Pegatron Forecasts Notebook Growth

Including non-operating losses of NT$1.2 billion ($37.9 million), mostly from foreign exchange, Pegatron Corporation recorded Q3 net profits of NT$2.1 billion ($65 million), down fom NT$11.3 billion ($353 million) last time, on turnover of NT$316.2 billion ($9.9 billion), up from NT$309.5 billion ($9.7 billion). For the nine months profits fell to NT$7.8 billion ($244 million) from NT$21.2 billion ($666.3 million) on revenue which slipped to NT$797.2 billion ($25.0 billion) from NT$801.7 billion ($25.2 billion). Sales for October were down 14% to NT$150.8 billion ($4.7 million), bringing year-to-date turnover to NT$948.4 billion ($29.8 billion – down 3%). The company said that it expected notebook shipments to be up over 25% QoQ in Q4.