanta is the sole assembler for Apple Watch, the ramp-up in production from last month and the increasing exposure of the smartwatch worldwide will buoy the firm’s revenue, said the analyst, who declined to be named.
Apple on Friday launched the watch in Austria, Denmark and Ireland, making for a total of 25 countries since the watch hit the market on April 24.
The company on Friday said the timepiece will be go on sale in Belgium, Finland, Norway, Luxembourg and Poland on Oct. 9.
Quanta declined to disclose the shipment figures for Apple Watch.
According to International Data Corp’s statistics, Apple sold 3.6 million units of the watch in the second quarter of this year.
E.Sun Investment Consulting Co (玉山投顧) estimates shipments of Apple Watch will jump 25 percent quarterly to 4.5 million units this quarter.
“We expect the Apple Watch shipments to continue climbing next quarter because of the upcoming Christmas holiday. The annual shipments of Apple Watch could reach 13.2 million units,” E.Sun analyst Keting Chen (陳科廷) said in a note released on Sept. 17.
Notebook computers remain Quanta’s major revenue source, making up 65 of total sales, and Chen expects its notebook shipments to increase this month over last month’s 4.1 million, benefiting from demand for new products that run Intel Corp’s Skylake processor.
“Quanta’s notebook shipments rose 28 percent monthly to 4.1 million in August, and we expect the growth momentum to extend into this month to 4.4 million units,” Chen said.
He said Quanta’s notebook shipments might climb 8.41 percent to 11.6 million units this quarter from last quarter’s 10.7 million units.
Quanta earlier guided a low single-digit percentage increase in notebook shipments for this quarter, citing uncertainty about the stimulus from Microsoft Corp’s new Windows 10 operating system.
Yuanta also expects higher notebook shipments for Quanta this quarter and consequently a larger revenue contribution to the company.
As cumulative revenue for July and last month totaled NT$174.56 billion, and revenue this month may exceed NT$100 billion, Quanta’s revenue for this quarter is expected to grow more than 7 percent from last quarter, Yuanta said, compared with market consensus estimates of 9 percent.
Quanta shares fell 0.7 percent to NT$57.1 in Taipei trading on Friday.
DAMAGE REPORT: Global central banks are assessing war-driven inflation risks as the law of unintended consequences careens around the world, spiking oil prices Central banks from Washington to London and from Jakarta to Taipei are about to make their first assessments of economic damage after more than two weeks of conflict between the US and Iran. Decisions this week encompassing every member of the G7 and eight of the world’s 10 most-traded currency jurisdictions are likely to confirm to investors that the specter of a new inflation shock is already worrying enough to prompt heightened caution. The US Federal Reserve is widely expected to do exactly what everyone anticipated weeks ahead of its March 17-18 policy gathering: hold rates steady. The narrative surrounding that
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) share of the global foundry market rose to almost 70 percent last year amid booming demand for artificial intelligence (AI), market information advisory firm TrendForce Corp (集邦科技) said on Thursday. The contract chipmaker posted US$122.54 billion in revenue, up 36.1 percent from a year earlier, accounting for 69.9 percent of the global market, TrendForce said. Its share was up from 64.4 percent in 2024, it said. TSMC’s closest rival, Samsung Electronics, was a distant second, posting US$12.63 billion in sales, down 3.9 percent from a year earlier, for a 7.2 percent share of the global market. In the
HEADWINDS: The company said it expects its computer business, as well as consumer electronics and communications segments to see revenue declines due to seasonality Pegatron Corp (和碩) yesterday said it aims to grow its artificial intelligence (AI) server revenue more than 10-fold this year from last year, driven by orders from neocloud solutions clients and large cloud service providers. The electronics manufacturing service provider said AI server revenue growth would be driven primarily by the Nvidia Corp GB300 server platform. Server shipments are expected to increase each quarter this year, with the second half likely to outperform the first half, it said. The AI server market is expected to broaden this year as more inference applications emerge, which would drive demand for system-on-chip, application-specific integrated circuits
At a massive shipyard in North Vancouver, Canadian workers grind metal beams for a powerful new icebreaker crucial to cementing the country’s presence in the increasingly contested arctic. Icebreakers are specialized, expensive vessels able to navigate in the frozen far north. And “this is the crown jewel,” said Eddie Schehr, vice president of production at the Seaspan shipyard. For Canadian Prime Minister Mark Carney, who heads to Norway next Friday to observe arctic defense drills involving troops from 14 NATO states, Canada’s extreme north has emerged as a strategic priority. “Canada is and forever will be an Arctic nation,” he said ahead of
RSS