Quanta Computer Inc (廣達電腦), the world’s biggest contract notebook computer maker, yesterday said that it expects shipments to increase 10 percent quarter-on-quarter for the last three months of this year, thanks to strong demand.
The company shipped more than 18 million laptop computers last quarter, Quanta vice chairman C.C. Leung (梁次震) said, adding that he expects a further increase, which would bring the company’s notebook shipments to 600 million units this year, he said.
“The demand is still very strong,” Leung said. “We expect the first half of next year to resemble the second half of this year.”
Photo: CNA
Quanta also announced a NT$2 billion (US$69.33 million) investment at its Thailand production facilities.
Its third production facility in Taiwan would also be operational in May next year, it added.
Net profits soared 81.5 percent year-on-year to NT$7.87 billion last quarter from NT$4.34 billion in the third quarter of last year. On a quarterly basis, net profits expanded 25.9 percent from NT$6.25 billion.
Earnings per share (EPS) rose to NT$2.03 last quarter from NT$1.13 a year earlier and NT$1.62 a quarter earlier.
Gross margin rose to 5.86 percent last quarter, from 4.82 percent in the same quarter last year. That was a decline from 6.21 percent in the second quarter of this year.
Quanta chairman Barry Lam (林百里) at an investors’ conference described Quanta’s third-quarter performance as a “grand slam.”
“We were worried about factory stoppages and flagging markets at the start of the year,” Lam said. “However, demand soared, especially for laptops and cloud products.”
Quanta’s third-quarter revenue was NT$327.35 billion, up 23.5 percent year-on-year from NT$265.14 billion in the third quarter last year.Total revenue for the first three quarters of the year was NT$787.8 billion, up 7.6 percent year-on-year. Net profit was NT$16.7 billion, up 46.1 percent year-on-year.
EPS for the first three quarters was NT$4.33, surpassing the EPS for the whole of last year, which was NT$4.14.
Expressing confidence that the company’s direction is “clear for the next 10 years,” Lam said that Quanta is to “build upon the core technologies of artificial intelligence and 5G” to introduce products such as robotic arms and self-driving trucks.
“Quanta makes tools,” Lam said. “Whether our clients want tools in the field of smart medicine, transportation or buildings, Quanta will make them.”
“I expect the next 10 years to bring even more rapid technological changes,” Lam said.
The Eurovision Song Contest has seen a surge in punter interest at the bookmakers, becoming a major betting event, experts said ahead of last night’s giant glamfest in Basel. “Eurovision has quietly become one of the biggest betting events of the year,” said Tomi Huttunen, senior manager of the Online Computer Finland (OCS) betting and casino platform. Betting sites have long been used to gauge which way voters might be leaning ahead of the world’s biggest televised live music event. However, bookmakers highlight a huge increase in engagement in recent years — and this year in particular. “We’ve already passed 2023’s total activity and
Nvidia Corp CEO Jensen Huang (黃仁勳) today announced that his company has selected "Beitou Shilin" in Taipei for its new Taiwan office, called Nvidia Constellation, putting an end to months of speculation. Industry sources have said that the tech giant has been eyeing the Beitou Shilin Science Park as the site of its new overseas headquarters, and speculated that the new headquarters would be built on two plots of land designated as "T17" and "T18," which span 3.89 hectares in the park. "I think it's time for us to reveal one of the largest products we've ever built," Huang said near the
China yesterday announced anti-dumping duties as high as 74.9 percent on imports of polyoxymethylene (POM) copolymers, a type of engineering plastic, from Taiwan, the US, the EU and Japan. The Chinese Ministry of Commerce’s findings conclude a probe launched in May last year, shortly after the US sharply increased tariffs on Chinese electric vehicles, computer chips and other imports. POM copolymers can partially replace metals such as copper and zinc, and have various applications, including in auto parts, electronics and medical equipment, the Chinese ministry has said. In January, it said initial investigations had determined that dumping was taking place, and implemented preliminary
Intel Corp yesterday reinforced its determination to strengthen its partnerships with Taiwan’s ecosystem partners including original-electronic-manufacturing (OEM) companies such as Hon Hai Precision Industry Co (鴻海精密) and chipmaker United Microelectronics Corp (UMC, 聯電). “Tonight marks a new beginning. We renew our new partnership with Taiwan ecosystem,” Intel new chief executive officer Tan Lip-bu (陳立武) said at a dinner with representatives from the company’s local partners, celebrating the 40th anniversary of the US chip giant’s presence in Taiwan. Tan took the reins at Intel six weeks ago aiming to reform the chipmaker and revive its past glory. This is the first time Tan
RSS