Quanta Computer Inc (廣達) and Acer Inc (宏碁) yesterday reported strong monthly growth in revenues last month, driven by growing demand for notebook computers.
Revenue of Quanta, which assembles Apple Inc’s 12-inch MacBook and Apple Watch, increased 8.7 percent monthly to NT$90.93 billion (US$2.77 billion) last month, marking the second-highest monthly sales this year.
Quanta said shipments of its notebook computers, which accounted for 60 percent of the firm’s total revenue, jumped 28.12 percent monthly to 4.1 million units last month, compared with 3.2 million units in July.
The company said notebook shipments this month would be flat from last month but expects shipments this quarter to exceed its previous forecast.
“We previously forecast this quarter’s shipments to grow 5 percent at most from last quarter’s 10.7 million units, but now we think shipments may outpace our previous estimate,” said a company official, who declined to be named.
On an annual basis, Quanta’s sales last month rose 11.9 percent from NT$81.25 billion a year ago, thanks mainly to contribution from the company’s cloud-computing business and sales from the assembling business for the Apple Watch, which hit the market at the end of April.
Quanta expects sales contribution from the non-notebook business to continue to rise in the second half of the year, after they accounted for 25 percent of the firm’s total revenue of NT$251 billion last quarter, the official said.
The official declined to provide shipment figures of its wearable products.
Acer’s sales last month dropped 29.66 percent from a year ago, but jumped 24.34 percent to NT$20.99 billion from July, the company said yesterday.
The company did not provide shipment figures for its notebook computers, which contributed 53 percent to its total sales last month.
Taipei-based market research group Digitimes Research said on Sunday that Acer’s notebook shipment last month jumped 40 percent from July, thanks to decreasing inventories and retailers’ shipment requests for traditional peak season.
Quanta shares rose 2.8 percent to NT$62.5 yesterday, while Acer shares advanced 3.33 percent to NT$13.95.
BIG BUCKS: Chairman Wei is expected to receive NT$34.12 million on a proposed NT$5 cash dividend plan, while the National Development Fund would get NT$8.27 billion Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, yesterday announced that its board of directors approved US$15.25 billion in capital appropriations for long-term expansion to meet growing demand. The funds are to be used for installing advanced technology and packaging capacity, expanding mature and specialty technology, and constructing fabs with facility systems, TSMC said in a statement. The board also approved a proposal to distribute a NT$5 cash dividend per share, based on first-quarter earnings per share of NT$13.94, it said. That surpasses the NT$4.50 dividend for the fourth quarter of last year. TSMC has said that while it is eager
‘IMMENSE SWAY’: The top 50 companies, based on market cap, shape everything from technology to consumer trends, advisory firm Visual Capitalist said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) was ranked the 10th-most valuable company globally this year, market information advisory firm Visual Capitalist said. TSMC sat on a market cap of about US$915 billion as of Monday last week, making it the 10th-most valuable company in the world and No. 1 in Asia, the publisher said in its “50 Most Valuable Companies in the World” list. Visual Capitalist described TSMC as the world’s largest dedicated semiconductor foundry operator that rolls out chips for major tech names such as US consumer electronics brand Apple Inc, and artificial intelligence (AI) chip designers Nvidia Corp and Advanced
Saudi Arabian Oil Co (Aramco), the Saudi state-owned oil giant, yesterday posted first-quarter profits of US$26 billion, down 4.6 percent from the prior year as falling global oil prices undermine the kingdom’s multitrillion-dollar development plans. Aramco had revenues of US$108.1 billion over the quarter, the company reported in a filing on Riyadh’s Tadawul stock exchange. The company saw US$107.2 billion in revenues and profits of US$27.2 billion for the same period last year. Saudi Arabia has promised to invest US$600 billion in the US over the course of US President Donald Trump’s second term. Trump, who is set to touch
SKEPTICAL: An economist said it is possible US and Chinese officials would walk away from the meeting saying talks were productive, without reducing tariffs at all US President Donald Trump hailed a “total reset” in US-China trade relations, ahead of a second day of talks yesterday between top officials from Washington and Beijing aimed at de-escalating trade tensions sparked by his aggressive tariff rollout. In a Truth Social post early yesterday, Trump praised the “very good” discussions and deemed them “a total reset negotiated in a friendly, but constructive, manner.” The second day of closed-door meetings between US Secretary of the Treasury Scott Bessent, US Trade Representative Jamieson Greer and Chinese Vice Premier He Lifeng (何立峰) were due to restart yesterday morning, said a person familiar
RSS