Menu
Ripper month for Tawanese tech companies

Ripper month for Tawanese tech companies

Several Taiwanese electronics companies that provide a large portion of the parts used in the world's PCs and other gadgets reported record monthly revenue for September, a sign the global technology industry continues to steam ahead.

Take Asustek, the world's largest motherboard maker. The company said its revenue in September climbed 63 percent compared to last year, to NT$33.1 billion ($1.4 billion), thanks to record shipments of motherboards, graphics cards and notebook computers. Asustek's previous sales record stood at NT$32.02 billion, set in August.

Hon Hai Precision Industry, the world's largest contract electronics maker, recorded sales of NT$68.02 billion ($2.9 billion) in September, up 65 percent year-on-year and far better than its previous high of NT$50.81 billion, set in March this year. Aside from PCs, the company manufactures a range of products on behalf of other companies, including PlayStation products for Sony, mobile phones for Nokia and, reportedly, Apple Computer's new iPod nano.

"We do not believe that strong September sales mark the end of the peak season," Henry King, a technology industry analyst at Goldman Sachs, said in a research report. October could be even better for Taiwanese tech firms, he added.

The companies are benefitting from strong PC sales globally, and laptops in particular, he said. Goldman Sachs expects global PC shipments to continue to rise in coming months, despite weakness in the U.S. Shipments to Europe and Asia have been improving as the year draws on, in part thanks to strong sales of clone or "white box" PCs, those that don't carry a major brand name.

Taiwanese companies in the business of producing one of the most expensive parts for a notebook computer, its screen, shined last month. AU Optronics, the third largest producer of LCDs (liquid crystal displays), posted a record NT$21.93 billion in revenue for September, up 70 percent compared to the same month last year and better than its previous high of NT$20.14 billion in August.

The company's main rival in Taiwan, Chi Me Optoelectronics, said its sales rose to NT$16.52 billion in September, a record high and 76 percent over last year.

Two of Taiwan's best known companies also beat their previous highest monthly revenue in September. Acer, which is fighting to grab the number-three spot in the global PC industry, said its September revenue hit NT$32.4 billion, up nearly 50 percent over the same month last year and far better than its previous record from November of last year, of NT$27.4 billion.

Taiwan Semiconductor Manufacturing, the world's largest contract chip maker, said its September sales rose 9 percent year-on-year to NT$25.23 billion, beating its previous record high of NT$23.4 billion set in August of last year.


Follow Us

Join the newsletter!

Error: Please check your email address.

Featured

Slideshows

Reseller News ICT Industry Awards 2017 - Meet the winners...

Reseller News ICT Industry Awards 2017 - Meet the winners...

Reseller News honoured the industry’s finest on a standout evening for the New Zealand channel, recognising the achievements of established and emerging partners on a memorable night in Auckland.

Reseller News ICT Industry Awards 2017 - Meet the winners...
Show Comments