Quanta Computer has announced third quarter non-consolidated revenues of NT$210.26 billion (US$6.49 billion) with a net income of NT$5.24 billion, an increase of 36% on year. The company's third-quarter EPS (earnings per share) was NT$1.51, an increase of 30% compared to the same period last year, while non-consolidated gross margin was 3.4% and consolidated gross margin was 4.7%, according to the company.
The company's accumulated revenues in the first three quarters of 2007 were NT$507.37 billion with a net income of NT$12.88 billion, an increase of 47.76% on year. EPS was NT$3.72 and gross margin was 3.8%, added the company.
With Dell's 13.3-inch and color notebooks having great performance in the worldwide market, the vendor has already expanded its outsourcing to Quanta in the fourth quarter of this year, which could break Quanta's original goal of shipping 30 million notebooks in 2007, while setting a new historic record, noted CC Leung, president of Quanta. Leung added that the company will challenge to ship 36 million notebooks in 2008.
The LCD panel shortage will continue even after the end of next year due to high demand in the TV market, Leung predicted. However Quanta has a long history with its supply chain, therefore the shortage will not affect the company's shipments. However, the fewer working days in the first quarter of 2008 due to the Lunar New Year should drop the company's notebook shipments around 10%, Leung noted.
Leung also confirmed that there is a trend of notebooks replacing desktop PCs in the market and remarked that Intel's new notebook platform and Windows Vista should boost notebook shipment growth by 27-30% in 2008.
Quanta will focus more to deepen cooperation and alliances with chassis supply partners to lower operational costs in 2008, Leung noted, adding that there is always the possibility of making an acquisition.
With Quanta cutting into different markets, its non-notebook product ratio has reached 22% of total shipments, while the company expects the number will go up to 25% in 2008.
Due to weak performance of the handset business, Quanta is making adjustments to avoid direct competition with low-price handsets and is directing the business into producing smartphone and MID (mobile Internet device) related products, added Leung.
CC Leung, president of Quanta
Photo: Yen Ting Chen, Digitimes
No comments:
Post a Comment