14 April 2008

Taiwan EMS Companies Having a Good Year

China Economic News (CENS) reports Hon Hai Precision Technology topped NTD100 billion reaching NTD104 billions. CENS reports:

Hon Hai Precision saw March sales grow 18.8% year-on-year and up 12.7% from the preceding month, achieving the sixth-highest monthly sales in history. The company scored NT$301.8 billion (US$9.89 billion) in cumulative sales in the first quarter of this year, up 22.3% year-on-year but down 27.1% from a historic high in the fourth quarter of last year.

Meanwhile CENS also reports that both Wistron and Inventec have also done well in Q1. CENS says:

Wistron Corporation, one of Taiwan`s leading manufacturers of notebook computers, registered NT$34.268 billion (US$1.12 billion at US$1:NT$30.5) in sales in March, up 63.5% year-on-year and up 41.6% from the preceding month, hitting a historic monthly high.

CENS continued:

Inventec Corp., another large-sized NB manufacturer, registered NT$21.8 billion (US$714.75 million) in March sales, up 17% from the preceding month`s NT$20.75 billion (US$680.32 million) and representing a slight growth of 3% from a year earlier.

The company scored NT$66 billion (US$2.16 billion) in sales in the first quarter of this year and expects to see a 20% year-on-year growth in sales in the second quarter. The optimistic projection for the second quarter is based on the shipment growth in business-type and large-sized NBs.

Article 1: Hon Hai Saw Monthly Sales Rebound NT$100 B. in March
Article 2: Wistron Achieves Highest-ever Sales in March)

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