Focus Taiwan
Date: 2015/08/11
By: Jeffrey Wu

Taipei, Aug. 11 (CNA) Taiwan’s Inventec Corp. (英業達), one of the world’s largest

Inventec Appliance Corp. CEO David Ho (left) and Inventec Corp. General Manager Huang Kuo-chun (center).

contract laptop makers, reported Tuesday its lowest quarterly net income in the past 10 quarters as expenses and exchange losses rose.

The Taipei-based company, which assembles laptops for Hewlett-Packard Co. and Dell Inc., said its second-quarter net income stood at NT$931 million (US$28.86 million), the lowest level since it posted NT$342 million in the fourth quarter of 2012.

The April-June net profit declined by 27 percent from the previous quarter and by 38 percent from a year ago, as Inventec booked an exchange rate loss of NT$87 million and increasing operating expenses for the quarter.     [FULL  STORY]