Watches to boost Quanta’s revenue

GOOD TIMING:As the sole assembler of Apple Watches, the timepieces are having an energizing effect on Quanta Computer’s bottom line, along with notebook items

Taipei Times
Date: Sep 28, 2015
By: Lauly Li  /  Staff reporter

Quanta Computer Inc’s (廣達) revenue is expected to top NT$100 billion (US$3 billion) this month, driven by growing demand for Apple Inc’s Apple Watch and notebook computer products from other brands, analysts said.

“Apple Watch’s arrival in three more countries this month will surely benefit Quanta’s monthly sales performance,” a Yuanta Securities Investment Consulting Co (元大投顧) analyst said by telephone.

Given that Quanta is the sole assembler for Apple Watch, the ramp-up in production from last month and the increasing exposure of the smartwatch worldwide will buoy the firm’s revenue, said the analyst, who declined to be named.     [FULL  STORY]

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