Pegatron suffers January-September net loss of NT$864 million

   Date:2011/10/28

Pegatron Technology has posted January-September net losses of NT$864 million (US$29.8 million).

IT product lines including notebooks, tablets and desktops and motherboards accounted for 59% of third-quarter consolidated revenues, followed by 21% for communication products and 19% for consumer electronics, according to company CEO Jason Cheng.

Pegatron expects aggregate shipments of notebooks, netbooks and tablets decrease 10-15% sequentially in the fourth-quarter and those of motherboards and desktops to drop by 15-20%, Cheng indicated. With addition of Japan-based clients, Pegatron expects 2012 shipments of notebooks to increase about 30% from an estimated 14.5-15.5 million units in 2011, Cheng noted.

Pegatron has hiked its quotes to reflect increased labor and materials costs and has been minimizing production costs by beginning production at its factory in Chongqing City, western China and increasing automation, Cheng said.

Source:digitimes

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