Xiaomi Corp (小米) is likely to ship only 300,000 notebook computers this year, lower than market estimates of 1 million units, according to the Chinese company’s supply chain sources.
The lower shipment estimates for this year comes after the Chinese company postponed the launch date of its laptops by several quarters, sources said.
Inventec Corp (英業達), Xiaomi’s long-term assembly partner, in September last year said it would help the company make its first-ever notebook product in the first quarter of this year.
The Chinese company later picked Wistron Corp (緯創) over Compal Electronics Co (仁寶) to be the second assembler for its notebooks, people who are familiar with the matter told the Taipei Times.
Both Inventec and Wistron are expected to start shipping Xiaomi notebooks from this quarter — 150,000 units of the 12-inch notebooks from Inventec and 150,000 units of the 13-inch model from Wistron, sources said.
The Chinese company is scheduled to hold a product launch on Wednesday next week in Beijing, which is widely anticipated to introduce its new Redmi smartphone and two notebooks.
Inventec yesterday confirmed that it would start to ship Xiaomi’s 12-inch notebook from the end of this month, but refused to say if projected total shipments would be 150,000 units.
“I can only say the initial shipments for the products are not massive,” an Inventec official said by telephone.
Wistron declined to comment on its clients.
Yuanta Securities Investment Consulting Co (元大投顧) said it is possible that Xiaomi’s notebook shipments would only reach 300,000 units this year due to time constraint for its suppliers.
In addition, the Chinese company might post its first annual decline in smartphone shipments this year, because of “very” weak demand in the first quarter, Yuanta analyst Jeff Pu (蒲得宇) said by telephone.
Pu said that Chinese smartphone demand was bleak in the first quarter, but improved significantly in the second quarter, with the strength extending into this quarter.
However, the recovery would not be enough to offset the weakness in the first quarter, he said.
“We forecast that Xiaomi’s smartphone shipments would drop more than 17 percent to 58 million units this year from last year’s 70 million, which would impact Xiaomi’s smartphone assemblers,” Pu said.
However, Inventec said Xiaomi has not lowered its order forecast for smartphones for this year.
“Inventec still expects to ship between 40 million and 45 million handsets this year, including smartphones for Xiaomi,” a company official said.
SELL-OFF: Investors expect tariff-driven volatility as the local boarse reopens today, while analysts say government support and solid fundamentals would steady sentiment Local investors are bracing for a sharp market downturn today as the nation’s financial markets resume trading following a two-day closure for national holidays before the weekend, with sentiment rattled by US President Donald Trump’s sweeping tariff announcement. Trump’s unveiling of new “reciprocal tariffs” on Wednesday triggered a sell-off in global markets, with the FTSE Taiwan Index Futures — a benchmark for Taiwanese equities traded in Singapore — tumbling 9.2 percent over the past two sessions. Meanwhile, the American depositary receipts (ADRs) of Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the most heavily weighted stock on the TAIEX, plunged 13.8 percent in
A wave of stop-loss selling and panic selling hit Taiwan's stock market at its opening today, with the weighted index plunging 2,086 points — a drop of more than 9.7 percent — marking the largest intraday point and percentage loss on record. The index bottomed out at 19,212.02, while futures were locked limit-down, with more than 1,000 stocks hitting their daily drop limit. Three heavyweight stocks — Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), Hon Hai Precision Industry Co (Foxconn, 鴻海精密) and MediaTek (聯發科) — hit their limit-down prices as soon as the market opened, falling to NT$848 (US$25.54), NT$138.5 and NT$1,295 respectively. TSMC's
TARIFFS: The global ‘panic atmosphere remains strong,’ and foreign investors have continued to sell their holdings since the start of the year, the Ministry of Finance said The government yesterday authorized the activation of its NT$500 billion (US$15.15 billion) National Stabilization Fund (NSF) to prop up the local stock market after two days of sharp falls in reaction to US President Donald Trump’s new import tariffs. The Ministry of Finance said in a statement after the market close that the steering committee of the fund had been given the go-ahead to intervene in the market to bolster Taiwanese shares in a time of crisis. The fund has been authorized to use its assets “to carry out market stabilization tasks as appropriate to maintain the stability of Taiwan’s
In a small town in Paraguay, a showdown is brewing between traditional producers of yerba mate, a bitter herbal tea popular across South America, and miners of a shinier treasure: gold. A rush for the precious metal is pitting mate growers and indigenous groups against the expanding operations of small-scale miners who, until recently, were their neighbors, not nemeses. “They [the miners] have destroyed everything... The canals, springs, swamps,” said Vidal Britez, president of the Yerba Mate Producers’ Association of the town of Paso Yobai, about 210km east of capital Asuncion. “You can see the pollution from the dead fish.