|Bid||50.80 x 0|
|Ask||50.90 x 0|
|Day's Range||50.50 - 51.20|
|52 Week Range||46.75 - 77.80|
|Beta (3Y Monthly)||1.28|
|PE Ratio (TTM)||11.57|
|Earnings Date||Aug 8, 2018 - Aug 13, 2018|
|Forward Dividend & Yield||4.00 (7.88%)|
|1y Target Est||58.90|
Feb 15 (Reuters) - Pegatron Corp: * SAYS JAN SALES UP 1.3 PERCENT Y/Y Source text in Chinese: http://mops.twse.com.tw/mops/web/index Further company coverage: (Reporting by Hong Kong newsroom)
(Bloomberg) -- Apple Inc.’s main assemblers are shifting more output to India and Southeast Asia as trade tensions threaten to escalate costs in their longstanding production base of China.
Jan 10 (Reuters) - Pegatron Corp: * SAYS DEC SALES UP 18.6 PERCENT Y/Y Source text in Chinese: https://bit.ly/29I3zX1 Further company coverage: (Reporting by Hong Kong newsroom)
Apple asked its suppliers late last month to produce fewer-than-planned units of its XS, XS Max and XR models, the Nikkei reported, citing sources with knowledge of the request. The request was made before Apple announced its forecast cut, the Nikkei said. The bleaker sales outlook, which Apple attributed to weak China demand, triggered a broad sell-off in global stock markets.
Apple Inc, which slashed its quarterly sales forecast last week, has reduced planned production for its three new iPhone models by about 10 percent for the January-March quarter, the Nikkei Asian Review reported on Wednesday. Many analysts and consumers have said the new iPhones are overpriced. Apple asked its suppliers late last month to produce fewer-than-planned units of its XS, XS Max and XR models, the Nikkei reported, citing sources with knowledge of the request.
The lead attorney for the group of Apple Inc (AAPL.O) device assemblers seeking at least $9 billion (7 billion pounds) in damages from Qualcomm Inc (QCOM.O) said on Sunday the contract manufacturers are not in settlement talks with the mobile chip supplier and are "gearing up and heading towards the trial" in April. The conflict is but one aspect of the global legal battle between regulators, Apple and Qualcomm, which supplies modem chips that help phones connect to wireless data networks. Last week, Qualcomm secured a preliminary victory in a patent lawsuit in China that would have banned sales of some Apple iPhones there.
Shares of Apple have fallen more than a quarter since October on concern that iPhone sales are slowing, a prospect that’s been exacerbated by the threat of U.S. tariffs on devices made in China. Across a collection of Taiwanese suppliers, including component makers, November sales climbed 9.3 percent from a year earlier, according to data compiled by Bloomberg News. Taiwan requires companies to report revenue monthly, giving the market unique mid-quarter insight into the hardware supply chain. At Hon Hai Precision Industry Co., the flagship of Foxconn Technology Group, combined October and November sales grew 12.9 percent, while Pegatron Corp. posted a 25 percent uptick.
Taiwan's Foxconn posted a weaker than expected rise in quarterly profit amid warning signs from key customer Apple Inc and its global suppliers that demand for iPhones could be softening. Foxconn, formally known as Hon Hai Precision Industry Co Ltd, reported net profit of T$24.88 billion ($805.52 million)for the third quarter on Tuesday, 12 percent short of analyst expectations. While this was the biggest quarterly profit the company has posted this year and came in 18 percent above the year-earlier results, it was below a mean estimate of T$28.26 billion ($916.85 million) from nine analysts, according to I/B/E/S data from Refinitiv.
Shares of some major Apple suppliers fell in Asian trading Tuesday — some to multi-year lows — after the iPhone maker's stock plunged on concerns about customer demand.
TAIPEI/SEOUL (Reuters) - Shares in Asian suppliers and assemblers for Apple Inc fell on Tuesday after several component makers warned of weaker than expected results, leading some market watchers to call the peak for iPhones in several key markets. Following a poor forecast earlier this month, analysts and investors voiced concern over the state of Apple's business, contributing to growing worries that iPhone sales were stagnating and could hurt suppliers. Fresh warnings on Monday from screen maker Japan Display Inc, British chipmaker IQE Plc and Lumentum Holdings Inc, the main supplier of the Face ID technology in the latest generation of iPhones, hurt technology stocks in Asia on Tuesday.
Nov 12 (Reuters) - Pegatron Corp: * SAYS Q3 NET PROFIT AT T$2.8 BILLION ($90.71 million) VERSUS T$3.6 BILLION YEAR EARLIER Source text in Chinese: https://bit.ly/2qHWQoh Further company coverage: ($1 = ...
Taiwan-based assembler Pegatron Corp fell 5 percent and rival Hon Hai Precision Industry Co Ltd (Foxconn) dropped 3.6 percent. Apple is widely considered the biggest customer for Foxconn. Apple shares fell nearly 4 percent on Monday after the report by the Nikkei financial daily, which fuelled concerns that the iPhone XR - the cheapest of three iPhones unveiled in September - was facing weak demand just days after it went on sale.
Apple shares fell nearly 4 percent after the report, which fueled concerns that the iPhone XR, the cheapest of three iPhones Apple unveiled in September, was facing weak demand just days after it hit shelves. The Nikkei, citing supply chain sources, said Apple had also asked smaller iPhone assembler Wistron to stand by for rush orders, but that the company will receive no orders for the iPhone XR this season.
Apple Inc has told its smartphone assemblers Foxconn and Pegatron to halt plans for additional production lines dedicated to its new iPhone XR, the Nikkei financial daily reported https://s.nikkei.com/2PHPYWb on Monday. Apple shares fell nearly 4 percent after the report, which fueled concerns that the iPhone XR, the cheapest of three iPhones Apple unveiled in September, was facing weak demand just days after it hit shelves. The Nikkei, citing supply chain sources, said Apple had also asked smaller iPhone assembler Wistron to stand by for rush orders, but that the company will receive no orders for the iPhone XR this season.
Key InsightsApple’s lower-priced XR model was expected to be popular over the holiday season, luring owners of older iPhones to upgrade. It retains the key advances of the first iPhone X -- facial recognition and an edge-to-edge display -- but is cheaper while being noticeably larger at 6.1 inches.Foxconn is now using around 45 production lines for the iPhone XR model, compared with 60 it first prepared, meaning it would produce around 100,000 fewer units daily, down 20 to 25 percent from its original outlook, said Nikkei, citing one of the people.Pegatron XR production also isn’t reaching maximum capacity, and Wistron, a smaller iPhone assembler, won’t receive any orders for iPhone XR this holiday season.
TAIPEI (Reuters) - Shares of Apple Inc (AAPL.O) suppliers fell across Asia on Monday after U.S. President Donald Trump tweeted that the tech giant should make products in the United States if it wanted ...
Sept 10 (Reuters) - Pegatron Corp: * SAYS AUG SALES UP 10.2 PERCENT Y/Y Source text in Chinese: bit.ly/29I3zX1 (Please cut and paste the link into a browser to see the release) Further company coverage: ...
Aug 9 (Reuters) - Pegatron Corp: * SAYS Q2 CONSOLIDATED REVENUE T$271.3 BILLION, NET PROFIT AT T$2.93 BILLION ($95.74 million) Source text for Eikon: Further company coverage: ($1 = 30.6040 Taiwan dollars) ...
Apple Inc (AAPL.O) will launch a $300 million clean energy fund in China, the firm said in a statement on Friday, working with its suppliers to invest in renewable energy projects that could power close to 1 million homes in the country. China's government has made cutting pollution a key priority, putting pressure on local and international firms to help reduce high levels of smog in its major cities and clean up the country's waterways and polluted soil. The investment from the iPhone maker, which will be made along with 10 suppliers including Pegatron Corp (4938.TW) and Wistron Corp (3231.TW) over a four-year period, also comes as the United States and China lock horns over trade.