Compal's aggregate revenue shot up 70% in first two months
Mar 08, 2007
Compal Electronics Inc., one of Taiwan's leading suppliers of notebook PCs, raked in revenue of NT$27.28 billion in February, up 56.7% from one year earlier, and posted aggregate revenue of NT$61.93 billion for the first two months, up 70% from a year earlier, according to company sources. Compal shipped 1.38 million notebook PCs in February, representing an 80% growth from a year earlier. Including January's 1.73 million units, the firm's combined notebook PC shipment for the first two months amounted to 3.11 million units. Riding on orders from Dell and Asustek and increasing market demand for new notebook PCs featuring Vista operating system in January, Compal recorded a better-than-expected revenue for the month. But the firm's February revenue declined 21.3% from January due to the long Chinese New Year holidays during the month, according to institutional investors. Compal projects its notebook PC shipment for the first quarter to decline by 10-15% from the fourth quarter of 2006. But the second-quarter shipment is expected to surge 5% due to the effect of operating system Vista. On the other hand, Compal's aggregate video product shipment for the first two months has reached 440,000 units, including 180,000 units in February. Institutional investors have projected Taiwan's top-four notebook PCs suppliers, namely Quanta, Compal, Inventec and Wistron, to jointly score shipment of 14.47 million units in the first quarter, down 12.4% from a quarter earlier. source & copyright: CENS
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