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  • bacbacker bacbacker Oct 8, 2013 2:43 PM Flag

    Wistron revenue increases on strong laptop shipments

    taipeitimesDOTcom/News/biz/archives/2013/10/09/2003574037

    Wed, Oct 09, 2013

    By Lisa Wang / Staff reporter

    Wistron Corp (緯創), the world’s third-largest laptop contract maker, yesterday said that revenue last month rose 10.9 percent sequentially on the back of a 20 percent increase in laptop shipments.

    The shipment growth outpaced the 15 percent increase estimated by Barclays analyst Kirk Yang (楊應超).

    For the quarter ending Sept. 30, Wistron shipped a total of 6.05 million notebooks, up 3.4 percent from a quarter ago. However, revenue dropped 1.8 percent sequentially to NT$160.02 billion (US$5.42 billion) from NT$162.95 billion in the second quarter.

    “We expect Wistron to be in the spotlight on its improved NB [notebook] and tablet shipments in September as it has ramped new orders of Asustek Computer Inc’s (華碩) tablet (FonePad and Padfone) and NB models,” Yang said in a report.

    However, Yang voiced concern over Wistron’s outlook this quarter, saying he expected Wistron’s notebook shipments to rise just 1 percent quarter-on-quarter and drop 23 percent from a year ago.

    He attributed the forecast decline to Lenovo Group (聯想) phasing out some of its commercial models.

    Yang added that Wistron was aggressively expanding its businesses to non-PC areas such as LCD TVs and handsets, but the diversification has not had a positive impact on margins

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    • did you even read the article ?? looks bad

    • 3.4 percent increase in notebook shipped in 3rd quarter...looks good :)

    • Yang retained his “underweight” rating on Wistron.

      Separately, Lite-On Technology Inc (光寶科技), the nation’s No. 2 power supply maker, yesterday said that revenue grew 7 percent month-on-month to NT$20.36 billion last month, hitting the highest level in two years.

      Lite-On said it benefited from growing demand for power supplies used in high-end cloud-computing-enabled communications equipment and servers, mobile devices and game consoles.

      Revenue from power supplies and camera modules hit a record high, the company said.

      Lite-On’s revenue also increased 14.44 percent to NT$57.22 billion last quarter, from NT$50 billion in the second quarter.

      Delta Electronics Inc (台達電), the nation’s biggest power supply maker, yesterday reported that revenue rose 4 percent to NT$15.96 billion last month from August’s NT$15.41 billion.

      Sales last quarter grew 6.22 percent to NT$461.4 billion from NT$434.4 billion in the second quarter, it said

 
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