Quanta enjoys shipments growth in ‘slow season’

By Helen Ku  /  Staff reporter

Thu, Jul 11, 2013 - Page 13

Quanta Computer Inc (廣達), the world’s top contract laptop maker, yesterday reported better-than-expected revenue for the second quarter, supported by rising shipments of notebooks and tablets running Google Inc’s Android operating system.

The company’s consolidated revenue for the quarter from April to last month fell 3.18 percent to NT$191.02 billion (US$6.36 billion) from NT$197.3 billion in the previous quarter, stronger than the company’s guidance of a 5 percent sequential decline during the traditionally slow quarter.

“We shipped 10.3 million laptops last quarter, which represents growth of 6.1 percent from about 9.7 million units shipped in the first quarter,” Quanta investor relations executive Alai Chiu (邱珮倫) said by telephone.

“The company’s quarter-on-quarter growth is better than expected, especially as traditional PCs are getting squeezed by tablet sales,” Chiu added.

However, compared with the 13 million notebooks shipped in the second quarter of last year, last quarter’s shipments still shrank by 20.7 percent year-on-year.

For the first half of the year, accumulated consolidated revenue dropped 18 percent to NT$388.32 billion from NT$473.74 billion a year earlier due to structural changes in the global PC market.

With new products running Microsoft Corp’s Windows 8.1 operating system and equipped with Intel Corp’s Haswell chip to be shipped from this quarter, Chiu said Quanta’s consolidated revenue is expected to pick up and achieve quarter-on-quarter growth through the year.

Chiu said the company’s annual sales this year would remain flattish from last year, as recent analyses by brokerages and market researchers showed shipments of traditional desktop and notebook PCs are set to fall by a double-digit percentage this year.

Meanwhile, Compal Electronics Inc (仁寶電腦), the world’s second-largest contract laptop maker by shipments, on Monday posted a less than 1 percent decline in consolidated revenue for last quarter.

Compal generated NT$166.81 billion in sales during the quarter from April to last month, slightly lower than NT$167.55 billion in the first three months.

In line with the company’s forecast, second-quarter PC shipments dropped 2.7 percent to 10.7 million units from 11 million units in the first quarter, the company said.

In the first six months, Compal’s accumulated revenue grew 2.36 percent to NT$334.37 billion from NT$283.91 billion a year earlier, while total shipments grew 19 percent to 21.7 million units year-on-year, the company said.