Wistron’s February Growth is 22.5% Rise on Year

Last month Wistron shipped 140,000 servers, 200,000 LCD TVs, 800,000 desktops and 500,000 LCD monitors. Revenues for Wistron fell 9.65% in February on month, but rose 22.5% on year to reach US$1.6 billion. Wistron shipped 1.3 million notebooks in February, which is a similar to January’s shipments.

Wistron is expected to be one of the manufacturers of Apple’s new iPhones, and since these are expected to be released in the second half of 2017, some market watchers believe the on-month revenue drop in February was mainly due to reduced orders for existing iPhones for Wistron.

For January and February combined, Wistron’s revenues reached $3.35 billion, up 27.66% on year.

Notebook shipments for the company are forecast to decline 20% sequentially in the first half of 2017. Wistron shipped 5.6 million notebooks in the last quarter of 2016 and is expected to ship 4.48 million units in the first quarter of 2017 with shipments this month expected to reach 1.88 million units.

Wistron is also setting up a manufacturing plant for Apple’s iPhone SE in Bengaluru, India.