Pegatron posts best January revenue

INVENTORY-BUILDING: About 30 percent of the company’s production capacity was devoted to producing earlier-generation devices, which are believed to be iPhones

Taipei Times
Date: Feb 13, 2018
By: Lauly Li  /  Staff reporter

Pegatron Corp (和碩), the second-largest assembler of Apple Inc’s iPhones, has reported revenue of NT$121.06 billion (US$4.1 billion) for last month, the highest January figure in the company’s history, driven by robust demand for the iPhone 8 and earlier iPhone models.

The figure represents 35.8 percent growth from NT$89.14 billion a year earlier.

On a monthly basis, revenue grew 36 percent from December last year’s NT$89.01 billion, the company’s filing with the Taiwan Stock Exchange showed.

“The strong revenue performance was fueled by Pegatron’s communications client’s inventory-building demand ahead of the Lunar New Year holiday,” a Pegatron investor relations official said by telephone yesterday.    [FULL  STORY]

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