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%.

Digitimes Research: Taiwan 2Q13 digital camera shipments expected to rebound sequentially

Apr 30, 09:51

Taiwan-based ODMs Ability Enterprise, Altek, Foxconn Electronics and Asia Optical will ship 6.48 million digital cameras during the second quarter of 2013, increasing 12.9% from the 16-quarter low of 5.74 million units posted in the preceding quarter but decreasing on year by 43.6%, according to Digitimes...

Huawei Enterprise aims at 2013 revenues of US$2.95 billion

Apr 24, 12:34

Huawei Enterprise, a business group of China-based ICT solution provider Huawei Technologies, has set target revenues of US$2.95 billion for 2013, hiking by 58.6% from 2012.

Asustek cooperates with subsidiary to launch in-car cloud computing navigation system

Apr 23, 21:48

Asustek Computer on April 23 announced the adoption of a smart cloud computing-based navigation system for 35 Toyota electric cars to be available for rent in the Sun Moon Lake scenic area, central Taiwan. The system was developed through cooperation with its wholly-owned automotive electronics design...

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.

Foxconn to pay Microsoft for production of Android/Chrome devices

Apr 17, 22:06

Foxconn Electronics (Hon Hai Precision Industry) on April 17 signed contracts with Microsoft to acquire authorization for patents used in the production of Android- and Chrome-based devices such as smartphones, tablets and TVs.

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 books DDR2 production capacity with higher prices, say sources

Apr 16, 21:24

Foxconn Electronics reportedly has booked a portion of 512Mb DDR2 production capacity at Winbond Electronics with prices 15-20% higher than the prevailing market price in order to secure a steady supply of memory chips, according to industry sources.

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.

Compal ships 3.8 million notebooks, 400,000 tablets in March

Apr 9, 18:10

Compal Electronics shipped 3.8 million notebooks and 400,000 tablets in March, together growing 40% on month, according to the company.

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.

Commentary: Labor shortages, rising wages in China push notebook component firms toward automation

Apr 1, 11:10

China continues to increase minimum wages but labor shortages along the coast continue sending the notebook supply chain moving inward to central China. The lack of labor is notebook firms' biggest problem currently and some brands have decided to work with component providers to build automated production...

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...

TPV announces 2012 financial results

Mar 25, 16:05

LCD display OEM TPV Technology has announced that its 2012 comprehensive income amounted to US$12 billion, up 8.5% on year.

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...

Pegatron to deal out 2012 cash dividend of NT$1.50

Stockwatch - Mar 22, 11:30

Pegatron Technology will distribute a cash dividend per share of NT$1.50 for 2012, according to a decision made by the company's board of directors on March 21.

Government will abolish Nuke 4 project if experts label it unsafe, says Taiwan Premier Jiang

Mar 18, 15:10

Approximately 200,000 people joined Taiwan's anti-nuclear protest on March 9, 2013. Some statistics showed that 50-60% of people surveyed were against using nuclear power to generate electricity. According to Premier Jiang Yi-huah of the Executive Yuan, if experts conclude that operating the fourth...

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.

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%.

Foxconn chairman to meet Sharp executives to close partnership deal, say market watchers

Mar 8, 14:07

Foxconn Electronics (Hon Hai Precision Industry) chairman Terry Guo reportedly will have a meeting with Sharp's executives in Japan soon to finalize the two firms' partnership, according to market watchers familiar with the situation.

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...

Samsung investment in Sharp may trigger Foxconn-Samsung partnership, say market watchers

Mar 7, 13:53

Although most market watchers expect Samsung Electronics' investment in Sharp to affect Sharp's relationship with Foxconn Electronics (Hon Hai Precision Industry), some market watchers believe that the investment may become a chance for Foxconn to cooperate with Samsung.

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...

Pegatron expects decreases in 1Q13 notebook, desktop, motherboard shipments

Mar 5, 18:57

Pegatron Technology expects notebook shipments during the first quarter of 2013 to slip on quarter by 20-25% and desktop and motherboard shipments by 30-35%, company CEO Jason Cheng said at a March 5 investors conference.

Component shipments for iMac in March may not bounce back to January level

Mar 5, 11:50

Component shipments for Apple's new iMac suffered a big drop on month in February due to fewer working days caused by the Lunar New Year holidays and March shipments are also expected to be weaker than those in January, according to sources from the upstream supply chain.

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%...

Commentary: Entering the entry-level tablet competition a must for ODMs

Mar 1, 10:32

Although some upstream supply chain players do not think notebook ODMs should join the entry-level tablet competition because of profitability concerns, it seems a neccessary step that ODM must take in order to stay competitive in the PC market.

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.

Acer to ship 10 million tablets in 2013, say sources

Feb 25, 12:21

Acer may be able to ship 10 million tablets in 2013, up more than 400% on year, due to strong demand for entry-level tablets, according to sources from the upstream supply chain.

Top notebook manufacturers start 2013 on a weak note, says IHS

Feb 22, 11:40

The world's leading notebook ODMs will endure a bleak first quarter and slow first half in 2013, before ultra-thin PC sales help revive the market later in the year, according to research firm IHS.