Inventec Corp (英業達) chairman Richard Lee (李詩欽) yesterday confirmed the company is making Xiaomi Inc’s (小米) first notebook computer product in China, with shipments set to begin in the first half of next year.
“I am upbeat about the business outlook for Xiaomi’s notebook computers, as the firm has more than 200 million registered smartphone users,” Lee told reporters on the sidelines of the 12th cross-strait forum on technical standards for information technology held in New Taipei City.
Lee said Xiaomi is likely to adopt the same smartphone business strategy for its laptop products — which is different from other companies’ conventional way of selling servers, desktop and notebook computers.
“I am not sure if the smartphone approach will be applicable to notebooks, but I expect Xiaomi’s entry into the notebook industry to bring something new to the market,” Lee said.
Subsidiary Inventec Appliance Corp (英華達), which assembles Xiaomi’s smartphones, is to jointly design and manufacture the Chinese company’s first notebook products in Inventec’s plants in China, Lee said.
“We will start shipping Xiaomi’s notebook computers in the first or second quarter of next year,” he added.
Commenting on Inventec’s near-term business outlook, Lee said next quarter’s sales are likely to be flat or even decline from this quarter, because of few product launches by its clients.
“Given that some of Inventec’s clients are scheduled to launch new products at the end of next quarter, sales contributions from the new products will be limited next quarter, but should become significant next year,” he said.
Inventec president Huang Kuo-chun (黃國鈞) last month said that sales for this quarter would grow significantly from the second quarter’s NT$90.62 billion (US$2.75 billion), supported by growing orders for commercial notebooks, smart devices and servers.
Local media have reported that Inventec is joining the supply chain of US company Fitbit Inc’s wearable products as a joint design manufacturer.
Lee did not confirm or deny such speculation, but said the company would start shipping wearable products for a new client next quarter.
Overall, the company’s combined sales in the second half of this year would still be better than the NT$179.99 billion it made in the first half of this year, he said.
Inventec shares rose 1.2 percent to close at NT$16.90 in Taipei trading yesterday, outperforming the TAIEX, which edged up 0.71 percent.
STEADY: Prices are to rebound following inventory rebuilding demand, TrendForce said, with Samsung Electronics Co further trimming capacity as it slashes DDR4 lines The contract prices of DRAM chips are to rise by as much as 18 percent sequentially this quarter — the first price upticks in about eight quarters — driven mainly by inventory rebuilding demand for DRAM chips used in mobile devices and PCs, TrendForce Corp (集邦科技) projected yesterday. The price rebound is led by a quarterly increase of mobile DRAM chips, which are to climb between 13 percent and 18 percent quarter-on-quarter this quarter, which has not been seen since the fourth quarter of 2021, the Taipei-based market researcher predicted. Likewise, the price of mainstream PC DDR4 DRAM is expected to bounce
CHINA NOT A FRIEND: ‘Newsflash: Democracy is good for your businesses,’ US Secretary of Commerce Gina Raimondo said as she gave a speech at a national defense forum US Secretary of Commerce Gina Raimondo on Saturday urged lawmakers, Silicon Valley and US allies to stop China from getting semiconductors and cutting-edge technologies key to national security. Speaking at an annual national defense forum in Simi Valley, California, Raimondo called Beijing “the biggest threat we’ve ever had” and stressed that “China is not our friend.” The world’s top two economies are locked in a fierce commercial and geopolitical rivalry, in which her department plays a leading role. In October, Raimondo unveiled a series of restrictions on the export of advanced chips to China, including those used in the development of artificial intelligence
SOLID FOUNDATION: Given its decades of expertise in megatronics, manufacturing and robotics, Japan has the wherewithal to create its own AI, Jensen Huang said Nvidia Corp plans to help build an artificial intelligence (AI) tech-related ecosystem in Japan to meet demand in a country eager to gain an edge in this emerging technology. The US company will seek to partner with Japanese research organizations, companies and start-ups to build factories for AI, Nvidia CEO Jensen Huang (黃仁勳) said yesterday during opening remarks in a meeting with Japanese Minister of Economy, Trade and Industry Yasutoshi Nishimura. The company is to set up an AI research laboratory, and invest in local start-ups and educate the public on using AI, Huang said. Huang earlier this week met with Japanese Prime
A Hong Kong court postponed a court hearing on troubled Chinese property developer Evergrande Group’s (恆大集團) winding-up petition scheduled for yesterday until Jan. 29. Evergrande is trying to win support from its creditors for a plan to restructure more than US$300 billion in debt to stave off liquidation. The company’s lawyer told the court it was requesting an adjournment to “refine” its new debt restructuring plan. The Hong Kong High Court has postponed the hearing over Evergrande’s potential liquidation several times. Judge Linda Chan (陳靜芬) had said in October that yesterday’s hearing would be the last before a decision is handed down. Chan