Pegatron Corp (和碩), a key assembler of Apple Inc’s iPhones, on Thursday reported a 12.3 percent year-on-year decline in revenue for last quarter to NT$257.86 billion (US$8.44 billion), but it expects revenue to improve in the second half on traditional holiday demand.
The fourth quarter is usually the peak season for its communications products, a company official said on condition of anonymity.
As Apple released its new iPhone 17 series early last month, sales in the communications segment rose sequentially last month, the official said.
Photo: AFP
Shipments to Apple have been stable and in line with earlier expectations, they said.
Pegatron shipped 2.4 million notebook computers last quarter, unchanged from the previous quarter, the official said.
The momentum remains stable this quarter, they said.
The company also expects shipments of servers in the second half to be stronger than in the first half, in line with its previous guidance, the official said.
The new plant in Mexico that the company acquired last year entered volume production last quarter, they said.
Pegatron on Tuesday said that it had acquired another plant in Texas for US$30.72 million to boost server production capacity to increase supply chain resilience as requested by its customers.
The company also made progress in tapping into the auto onboard computer market, as it has begun shipping products to a major US electric automaker.
Pegatron said it plans to launch new products with two other automakers from the US, Japan or Europe.
Separately, Inventec Corp (英業達) on Thursday reported a 7.57 percent year-on-year increase in revenue to NT$176.29 billion for last quarter, a record for the period, supported by stable notebook and server shipments.
Inventec shipped 5.4 million notebook computers last quarter, flat from the previous quarter.
Notebook shipments are expected to decline slightly this quarter from the previous quarter, indicating that the holiday season effect is unlikely to materialize, a company official said.
Notebook computer shipments are still expected to grow 3 to 5 percent year-on-year this year, the company said.
Server shipments increased last quarter from the previous quarter, but revenue declined due to an unfavorable product mix, the company said.
Server shipments this quarter are expected to decline further, the official said.
Most servers shipped by Inventec would be Nvidia Corp’s B200 HGX this quarter, as they were last quarter, the company said.
Servers accounted for about 40 percent of Inventec’s total revenue last quarter.
The company said it aims to increase that to 50 percent for the whole of the year.
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