Local contract notebook maker Pegatron Corp (和碩) posted record sales last month, boosted by double-digit growth in shipments of communications and consumer electronics products.
Pegatron, a manufacturing spinoff of Asustek Computer Inc (華碩), reported a 7.87 percent month-on-month growth in revenue last month to NT$62.46 billion (US$2.08 billion) from NT$57.9 billion on a consolidated basis, a jump of 107.6 percent from a year ago.
In the January-to-May period, accumulated revenue totaled NT$265.2 billion, up 89 percent year-on-year, Pegatron said in a statement.
The company said revenue of communication products rose 28 percent last month from April and consumer electronics items increased 19 percent from the previous month, but saw its sales of computer-related products — such as notebooks, netbooks and tablets — show a single-digit decline last month, with shipments falling to 1.8 million units to 1.9 million units from 2 million units recorded in the previous month, it added.
Last month, Pegatron told an investor conference that it expects notebook shipments from this quarter to increase by between 30 percent and 35 percent from the first quarter.
Shares of Pegatron dropped 0.75 percent to NT$42 yesterday on the Taiwan Stock Exchange. The stock has increased 27.47 percent so far this year, versus a decline of 1.02 percent of the TAIEX over the period.
Elon Musk’s lieutenants have reached out to chip industry suppliers, including Applied Materials Inc, Tokyo Electron Ltd and Lam Research Corp, for his envisioned Terafab, early steps in an audacious and likely arduous attempt to break into the production of cutting-edge chips. Staff working for the joint venture between Tesla Inc and Space Exploration Technologies Corp (SpaceX) have sought price quotes and delivery times for an array of chipmaking gear, people familiar with the matter said. In past weeks, they’ve contacted makers of photomasks, substrates, etchers, depositors, cleaning devices, testers and other tools, according to the people, who asked not to
Taichung reported the steepest fall in completed home prices among the six special municipalities in the first quarter of this year, data compiled by Taiwan Realty Co (台灣房屋) showed yesterday. From January through last month, the average transaction price for completed homes in Taichung fell 8 percent from a year earlier to NT$299,000 (US$9,483) per ping (3.3m²), said Taiwan Realty, which compiled the data based on the government’s price registration platform. The decline could be attributed to many home buyers choosing relatively affordable used homes to live in themselves, instead of newly built homes in the city’s prime property market, Taiwan Realty
JET JUICE: The war on Iran’s secondary effects have seen fuel prices skyrocket, knocking flight schedules down to earth in return as airlines struggle with costs Airline passengers should brace for more irritation in the next few months as carriers worldwide cancel flights and ground planes to cope with stratospheric increases in jet-fuel prices. Dutch flag carrier KLM is the latest company to cut its schedule, saying on Thursday that it would scrap 80 return flights at Amsterdam’s Schiphol Airport in the coming month. That puts it in the same league as United Airlines Holdings Inc, Deutsche Lufthansa AG and Cathay Pacific Airways Ltd, which have all pruned itineraries to mitigate costs. Global capacity for next month has been reduced by about 3 percentage points, with all
The government yesterday approved applications by Alphabet Inc’s Google to invest NT$27.08 billion (US$859.98 million) in Taiwan, the Ministry of Economic Affairs said in a statement. The Department of Investment Review approved two investments proposed by Google, with much of the funds to be used for data processing and electronic information supply services, as well as inventory procurement businesses in the semiconductor field, the ministry said. It marks the second consecutive year that Google has applied to increase its investment in Taiwan. Google plans to infuse NT$25.34 billion into Charter Investments Ltd (特許投資顧問) through its Singapore-based subsidiary Fructan Holdings Singapore Pte Ltd, and