Quanta reports 7% on-year increase in July revenues
Notebook ODM Quanta Computer has reported NT$83.64 billion US$2.64 billion in July consolidated revenues, down 21.43% on month but up 7.33% on year.
The company has totaled NT$539.84 billion in year-to-date revenues, up 6.21% compared with the same time last year.Quanta shipped 3.2 million notebooks in July, down from 4.1 million units in June. Quanta is not expected to see significant contribution from Apple Watch shipments until the fourth quarter, some market watchers noted.Quanta expects its August and September notebook shipments to grow and its third-quarter shipments may produce better results than those for the second quarter.Compal Electronics had revenues of NT$60.13 billion for July, down 17.27% on month and 13.61% on year, while combined consolidated revenues for the first seven months were NT$45.73 billion, up 3.45% on year.Compal shipped 2.8 million notebooks in July, but the volume may reach 3.9 million units in September. Compal expects its third-quarter shipments to rise by a single-digit percentage sequentially. As for the fourth quarter, Compal also has weak visibility.