Mixed Results for Taiwan’s Notebook ODMs in June

Taiwan’s notebook manufacturers reported mixed results in June and for the second quarter of the year.

Compal Electronics achieved a 12.6% month on month increase in sales to NT$72.7 billion ($2.3 billion), though this was 5.2% down on June 2014. For the year to date, Compal’s sales were 6.6% higher year on year at NT$397.1 billion ($12.8 billion). Compal shipped 3.9 million notebooks in June and 9.6 million units in the second quarter, up 3.2% quarter on quarter. So far this year, Compal’s notebook shipments are 3.6% down YoY at 18.9 million units and the company has forecast that its total shipments in 2015 are unlikely to surpass those in 2014.

Inventec also saw June sales increase sequentially, rising 9.7% to NT$31.2 billion ($1 billion) but down 9.7% YoY. Sales to date of NT$180 billion ($5.8 billion) were down 18.7% from the same period of last year. The company shipped 1.5 million notebooks in June and is expected to see a slight growth in July shipments. Inventec originally expected its second-quarter notebook shipments to grow 15-20% sequentially, but the actual growth was lower than expected and reached only 12.5%.

Pegatron reported that its June revenues reached NT$70 billion ($2.2 billion), down 0.8% sequentially and 6.4% YoY. For the second quarter, the company’s sales were down 20.2% from Q1 but almost 3% higher than Q2 2014 at NT$218.6 billion ($7 billion), while for the first six months of the year, Pegatron’s sales grew 14.3% to NT$492.6 billion ($15.8 billion). The company said its Q2 result was affected by weaker-than-expected notebook demand and weak sales of its communication products. Pegatron shipped 2.2 million notebooks in Q2, 12% down on the same quarter a year earlier.

Quanta Computer said that its June sales reached the third-highest-ever monthly level of NT$106.4 billion ($3.4 billion), 38.2% higher sequentially and 48.2% up on June 2014. Q2 sales rose 22.3% sequentially to NT$251 billion ($8 billion), and for the period from January to June, rose 6% to NT$456.2 billion ($14.7 billion). Quanta shipped 4.1 million notebooks in June, a 20.6% improvement from May, though the company said it expects July shipments to decrease MoM.

Wistron reported sales of NT$54 billion ($1,7 billion) for June 2015, representing a 20.5% increase MoM and 9.9% increase YoY. The company’s year to date sales improved 13.3% YoY to NT$296.5 billion ($9.5 billion). Wistron shipped 1.9 million notebooks in the month, as well as 600,000 smart handheld devices, 300,000 LCD TVs, 1.1 million desktops and 600,000 LCD monitors.