Pegatron expects revenue to increase

AWAITING LAUNCHES:CEO S.J. Liao said a slow season would improve in the second half, when communications and consumer electronics clients launch new products

Taipei Times
Date: Mar 15, 2017
By: Lauly Li / Staff reporter

Pegatron Corp (和碩), one of Apple Inc’s iPhone assemblers, yesterday said that its revenue would climb by between 5 and 10 percent annually this year supported by rising orders from its communication, consumer electronics and computing products.

“We are cautiously optimistic about Pegatron’s operations this year. The communications department is to introduce a product that has significant changes in details, which we believe it will not let consumers down,” Pegatron chief executive officer S.J. Liao (廖賜政) told an investors’ conference at the company’s headquarters in Taipei.

Pegatron’s communications department, which includes smartphone assembling and networking products, contributed 72 percent of overall revenue of NT$360.48 billion (US$11.64 billion) last quarter, company data showed.

The department’s largest client is Apple, which is expected to launch its next-generation iPhone this year to celebrate the 10th anniversary of the device’s launch.

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