Hon Hai Precision Industry Co (鴻海精密) on Monday posted revenue of NT$347.65 billion (US$11.53 billion) for last month, a 7.69 percent year-on-year decrease and its fourth consecutive month of annual declines.
However, that was a 59.87 percent increase compared with February as the company gradually resumed production in China, leading to an increase in shipments of consumer electronics and smart devices.
Revenue for the first quarter fell to NT$929.68 billion, an 11.99 percent year-on-year decrease and the lowest level in six years, Hon Hai said.
A sales breakdown showed that the electronic components segment was the largest contributor to first-quarter revenue, followed by corporate products, the computing segment, and consumer electronics and smart devices.
The revenue decline was in line with the company’s forecast after Hon Hai chairman Young Liu (劉揚偉) last month forecast a 10 to 15 percent year-on-year drop in sales across all business segments.
With production returning to normal levels, Liu said at the time that shipments would increase, as many orders had been deferred from last quarter to this quarter.
Meanwhile, Sharp Corp, Hon Hai’s Japanese subsidiary, yesterday said that it had filed a patent infringement lawsuit against a local distributor of Chinese firm OPPO Mobile Telecommunications Corp (歐珀).
Sharp said that it had filed a lawsuit with the Taiwan Intellectual Property Court, accusing the distributor of infringing on one of its long-term evolution (LTE) patents.
Sharp last month filed lawsuits against OPPO and OPPO Japan in Munich, Germany, and Tokyo respectively for infringing on several of its LTE patents.
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Taiwan is open to joining a global liquefied natural gas (LNG) program if one is created, but on the condition that countries provide delivery even in a scenario where there is a conflict with China, an energy department official said yesterday. While Taiwan’s priority is to have enough LNG at home, the nation is open to exploring potential strategic reserves in other countries such as Japan or South Korea, Energy Administration Deputy Director-General Chen Chung-hsien (陳崇憲) said. While the LNG market does not have a global reserve for emergencies like that of oil, the concept has been raised a few times —
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