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August 13, 2013

Pegatron reports 3.2% decrease in Q2 revenue

The company recorded 28% decrease in profits to TWD1.39bn

By CBR Staff Writer

Taiwanese electronics manufacturing company and supplier of components to the Apple, Pegatron, has reported a 3.2% year over year decrease to TWD212.2bn ($7.08bn) in the revenue of second quarter of 2013, compared to the corresponding period of 2012.

For the second quarter of 2013, the company recorded 28% decrease in profits to TWD1.39bn ($46.38m), against the TWD1.93bn ($64.4m) in corresponding period prior year.

According to the company, the decrease was due to the declining revenue of the consumer electronics, whereas the revenue from both computing and communication segments grew when compared to the previous quarter.

During the period, the company’s revenue in computing and communication segments increased by 12% and 10% respectively, driven by the increasing demand for NB and communication products.

The company registered 27% decline in the revenue from consumer electronics segment.

For the third quarter of the year, the company expects the revenue from the NB shipment to decline by 5% to 10%.

Additionally, the MB and DT shipments are anticipated to decrease by 10% to 15%, while the revenue from non computing segment is expected to grow between 40% and 50%.

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