SLOW START: While total sales this quarter are expected to see double-digit growth from last year, sales in some areas, such as laptops and PCs, are expect to remain sluggish
Taipei Times
Date: May 11, 2018
By: Ted Chen / Staff reporter
Pegatron Corp (和碩) expects earnings to begin improving next quarter as new products are launched ahead of the high-season in the second half of this year.
Sales this quarter would continue to see declines that persisted during the slow season in the first three months of the year, chief executive officer S.J. Liao (廖賜政) told a teleconference yesterday.
However, revenue contribution from laptop and desktop computers was expected to shrink by 10 to 15 percent, with non-information technology related products expected to be more resilient to the slump and see smaller declines, Liao said.
Total sales during the second quarter are expected to show a double-digit growth from a year earlier, Liao said, adding that the contract electronics manufacturer would see diminished foreign exchange pressure as the New Taiwan dollar weakens.
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