Hon Hai and Pegatron report record-high sales

Taipei Times
Date:  Sep 11, 2015 
By: Lauly Li  /  Staff reporter

Apple Inc’s iPhone main assemblers Hon Hai Precision Industry Co (鴻海精密) and Pegatron Corp (和碩) yesterday reported the highest August sales in their histories, with both expecting sales for this month to continue expanding on the back of new iPhone models.

Hon Hai said consolidated sales last month rose 6.48 percent to NT$292.91 billion (US$89.1 billion) from a year earlier, pushing cumulative sales in the first eight months of this year to NT$2.59 trillion, up 12.81 percent from a year earlier.

However, sales dropped 6.17 percent from July due to product transition, Hon Hai said.

“Sales in the consumer electronics segment declined from a month earlier, while the communication and computing segments remained flat from July,” a company official who declined to be named said by telephone.

Other than the iPhone assembling business, Hon Hai is widely believed to be the main supplier for Apple’s new iPad Pro tablet.

A source in the company said Hon Hai would begin shipping the new iPad in November from its plant in Chengdu, China.

The source said revenue would grow month-by-month in the remainder of this year to achieve record-high annual revenue this year.

In June, Hon Hai chairman Terry Gou (郭台銘) said the company’s sales could grow 10 percent from last year’s NT$4.12 trillion.     [FULL  STORY]

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