Inventec expects flat revenue this year

CONSERVATIVE: There is almost zero growth in the PC and server businesses, while a shortage of Intel chips continues to be a headache, president Maurice Wu said

Taipei Times
Date: Mar 27, 2019
By: Lisa Wang  /  Staff Reporter

Contract electronics maker Inventec Corp (英業達) yesterday said revenue would be flat this year, as unresolved US-China trade tensions and Intel Corp’s chip drought would exacerbate stagnation in PC and server demand.

The overall industry environment is very challenging, Inventec president Maurice Wu (巫永財) told investors in a teleconference yesterday.

In addition to fundamental weakness in PCs and servers, the US-China trade spat sabotages the world economy and electronics consumption, Wu said.

“There is almost zero growth for the two [PC and server] segments. This is a fundamental issue,” Wu said. “Intel’s CPU constraints is the second headache.”    [FULL  STORY]

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