Hon Hai Precision Industry Co (鴻海精密), which makes Sony TVs, HP printers and Apple’s iPhones and iPads, said yesterday its sales reached NT$196.17 billion (US$6.2 billion) last month, up 53.06 percent from a year earlier.
The unconsolidated sales figure for last month was not much changed from the previous month’s level, when the Taipei-based company posted a 20-month high of NT$197.41 billion in sales.
Hon Hai didn’t elaborate on the sales results in the filing, but the company’s 0.63 percent decline month-on-month in sales was better than other Taiwanese contract makers such as Quanta Computer Inc (廣達電腦), Compal Electronics Inc (仁寶電腦) and Wistron Corp (緯創), indicating a limited impact from the eurozone debt problem and a softening US demand.
In the first seven months of the year, the world’s biggest electronics contract manufacturer saw its unaudited revenue expand 56.26 percent year-on-year to NT$1.13 trillion, the company said in the stock filing.
Credit Suisse analyst Robert Cheng (鄭勝榮) said major drivers of Hon Hai’s revenue growth in these two years would be Apple’s iPads and iPhones and its increasing notebook shipments.
He forecast the firm’s iPad shipments to reach 35 million units next year, after a total of about 13 million to 15 million units this year, while notebook shipments could amount to 19 million units next year, up from 8 million units this year.
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