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Foxconn to obtain 66.67% stake in Canada-based Smart Technologies

Stockwatch - May 27, 12:38

Foxconn Electronics (Hon Hai Precision Industry) on May 26 announced that its Singapore-based subsidiary Foxconn Singapore Pte. and strategic investors will jointly acquire a 100% stake in Smart Technologies, a Canada-based developer of smart interactive display solutions for educational and business...

Foxconn receiving more short lead-time orders, performance to be even better in 3Q16, says chairman

May 25, 15:46

Foxconn Electronics has been receiving more short lead-time orders recently amid structural changes of global economy, and this has resulted in an increase in overtime hours at its factories, according to company chairman Terry Gou.

Commentary: Foxconn moves one step further to become brand operator

May 20, 09:10

The move by the Foxconn Group to take up control of two global technology brands, Sharp and Nokia, in less than two months has raised concerns that the EMS/OEM giant will eventually transform itself into a brand operator - a title which Foxconn has long dreamed for but has to deny.

Taiwan market: HTC ties up with Volkswagen to enter IoV market

Newswatch - May 19, 14:21

HTC has tied up with automaker Volkswagen to jointly develop in-car monitoring systems in a bid to penetrate into the fast growing Internet of Vehicles (IoV) market.

Supply chain to start shipping new iPhones at the end of 3Q16

May 17, 14:11

The upstream supply chain is expected to begin shipping Apple's upcoming next-generation iPhone products at the end of the third quarter. A new 4.7-inch iPhone will be handled by Pegatron Technology and Foxconn Electronics (Hon Hai Precision Industry), while the new 5.5-inch model will be made by Wistron...

Wistron sees earnings tumble nearly 50% on year in 1Q16

Newswatch - May 16, 15:17

ODM Wistron has reported net profits of NT$383 million (US$11.74 million) for the first quarter of 2016, a sharp decline of 46.6% from a year earlier.

Gigabyte reports increased profits for 1Q16

Newswatch - May 16, 15:04

Gigabyte Technology has reported net profits of NT$542.11 million (US$16.62 million) for the first quarter of 2016, increasing 66.8% on quarter and 27.8% on year. The earnings translated into an EPS of NT$0.86 for the quarter.

Foxconn to deal out 9-year high dividend for 2015

Newswatch - May 13, 10:04

Foxconn Electronics plans to deal out a dividend of NT$5 per share for 2015, including NT$4 in cash and NT$1 in shares. The planned dividend will be the highest in nine years.

IP camera maker JSW Pacific reports EPS NT$0.37 for 1Q16

May 12, 14:28

IP camera and smart home security device maker JSW Pacific has reported net profits of NT$10.06 million (US$309,586) or NT$0.37 per share for the first quarter of 2016.

Upcoming exhibitions to promote IT innovations

May 12, 11:43

Six exhibitions are expected to come up in May and June, promoting the latest IT innovations including PC, smartphone, smart wearable device, robot and Internet of Things (IoT) applications

Quanta sees on-month drop in April revenues

May 12, 10:43

Quanta Computer has reported consolidated revenues of NT$68.18 billion (US$2.1 billion) for April 2016, representing a 9.31% drop on month but a 0.98% increase on year. The company has totaled NT$265.54 billion in year-to-date revenues, down 2.63% compared with the same time last year.

Unitech sees April revenues down on month

May 12, 10:24

Rugged handheld computer vendor Unitech Electronics has reported revenues of NT$129 million (US$3.97 million) for April, down 22.23% on month and 21.88% on year. For the first four months of 2016, revenues totaled NT$577.57 million, decreasing 9.73% on year.

Silitech reports losses for 1Q16

Stockwatch - May 11, 21:08

Keypad and chassis maker Silitech Technology has reported a net loss of NT$67 million or NT$0.37 per share on revenues of NT$605 million for the first quarter of 2016.

Notebook ODMs see shipments drop in April

May 11, 16:00

Notebook ODMs Compal Electronics, Wistron and Inventec have announced their shipments for April with all seeing on-month drop in notebook shipments.

Foxconn Electronics reports decreased April revenues

Stockwatch - May 11, 14:38

Foxconn Electronics (Hon Hai Precision Industry) has reported consolidated revenues of NT$322.389 billion (US$9.92 billion) for April 2016, representing a 5.07% drop on month and 8.53% drop on year.

Delta Electronics reports decreased revenues for April

Stockwatch - May 11, 14:35

Delta Electronics has reported consolidated revenues of NT$17.008 billion (US$523.19 million) for April 2016, representing a 5.72% drop on month and 7.86% drop on year.

Pegatron expects decrease in 2Q16 shipments

May 10, 22:54

Pegatron expects operations in the second quarter to hit bottom for the year, with corresponding notebook shipments to drop 10-15% on quarter, motherboard/desktop shipments to fall 5-10% and revenues from consumer electronics to slip 20-25%, company CEO Jason Cheng said at a May 10 investors confere...

Inventec sees PC revenue proportion slip to below 50%

May 10, 22:46

Inventec has succeeded in reducing its reliance on PC product lines, with the revenue proportion dropping to below 50%, the company said at a May 10 investors conference.

Inventec April revenues rise on year

Stockwatch - May 10, 11:20

Inventec has reported consolidated revenues of NT$33.936 billion (US$1.05 billion) for April 2016, representing a 6.98% drop on month and 9.36% increase on year.

Compal revenues drop in April

Stockwatch - May 10, 11:20

Compal Electronics has reported consolidated revenues of NT$46.306 billion (US$1.43 billion) for April 2016, representing a 33.45% drop on month and 24.87% drop on year.

Wistron reports decreased revenues for April

Stockwatch - May 10, 11:19

Wistron has reported consolidated revenues of NT$44.446 billion (US$1.37 billion) for April 2016, representing a 16.37% drop on month and 5.42% drop on year.

Foxlink reports revenues for April 2016

Stockwatch - May 10, 11:19

Foxlink has reported consolidated revenues of NT$6.29 billion (US$193.83 million) for April 2016, representing a 3.94% drop on month and 19.39% drop on year.

Altek reports decreased revenues for April

Stockwatch - May 10, 11:18

Altek has reported consolidated revenues of NT$951 million (US$29.31 million) for April 2016, representing a 0.05% increase on month and 13.87% drop on year.

Robot maker Hiwin sees revenues up on month in April

Newswatch - May 9, 11:34

Robot and ballscrew maker Hiwin Technologies has reported revenues of NT$1.324 billion (US$40.83 million) for April, up 14.14% sequentially but down 5.07% on year.

Quanta Computer denies reported layoffs

May 4, 15:32

Quanta Computer on May 3 firmly denied reports that the company will lay off 10-20% of employees in June, adding that a number of employees voluntarily resigned due to merging a business office in Hsinchu, northern Taiwan into its headquarters in late 2015 and corporate reorganization in the first...

Demand for IC solutions from China robot markers increasing

Apr 25, 11:31

China-based hardware makers have rushed into the development and manufacture of robot products, offering an opportunity for Taiwan-based chipset vendors to ramp up their shipments to the sector, according to sources from Taiwan's IC supply chain.

Pegatron reshuffles executive positions

Apr 22, 15:23

Pegatron, in response to vice chairman Ted Hsu's departure to join Asustek Computer as chief strategy office, has decided to reshuffle its executive positions including CEO, COO, CTO and R&D director, with new executives to come into office on July 1, 2016, according to the company.

VIA subsidiary Xander raided for making fake transactions

Stockwatch - Apr 22, 14:58

Taiwan's District Prosecutors Office raided the headquarters of Taiwan-based channel distributor Xander, a subsidiary of VIA Technologies, on April 21 as some of the company's executives and workers are suspected of having made fake transactions with companies they established to make its financial...

Primax reports increased earnings for 1Q16

Newswatch - Apr 22, 14:24

PC peripheral and mobile device component maker Primax Electronics has reported net profits of NT$400 million (US$12.38 million) for the first quarter of 2016, increasing 9% from a year earlier. The earnings translated into an EPS of NT$0.91 for the quarter compared to NT$0.85 of a year earlier.

Manufacturing overcapacity constrains industrial robot market growth in China, IHS says

Apr 22, 11:05

The China market for industrial robots reached an estimated US$1.3 billion in 2015. This market is expected to grow at a CAGR of 20%, reaching US$3.3 billion in 2020, according to IHS.

China white-box players eye VR, robot business opportunities

Apr 21, 14:08

With virtual reality (VR) becoming a hot topic in the IT industry, China-based white-box players have been aggressively releasing inexpensive head-worn VR devices and home-care robots, and even formed a supply chain ecosystem specifically for VR products. Currently, the retail channel in Shenzhen is...

Asustek notebook orders for BYD still low

Apr 19, 12:36

Asustek Computer is ready to launch its new notebooks soon with Pegatron Technology remaining its major supplier, followed by Quanta Computer, Wistron, BYD and Compal Electronics. However, the order volume to China-based BYD is still small due to its unsatisfactory manufacturing performance, according...

Pegatron vice chairman Ted Hsu reportedly to become Asustek chairman

Apr 19, 11:55

Asustek Computer chairman Jonney Shih reportedly plans to resign from his position and will let Pegatron Technology's vice chairman Ted Hsu succeed him. Asustek confirmed that Hsu will return to become the company's strategy officer and will also join the board of directors, but Asustek and Pegatron...

Foxconn reportedly to return to China retail channel

Apr 19, 11:49

Foxconn Electronics (Hon Hai Precision Industry) reportedly is planning to return to China's retail channel, but instead of creating a specific department, Foxconn is separating the country into 8-10 areas for each of its sub-business groups to handle one segment, according to industry sources.

Quanta sees strong growth in March notebook shipments

Apr 12, 11:52

Quanta Computer's notebook shipments grew by 65% on month to reach 3.8 million units in March. Although Quanta expects its second-quarter shipments to see sequential growth, it is not able to predict the extent of growth due to low order visibility.

Foxconn Technology reports on-year decrease in March revenues

Stockwatch - Apr 11, 16:18

Foxconn Technology Corporation has reported consolidated revenues of NT$6.475 billion (US$199.99 million) for March 2016, representing a 42.13% increase on month and 17.2% drop on year.

Compal, Inventec, Wistron see notebook shipments grow in March

Apr 11, 15:05

Notebook ODMs Compal Electronics, Inventec and Wistron have seen their March notebook shipments grow from February as their clients had been pushing their shipments before the first quarter ended.

Foxconn sees increased March revenues

Apr 11, 10:57

Foxconn Electronics has reported consolidated revenues of NT$339.621 billion (US$10.34 billion) for March, increasing 21.01% on month and 0.39% on year.

Inventec reports revenues for March 2016

Stockwatch - Apr 8, 16:08

Inventec has reported consolidated revenues of NT$36.48 billion (US$1.13 billion) for March 2016, representing a 26.79% increase on month and 7.93% increase on year.

Compal sees on-month growth in March revenues

Stockwatch - Apr 8, 16:07

Compal Electronics has reported consolidated revenues of NT$69.58 billion (US$2.15 billion) for March 2016, representing a 36.49% increase on month and 7.17% drop on year.

Foxconn denies of having evaded taxes

Stockwatch - Apr 7, 21:06

Commenting on a report which claims that Foxconn Electronics (Hon Hai Precision Industry) has evaded taxes worth up to NT$741.2 billion (US$22.86 billion) via investments in Panama, Foxconn said the company has always been an honest tax payer and paid over NT$48 billion in taxes in Taiwan in 2015.

ECS sees over 29% on-month decline in March revenues

Stockwatch - Apr 6, 21:41

Elitegroup Computer Systems (ECS) has reported consolidated revenues of NT$2.69 billion (US$82.89 million) for March 2016, representing a 60.71% increase on month but a 29.32% drop on year.

Sharp may outsource mass production to Innolux, says Foxconn chairman

Apr 6, 14:56

Sharp, following Foxconn Electronics' stake investment, will focus R&D and production on panels involving cutting-edge technologies, while Innolux, a member of the Foxconn Group, will maintain large volume production. Sharp is likely to outsource mass production to Innolux, according to Foxconn...

Quanta reports decreased profits for 2015

Newswatch - Apr 6, 11:11

Quanta Computer has reported that its net profits declined 5.6% on year to NT$17.827 billion (US$538.91 million) for 2015, the lowest level in nine years. The earnings translated into an EPS of NT$4.62 for 2015.

Compal aims to hike 2016 revenue proportion for non-notebook products to 30%

Apr 1, 15:36

Compal Electronics aims to increase the revenue proportion for non-notebook product lines in 2016 to 30%, according to the company.

Foxconn to invest US$1.65 billion in China subsidiaries

Mar 31, 15:23

Following its acquisition of Sharp, Foxconn Electronics (Hon Hai Precision Industry) has announced investments totaling US$1.65 billion in several companies in China covering industries including handsets, optical lenses, glass products, automation systems and robots.

Compal sees flat performance in 2015 revenues

Stockwatch - Mar 31, 14:09

Compal Electronics has announced consolidated revenues of NT$847.31 billion (US$25.97 billion) for 2015, up 0.2% on year. Its 2015 net operating profits came to NT$11.31 billion, down 3% on year, and it reported NT$8.69 billion in net profit and NT$2.01 in EPS for the year.

Foxconn post 2015 results

Stockwatch - Mar 31, 11:13

Foxconn Electronics (Hon Hai Precision Industry) has posted consolidated revenues of NT$4,482.15 billion (US$136.4 billion), gross margin 7.15%, net operating profit NT$164.27 billion, net profit NT$146.87 billion and net EPS of NT$9.42 for 2015.

Foxconn Group to invest JPY388.812 billion in Sharp

Mar 30, 22:13

Foxconn Electronics, its Cayman Islands-registered subsidiary Foxconn (Far East), Singapore-based Foxconn Technology Pte. and SIO International Holdings will together acquire 3.282 billion new common shares to be issued by Sharp to expand paid-in capital at JPY88 per share and a total price of JPY388.812...

Clevo to sell real estate in China to help improve operations

Mar 29, 14:54

Clevo's subsidiary in China, Buynow, is expected to sell its over 250,000 square meters of real estate in China in 2016 for a total price of CNY2.2 billion (US$338.42 million). Income will be used to help optimize its balance sheet structure and improve asset operating efficiency.

More ICT manufacturing coverage
Gigabyte
Display panels for wearable devices

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