Foxconn sees lackluster 1Q13 financial performance
May 15, 13:48
Foxconn Electronics (Hon Hai Precision Industry) on May 14 released its financial report for the first quarter of 2013, with consolidated revenues, gross margin, net operating profit decreasing on quarter and on year.
Computex 2013 expected to create US$25 billion in business opportunities
May 13, 16:27
Computex Taipei 2013, which will run from June 4-8, is expected to attract 40,000 international buyers and create business opportunities worth US$25 billion. The show will have about 1,700 exhibitors occupying 5,000 booths. Firms such as Intel, Microsoft, Acer, Asustek computer, Corning, Nvidia, Marvell,...
Advantech sees April revenues grow 16% on year
May 13, 15:19
Industrial PC (IPC) maker Advantech has reported April consolidated revenues of NT$2.529 billion (US$84 million), an increase of 16.34% compared to NT$2.173 billion reported in April 2012. Accumulated consolidated revenues from January-April were NT$9.132 billion, up 8.4% compared to NT$8.424 billion...
Tsann Kuen, E-Life Mall April revenues up on month
May 10, 15:43
Tsann Kuen and E-Life Mall, two IT, communication device and consumer electronics retail chains in Taiwan, had April consolidated revenues of NT$2.171 billion (US$73.1 million) and NT$1.151 billion increasing on month by 29.84% and 20.64% respectively, according to the companies.
Pegatron to expand workforce by 40% in 2H12
May 10, 12:19
Pegatron Technology CEO Jason Cheng, at the company's recent investors meeting, said that the company will start expanding its production workforce in mid-June with the worker number to grow from 100,000 currently to 130,000-140,000, a growth of 40%.
Pegatron sees profit growth in 1Q13
May 9, 14:07
Pegatron Technology has announced its first-quarter 2013 results with consolidated revenues reaching NT$217.6 billion (US$7.39 billion), consolidated net profits NT$3.45 billion and EPS NT$1.01, up significantly from the NT$0.57 of a year ago.
Qisda sees slightly decreased April revenues
May 9, 13:48
Taiwan-based EMS provider Qisda on May 8 reported consolidated revenues of NT$9.798 billion (US$329 million) for April 2013, decreasing 1% on month and on year, and those of NT$37.304 billion for January-April, slipping on year by 2.21%.
Apple reportedly stops placing Mac component orders
Apr 17, 22:26
Apple has reportedly stopped placing component orders for its Mac series products recently and related upstream suppliers so far have not yet received any word about when the US-based vendor will resume its orders, according to sources from the upstream supply chain.
Testing service company Sporton to generate more revenues from handset sector
Apr 16, 22:02
Sporton International, an inductor maker and testing services provider, will see its revenues generated from testing services offered to the handset sector increase substantially in the second quarter of 2013 as most handset clients are prepared to launch new models in the quarter, according to industry...
Foxconn sees on-year drop in March revenues
Apr 10, 21:56
Foxconn Electronics (Hon Hai Precision Industry) has announced consolidated revenues of NT$260.33 billion (US$8.38 billion) for March, up 10.77% on month, but down 27.28% on year, while revenues for the first quarter reached NT$808.97 billion, down 28.85% on year.
Foxconn recruiting workers for plants in Zhengzhou, China
Apr 9, 15:19
Foxconn Electronics (Hon Hai Precision Industry) started hiring workers for its plants in Zhengzhou, China at the end of March and some market watchers believe the recruitment is for Foxconn clients' new products set for release in the second half.
Wistron reports rising March revenues
Apr 9, 14:30
Notebook ODM firm Wistron saw March consolidated revenues reach NT$60.88 billion (US$2.02 billion), showing a sequential increase of 37.07% and an on-year increase of 11.18%. The March revenues rose due to increases in notebook and smartphone shipments, according to the firm.
Gigabyte sees growth in March revenues
Apr 9, 13:50
Gigabyte Technology has announced consolidated revenues of NT$4.43 billion (US$147.54 million) for March, up 30.3% on month and 8.96% on year, while revenues reached NT$12.4 billion for the first quarter, up 15.9% on year.
Arbor Technology expects growing revenues from medical applications
Mar 29, 13:56
Taiwan-based industrial PC (IPC) firm Arbor Technology has reported that revenues from medical applications accounted for 38% of total revenues in 2012. According to company CEO, Eric Lee, the medical application market is growing rapidly and the firm aims to increase revenues from the market to above...
Inventec sees clients asking to place server orders directly
Mar 28, 12:27
As placing orders directly to ODMs is gradually becoming a trend among large Internet players, Inventec has revealed that a few clients have been asking about directly placing orders, skipping their original server brand partners. However, Inventec pointed out that the company will continue to keep...
Wistron, Inventec post profits for 2012
Mar 27, 12:19
Wistron has reported consolidated revenues of NT$657.84 billion (US$22.26 billion), gross margin of 4.85%, net operating profit of NT$8.22 billion, net profit of NT$6.67 billion, and net EPS of NT$3.06, and will distribute a dividend per share of NT$2 (NT$1.50 in cash and NT$0.50 in stocks) for 2012...
Embedded system makers eyeing medical applications
Mar 26, 14:05
Taiwan-based embedded system makers such as Advantech, ICP Electronics, Arbor Technology, Avalue Technology, and Unitech have been aggressive in developing the medical application market. Industry sources noted that the global medical related embedded system application market is likely to show significant...
Brand vendors cautious about Microsoft when it comes to hardware design
Mar 25, 22:46
Notebook brand vendors have turned cautious about revealing their new products' industrial designs for next-generation Windows as they are concerned that Microsoft may use their designs for the benefit of its new Surface products, according to sources from the upstream supply chain.
Acer, Asustek, Lenovo to participate in next-generation Windows development
Mar 25, 22:19
Microsoft has recently finished the preparation for its integrated development program (IDP) for the next-generation Windows operating system and several brand vendors including Acer, Asustek Computer and Lenovo have joined the project, according to sources from the upstream supply chain.
Intel, LCD TV brands to push full adoption of WiDi
Mar 25, 22:17
Intel is set to promote its Wireless Display (WiDi) technology in 2013 for the technology to become one of the standard PC specifications and LCD TV players including LG, Samsung Electronics and Toshiba will also join the promotion and adopt the WiDi technology into their HDTV products, according to...
FIH posts heavy losses in 2012
Mar 25, 12:23
Foxconn International Holdings (FIH), the Hong Kong-based handset arm of Foxconn Electronics, has reported net losses of US$316 million or US$0.043 per share on revenues of US$5.24 billion for 2012. In comparison, the company posted revenues of US$6.45 billion, net profits of US$73 million and an EPS...
Commentary: Foxconn does not need Sharp Mexico plant
Mar 22, 16:29
According to Japan-based media, Sharp originally wanted to sell its LCD TV plant in Mexico to Taiwan-based Foxconn Electronics (Hon Hai Precision Industry), and the negotiation was almost final. But due to various differences, Sharp reportedly has given up the deal, raising concerns about the cooperation...
Chicony, Inventec pass UL testing for India market
Mar 15, 11:23
Taiwan-based makers Chicony Electronics and Inventec have passed tests conducted by Underwriter Laboratories (UL) for their IT products to be available for sale in the India market, according to industry sources in Taiwan.
Foxconn to issue JPY corporate bonds
Mar 14, 15:58
Taiwan-based EMS provider Foxconn Electronics (Hon Hai Precision Industry) has announced that Foxconn (Far East) Limited, its wholly owned subsidiary, will issue 3-year unsecured JPY-based corporate bonds worth a total of JPY14 billion (US$146 million), of which JPY10 billion will be based on a fixed...
ASRock nets NT$9 per share in 2012
Mar 14, 11:12
Taiwan-based motherboard vendor ASRock has posted consolidated revenues of NT$10.658 billion (US$361 million) for 2012, with net EPS reaching NT$9 for 2012.
Amazon said to be considering taking back Kindle Fire purchasing rights
Mar 13, 22:30
Amazon reportedly plans to change its component purchasing strategy for Kindle Fire and will make all the decisions itself instead of relying on ODMs, according to sources from the upstream supply chain. However, the rumors have not been confirmed by Amazon, while the company's upstream ODM partners...
AMD launches Richland
Mar 13, 16:19
AMD on March 12 launched Richland, a new APU equipped with a Radeon HD 8000 graphics core. The APU is superior to AMD's Trinity APU in graphics and computing performance, and power management, according to Taiwan-based notebook and component makers.
Intel may obtain 10% of Apple A7 processor orders, say institutional investors
Mar 12, 16:00
Foundry service providers Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung Electronics are reportedly competing for Apple's A7 processor orders. Rumors regarding the possibility of Intel obtaining the orders have also spread. According to institutional investors, Intel may obtain 10% of...
Foxconn sees decreased February revenues
Mar 11, 10:28
The largest Taiwan-based EMS provider, Foxconn Electronics (Hon Hai Precision Industry), saw consolidated revenues of NT$235.060 billion (US$7.91 billion) for February, down 25.03% on month and 22.10% on year, and those of NT$548.587 billion for January-February dropping on year by 14.71%.
Retail channel motherboard inventory levels too high due to overstocking
Mar 7, 19:42
In order to hit their 2012 shipment targets, motherboard vendors significantly increased shipments in November-December 2012 although market demand did not rise, and consequently inventory levels in retail channels have risen to above healthy levels. In response, vendors have made large cuts in orders...
Foxconn notified of Samsung investment in Sharp in advance
Mar 7, 10:52
Taiwan-based EMS provider Foxconn Electronics (Hon Hai Precision Industry), in response to Samsung Electronics' investment of JPY10 billion (US$107 million) to acquire a stake of about 3% in Sharp, has indicated that the Japan vendor had notified it of the investment before making the announcement...
Advantech targets US$1 billion revenues in 2013
Mar 1, 15:34
Taiwan-based industrial PC (IPC) player Advantech has announced 2012 total consolidated revenues of NT$27.552 billion (US$930 million), representing an on-year growth of 4.2% compared to NT$26.434 billion in 2011. Operating profit was NT$10.931 billion and the 2012 gross margin was maintained at 39.7%...
Foxconn reportedly to move production lines out of China
Feb 27, 14:04
Seeing that Foxconn Electronics (Hon Hai Precision Industry) has no plans to recruit standard workers in China, rumors have started circulating in the IT market that Foxconn is considering moving its investment focus from China to countries such as Brazil, Indonesia, Taiwan and the US.