Highlights of the day: Wistron optimistic about 2020 sales

The coronavirus pandemic is threatening the lives and livelihoods of many, but despite the uncertainty lying ahead of the IT industry, Taiwan-based ODM Wistron - a major maker of notebooks and servers - remains optimistic that its sales will grow in 2020. The outbreak in China has convinced many makers of the need to relocate some production lines to other countries, but Taiwan-based PCB makers are reluctant to move out, as their new plants in China are set to come online. The memory sector has been a lucky one in the face of the outbreak, with module makers poised to report profit growth for first-quarter 2020.

Wistron expects sales growth in 2020: Despite the coronavirus pandemic, Wistron chairman Simon Lin still expects the company to enjoy another year of revenue growth in 2020.

Taiwan PCB makers to stay put in China despite pandemic: Taiwanese PCB makers, despite the coronavirus pandemic's impacts, still expect 5G handset demand to pick up later this year, and remain reluctant to move production out of China in the near future, according to industry sources.

Memory module firms to post profit growth in 1Q20: Memory module houses are expected to post impressive profit and margin results for the first quarter of 2020, driven by chip price increases, according to industry sources.

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