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Wistron expects Q3 shipment growth to stay flat

Wistron expects Q3 shipment growth to stay flat

Taipei, Aug. 25 (CNA) Wistron Corp., one of Taiwan's leading contract notebook computer makers, said Friday it expects shipments for the third quarter will stay unchanged or rise slightly from the second quarter's 7.8 million units. At an investor conference, Wistron Chairman Simon Lin said the estimate was made based on deferred demand as many buyers have put their purchasing plans on hold ahead of the launch of Microsoft's Windows 8 operating system.
However, Lin said Winstron's notebook computer sales are expected to grow significantly from October as buying interest is boosted by new models bundled with the Windows 8 operating system. In addition, revenue generated from the company's cellphone, tablet computer, TV and server production lines is expected to grow in October, while sales growth in its desktop computer and liquid crystal display operations is expected to remain flat, Lin said. Wistron also announced that it posted NT$1.46 billion (US$48.67 million) in net profit for the second quarter, down 21.60 percent from the first quarter largely due to a tax payment on retained earnings. Its earnings per share for the second quarter stood at NT$0.63, compared with NT$0.90 recorded in the first quarter, while consolidated sales for the three-month period fell 10.23 percent from a quarter earlier to NT$158.87 billion. For the first half of this year, Wistron recorded NT$3.33 billion in net profit, down 26.10 percent from a year earlier, while its EPS during the six-month period stood at NT$1.53, down from NT$2.28 a year earlier.
During the April-June period, notebook computers accounted for 65 percent of its total sales, with tablet computers accounting for 3 percent, desktop computers 9 percent, handheld devices 6 percent, and LCD TVs 4 percent.
Lin said Wistron left its 2012 notebook computer shipment target unchanged at a range between 33 million units and 35 million units, but he admitted it was likely that the company would reach the lower end of the target range despite the sluggish global economy. In the first seven months of this year, Wistron's notebook computer shipments totaled 18.60 million. (By Han Ting-ting and Frances Huang)


Updated : 2021-01-22 19:04 GMT+08:00