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Quanta shipments in 2nd half could grow over 20% from 1st

Quanta shipments in 2nd half could grow over 20% from 1st

Taipei, June 18 (CNA) Quanta Computer Inc. (??), the world's largest contract notebook computer maker, said Thursday that it expects that its shipments for the second half of this year will rise more than 20 percent from the first half. In an annual general meeting, Quanta Vice Chairman C.C. Leung (???) said that with the peak season in the second half of the year approaching, the company has become more upbeat about global demand. Leung said that shipments are expected to grow quarter on quarter in the second half of the year, when the figure could surpass that of the first half by more than 20 percent. In the first quarter of this year, Quanta's shipments totaled 9.9 million units. In the January-March period, Quanta posted NT$3.67 billion (US$118 million) in net profit, down 32.1 percent from a quarter earlier due to the slow-season effect, and the first-quarter figure fell 21.48 percent year-on-year due to large foreign exchange losses. Leung said that although the global notebook computer industry is expected to see a decline in 2015 from a year earlier, he has faith that Quanta's 2015 shipments can stay little changed from 2014, when its shipments reached 48.50 million units. In the meeting, shareholders approved Quanta's proposal to issue NT$4 per share in cash dividends for 2014, when the manufacturer posted NT$4.9 in earnings per share (EPS), up from NT$4.84 recorded a year earlier. In a bid to assuage the impact of the slower global PC market and to boost its bottom line, Quanta has intensified efforts to diversify its product portfolio. Leung said his company has developed cloud-based technology to tap the booming Internet of Things and big data markets, and has started to ship wearable devices. According to Quanta, the cloud-technology operations account for about 20 percent of the company's total sales. Quanta is believed to serve as an assembler of the Apple Watch, which went on sale in the global market in April. Market analysts said that the Apple Watch could become one of the drivers of Quanta's sales growth. On the sidelines of the shareholder meeting, Quanta Chairman Barry Lim (???) said that as his company boasts a strong competitive edge over its peers, it has not yet felt the pinch of China's aggressive efforts to cultivate its own supply chain in the electronics sector. Lim added that Quanta has built close business ties with its clients so that even though new rivals have been emerging in China, the company's operations have not been affected. (By Han Ting-ting and Frances Huang)


Updated : 2021-09-24 05:55 GMT+08:00