SEASONAL EFFECT: Although the loss represents a year-on-year contraction of 3.19 percent, a Pegatron official said the decline fits company estimates and historic patterns

Taipei Times
Date: Dec 12, 2017
By: Lauly Li  /  Staff reporter

Pegatron Corp (和碩), which assembles Apple Inc’s iPhone models, yesterday reported a nearly 27 percent monthly fall in revenue to NT$121.83 billion (US$4.06 billion) last month from the previous month’s NT$166.47 billion, as the peak season waned and smartphone shipments declined.

On an annual basis, the NT$121.83 billion represented a 3.19 percent contraction from last year’s NT$125.84 billion, a company filing with the Taiwan Stock Exchange showed.

“The monthly decline was due to the seasonal effect, which is in line with Pegatron’s estimate and matches the company’s historic pattern,” a Pegatron investor relations official said by telephone.

The official said Pegatron remained optimistic that overall performance this quarter would outpace last quarter’s results on rising demand for communications products and notebook computers.    [FULL  STORY]