Quanta Computer denies reported layoffs
May 4, 15:32
Quanta Computer on May 3 firmly denied reports that the company will lay off 10-20% of employees in June, adding that a number of employees voluntarily resigned due to merging a business office in Hsinchu, northern Taiwan into its headquarters in late 2015 and corporate reorganization in the first...
Demand for IC solutions from China robot markers increasing
Apr 25, 11:31
China-based hardware makers have rushed into the development and manufacture of robot products, offering an opportunity for Taiwan-based chipset vendors to ramp up their shipments to the sector, according to sources from Taiwan's IC supply chain.
Pegatron reshuffles executive positions
Apr 22, 15:23
Pegatron, in response to vice chairman Ted Hsu's departure to join Asustek Computer as chief strategy office, has decided to reshuffle its executive positions including CEO, COO, CTO and R&D director, with new executives to come into office on July 1, 2016, according to the company.
VIA subsidiary Xander raided for making fake transactions
Stockwatch - Apr 22, 14:58
Taiwan's District Prosecutors Office raided the headquarters of Taiwan-based channel distributor Xander, a subsidiary of VIA Technologies, on April 21 as some of the company's executives and workers are suspected of having made fake transactions with companies they established to make its financial...
Primax reports increased earnings for 1Q16
Newswatch - Apr 22, 14:24
PC peripheral and mobile device component maker Primax Electronics has reported net profits of NT$400 million (US$12.38 million) for the first quarter of 2016, increasing 9% from a year earlier. The earnings translated into an EPS of NT$0.91 for the quarter compared to NT$0.85 of a year earlier.
China white-box players eye VR, robot business opportunities
Apr 21, 14:08
With virtual reality (VR) becoming a hot topic in the IT industry, China-based white-box players have been aggressively releasing inexpensive head-worn VR devices and home-care robots, and even formed a supply chain ecosystem specifically for VR products. Currently, the retail channel in Shenzhen is...
Asustek notebook orders for BYD still low
Apr 19, 12:36
Asustek Computer is ready to launch its new notebooks soon with Pegatron Technology remaining its major supplier, followed by Quanta Computer, Wistron, BYD and Compal Electronics. However, the order volume to China-based BYD is still small due to its unsatisfactory manufacturing performance, according...
Pegatron vice chairman Ted Hsu reportedly to become Asustek chairman
Apr 19, 11:55
Asustek Computer chairman Jonney Shih reportedly plans to resign from his position and will let Pegatron Technology's vice chairman Ted Hsu succeed him. Asustek confirmed that Hsu will return to become the company's strategy officer and will also join the board of directors, but Asustek and Pegatron...
Foxconn reportedly to return to China retail channel
Apr 19, 11:49
Foxconn Electronics (Hon Hai Precision Industry) reportedly is planning to return to China's retail channel, but instead of creating a specific department, Foxconn is separating the country into 8-10 areas for each of its sub-business groups to handle one segment, according to industry sources.
Quanta sees strong growth in March notebook shipments
Apr 12, 11:52
Quanta Computer's notebook shipments grew by 65% on month to reach 3.8 million units in March. Although Quanta expects its second-quarter shipments to see sequential growth, it is not able to predict the extent of growth due to low order visibility.
Foxconn sees increased March revenues
Apr 11, 10:57
Foxconn Electronics has reported consolidated revenues of NT$339.621 billion (US$10.34 billion) for March, increasing 21.01% on month and 0.39% on year.
Inventec reports revenues for March 2016
Stockwatch - Apr 8, 16:08
Inventec has reported consolidated revenues of NT$36.48 billion (US$1.13 billion) for March 2016, representing a 26.79% increase on month and 7.93% increase on year.
Compal sees on-month growth in March revenues
Stockwatch - Apr 8, 16:07
Compal Electronics has reported consolidated revenues of NT$69.58 billion (US$2.15 billion) for March 2016, representing a 36.49% increase on month and 7.17% drop on year.
Foxconn denies of having evaded taxes
Stockwatch - Apr 7, 21:06
Commenting on a report which claims that Foxconn Electronics (Hon Hai Precision Industry) has evaded taxes worth up to NT$741.2 billion (US$22.86 billion) via investments in Panama, Foxconn said the company has always been an honest tax payer and paid over NT$48 billion in taxes in Taiwan in 2015.
ECS sees over 29% on-month decline in March revenues
Stockwatch - Apr 6, 21:41
Elitegroup Computer Systems (ECS) has reported consolidated revenues of NT$2.69 billion (US$82.89 million) for March 2016, representing a 60.71% increase on month but a 29.32% drop on year.
Sharp may outsource mass production to Innolux, says Foxconn chairman
Apr 6, 14:56
Sharp, following Foxconn Electronics' stake investment, will focus R&D and production on panels involving cutting-edge technologies, while Innolux, a member of the Foxconn Group, will maintain large volume production. Sharp is likely to outsource mass production to Innolux, according to Foxconn...
Quanta reports decreased profits for 2015
Newswatch - Apr 6, 11:11
Quanta Computer has reported that its net profits declined 5.6% on year to NT$17.827 billion (US$538.91 million) for 2015, the lowest level in nine years. The earnings translated into an EPS of NT$4.62 for 2015.
Foxconn to invest US$1.65 billion in China subsidiaries
Mar 31, 15:23
Following its acquisition of Sharp, Foxconn Electronics (Hon Hai Precision Industry) has announced investments totaling US$1.65 billion in several companies in China covering industries including handsets, optical lenses, glass products, automation systems and robots.
Compal sees flat performance in 2015 revenues
Stockwatch - Mar 31, 14:09
Compal Electronics has announced consolidated revenues of NT$847.31 billion (US$25.97 billion) for 2015, up 0.2% on year. Its 2015 net operating profits came to NT$11.31 billion, down 3% on year, and it reported NT$8.69 billion in net profit and NT$2.01 in EPS for the year.
Foxconn post 2015 results
Stockwatch - Mar 31, 11:13
Foxconn Electronics (Hon Hai Precision Industry) has posted consolidated revenues of NT$4,482.15 billion (US$136.4 billion), gross margin 7.15%, net operating profit NT$164.27 billion, net profit NT$146.87 billion and net EPS of NT$9.42 for 2015.
Foxconn Group to invest JPY388.812 billion in Sharp
Mar 30, 22:13
Foxconn Electronics, its Cayman Islands-registered subsidiary Foxconn (Far East), Singapore-based Foxconn Technology Pte. and SIO International Holdings will together acquire 3.282 billion new common shares to be issued by Sharp to expand paid-in capital at JPY88 per share and a total price of JPY388.812...
Clevo to sell real estate in China to help improve operations
Mar 29, 14:54
Clevo's subsidiary in China, Buynow, is expected to sell its over 250,000 square meters of real estate in China in 2016 for a total price of CNY2.2 billion (US$338.42 million). Income will be used to help optimize its balance sheet structure and improve asset operating efficiency.
Quanta partners with Ericsson for cloud computing datacenter business
Mar 23, 15:36
Quanta Computer has partnered with telecom equipment maker Ericsson to push the cloud computing datacenter market and the cooperation is expected to boost its telecom products' revenue contribution in the cloud computing business from 3% currently to 40% after five years.
Inventec nets NT$1.55 for 2015
Mar 22, 22:07
ODM Inventec released financial report for the fourth quarter of 2015 at a March 22 investors conference, recording a net EPS of NT$1.55 for 2015.
Brazil notebook market suffering inventory pile up
Mar 21, 15:35
With a 30% on-year drop in notebook sales in 2015, Brazil's notebook retail channel is suffering from a serious inventory pile up, and most brand vendors' orders for the country have turned weak since the fourth quarter of 2015, and several have even stopped pulling in orders for January and February...
Pegatron posts strong earnings in 2015
Stockwatch - Mar 18, 10:54
Pegatron Technology has reported that its net profits grow 62.5% on year to NT$23.81 billion (US$734.71 million) in 2015 as consolidated revenues expanded 19% to NT$1.21 trillion.
Quanta lands OEM orders for VxRail from EMC
Mar 15, 21:50
Quanta Computer has obtained OEM orders for US-based EMC's VxRail storage equipment based on hyper-converged infrastructure, which integrates servers with storage devices to minimize dimensions, according to Taiwan-based supply chain makers.
Negotiations continue on Foxconn Sharp deal
Mar 15, 17:25
Foxconn Electronics is undertaking its due diligence at Sharp's factories for a planned bailout for Sharp and both sides may sign the deal this week, according to Japan-based Nikkan Kogyo.
Foxconn revenues down on month in February
Stockwatch - Mar 14, 11:33
Foxconn Electronics (Hon Hai Precision Industry) has reported consolidated revenues of NT$280.648 billion (US$8.598 billion) for February 2016, representing a 16.87% drop on month and 0.22% increase on year.
Foxconn Technology sees February revenues decline
Stockwatch - Mar 11, 15:06
Foxconn Technology Corporation has reported consolidated revenues of NT$4.556 billion (US$138.49 million) for February 2016, representing a 30.51% drop on month and 36.64% drop on year.
Pegatron sees revenues drop in February
Mar 11, 14:57
Pegatron Technology saw its February 2016 revenues drop 35.2% on month and 5.1% on year to reach only NT$65.72 billion (US$2 billion) due to seasonality and fewer working hours caused by the Lunar New Year holidays.
Lite-On Technology revenues drop in February
Stockwatch - Mar 10, 16:20
Lite-On Technology Corporation has reported consolidated revenues of NT$14.086 billion (US$429.02 million) for February 2016, representing a 18.77% drop on month and 2.07% drop on year.
Chicony Electronics sees revenues drop in February
Stockwatch - Mar 10, 16:17
Chicony Electronics has reported consolidated revenues of NT$4.593 billion (US$150.85 million) for February 2016, representing a 17.99% drop on month and 34.17% drop on year.
Compal notebook shipments rise 15% in February
Mar 10, 12:19
Compal Electronics shipped 2.3 million notebooks during February, up 15% from a month ago. The company expects shipments to continue increasing in March at a double-digit percentage rate.
Wistron, Inventec see better-than-expected shipments in February
Mar 9, 15:26
Wistron shipped 1.1 million notebooks, 800,000 desktops, 500,000 monitors, 300,000 LCD TVs and 130,000 servers in February, while fellow maker Inventec shipped 1.25 million IT devices including notebooks and all-in-one PCs, in the month, up from 1.2 million units in January.
Qisda nets NT$1.10 per share for 2015
Stockwatch - Mar 9, 11:00
DMS (design and manufacturing service) provider Qisda has published its 2015 financial report, posting consolidated revenues of NT$133.102 billion (US$4.05 billion), net profit of NT$2.169 billion and net EPS of NT$1.10.
Sharp accepts Foxconn bailout
Feb 25, 11:25
Sharp's board of directors has accepted a JPY700 billion (US$5.81 billion) bailout plan proposed by Taiwan-based EMS provider Hon Hai Precision Industry (Foxconn Electronics), according to Japan-based Nikkei News.
Notebook ODMs pushing into IoT business
Feb 19, 11:17
Notebook ODMs have been expanding into the Internet of Things (IoT) industry with both Compal Electronics and Pegatron Technology having established teams to specifically handle related development, while Wistron has been investing in IoT players to build cooperation.