Inventec bullish on shipments

FALLING SHARES: Investors have been worried that the delayed launch of Apple Inc’s HomePod would negatively affect Inventec’s Q4 shipments of smart devices

Taipei Times
Date: Nov 29, 2017
By: Lauly Li  /  Staff reporter

Inventec Corp (英業達), an assembler of Apple Inc’s AirPods and HomePods, remains optimistic about its shipments of “smart” devices this quarter, despite Apple delaying the launch of the HomePod to the first quarter of next year.

“Total shipments of Inventec’s smart devices this quarter is to outpace last quarter by a mid-single-digit percentage as we forecast, reaching a peak for this year,” an Inventec official said by telephone.

Inventec’s plants in Shanghai and Nanjing, China, are running at their full capacity to meet robust demand for smart devices this quarter, the official added.

The US company earlier this month pushed the release date of its Siri-powered HomePod smart speaker from next month to early next year, saying in a statement that “it needs more time before the product is ready for customers.”    [FULL  STORY]

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