Catcher Technology Co (可成科技), a casing supplier for Apple Inc’s iPhones, yesterday reported record revenue of NT$11.44 billion (US$376.94 million) for last month, up 48.2 percent annually and 34.8 percent from a month ago.
“It was a milestone for the company, as it was the first time its monthly revenue exceeded NT$10 billion,” a Catcher investor relations official said by telephone.
Sales in the July-to-September period reached NT$27.42 billion, which also marked a new record on a quarterly basis, said the official, who asked not to be identified.
The quarterly figure expanded 32.3 percent from the NT$20.73 billion a year ago and 48.2 percent from the previous quarter’s NT$18.5 billion, company data showed.
It was in line with the company’s forecast, the official said, adding that Catcher expects revenue this quarter to outpace the third quarter on the back of robust demand.
From January to last month, cumulative revenue climbed 9.8 percent annually to NT$60.5 billion, Catcher said.
The official said the company is optimistic about next year’s business outlook, citing clear order visibility for its products used in smartphones, notebook computers and other consumer electronics devices.
Separately, Largan Precision Co (大立光), a camera lens supplier for iPhones, yesterday reported revenue of NT$5.44 billion for last month, its highest monthly sales this year.
“The revenue for this month is expected to outperform that of last month,” Largan’s investor relations officer said by telephone, citing clients’ order forecasts.
Third-quarter revenue totaled NT$14.91 billion, up 4 percent from NT$14.31 billion a year earlier and 31.83 percent from NT$11.31 billion the previous quarter, Largan said.
In the first nine months of this year, combined revenue grew 13.51 percent year-on-year to NT$37.03 billion, the Taichung-based company said.
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) is expected to share his views about the artificial intelligence (AI) industry’s prospects during his speech at the company’s 37th anniversary ceremony, as AI servers have become a new growth engine for the equipment manufacturing service provider. Lam’s speech is much anticipated, as Quanta has risen as one of the world’s major AI server suppliers. The company reported a 30 percent year-on-year growth in consolidated revenue to NT$1.41 trillion (US$43.35 billion) last year, thanks to fast-growing demand for servers, especially those with AI capabilities. The company told investors in November last year that
Intel Corp has named Tasha Chuang (莊蓓瑜) to lead Intel Taiwan in a bid to reinforce relations between the company and its Taiwanese partners. The appointment of Chuang as general manager for Intel Taiwan takes effect on Thursday, the firm said in a statement yesterday. Chuang is to lead her team in Taiwan to pursue product development and sales growth in an effort to reinforce the company’s ties with its partners and clients, Intel said. Chuang was previously in charge of managing Intel’s ties with leading Taiwanese PC brand Asustek Computer Inc (華碩), which included helping Asustek strengthen its global businesses, the company
Taiwanese suppliers to Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) are expected to follow the contract chipmaker’s step to invest in the US, but their relocation may be seven to eight years away, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday. When asked by opposition Chinese Nationalist Party (KMT) Legislator Niu Hsu-ting (牛煦庭) in the legislature about growing concerns that TSMC’s huge investments in the US will prompt its suppliers to follow suit, Kuo said based on the chipmaker’s current limited production volume, it is unlikely to lead its supply chain to go there for now. “Unless TSMC completes its planned six
TikTok abounds with viral videos accusing prestigious brands of secretly manufacturing luxury goods in China so they can be sold at cut prices. However, while these “revelations” are spurious, behind them lurks a well-oiled machine for selling counterfeit goods that is making the most of the confusion surrounding trade tariffs. Chinese content creators who portray themselves as workers or subcontractors in the luxury goods business claim that Beijing has lifted confidentiality clauses on local subcontractors as a way to respond to the huge hike in customs duties imposed on China by US President Donald Trump. They say this Chinese decision, of which Agence