Hon Hai Precision Industry Co (鴻海精密) yesterday reported revenue of NT$401.62 billion (US$14.39 billion) for last month, down 11.74 percent month-on-month, but up 11.40 percent year-on-year.
Last month’s figure marked a record-high June for Hon Hai, which the company attributed to a strong showing from its consumer electronics business, followed by its components and cloud network segments.
BENEFICIAL TRENDS
Photo: Chen Rou-chen, Taipei Times
The world’s largest contract electronics maker and major iPhone assembler is benefiting from continued demand for high-end servers and laptops, iPhone 12s and 5G base stations, as consumers snatch up devices for remote work and schooling, as well as entertainment, while companies invest in technology, expanding data center infrastructure to better serve customers’ online activities, analysts said.
Revenue in the second quarter was NT$1.36 trillion, up 0.7 percent from the previous quarter and also increasing 20.3 percent from a year earlier to reach the highest for the April-to-June period, Hon Hai said.
Year-to-date revenue totaled NT$2.7 trillion, up 31.21 percent from the same period last year, the company said in a statement.
LARGAN REVENUE DOWN
Separately, Largan Precision Co (大立光) reported revenue of NT$3.37 billion for last month, up 0.35 percent from the previous month but 18.51 percent lower than a year earlier, which was in line with the company's guidance.
The smartphone camera lens supplier’s second-quarter revenue was NT$10.11 billion, down 14.4 percent from the previous quarter and also down 20.1 percent from a year earlier, with revenue in the first half of the year decreasing 15.2 percent to NT$21.93 billion, Largan said in a statement.
The company, which plans to hold an investors’ conference on Thursday, said that second-quarter revenue was the lowest in nearly nine quarters but expected this month to be better than last month as customers begin to purchase lenses for new handset models.
High-end products of 20 megapixels or greater accounted for 20 to 30 percent of the company’s sales last month, and 10 to 20-megapixel lenses accounted for 50 to 60 percent of sales, while 8-megapixel products accounted for less than 10 percent, and products in the “other” category made up 10 to 20 percent.
QISDA REVENUE RISES
Contract electronics maker Qisda Corp (佳世達) said in a regulatory filing that revenue reached NT$20.5 billion last month, increasing 13.06 percent from May and 32.59 percent from a year earlier.
The company attributed the increase to strong demand for products, as well as contributions from subsidiaries.
Revenue in the second quarter grew 28 percent year-on-year to NT$56 billion, while cumulative revenue in the first six months increased 28.98 percent to NT$106.89 billion, it said.
China’s Huawei Technologies Co (華為) plans to start mass-producing its most advanced artificial intelligence (AI) chip in the first quarter of next year, even as it struggles to make enough chips due to US restrictions, two people familiar with the matter said. The telecoms conglomerate has sent samples of the Ascend 910C — its newest chip, meant to rival those made by US chipmaker Nvidia Corp — to some technology firms and started taking orders, the sources told Reuters. The 910C is being made by top Chinese contract chipmaker Semiconductor Manufacturing International Corp (SMIC, 中芯) on its N+2 process, but a lack
NVIDIA PLATFORM: Hon Hai’s Mexican facility is to begin production early next year and a Taiwan site is to enter production next month, Nvidia wrote on its blog Hon Hai Precision Industry Co (鴻海精密), the world’s biggest electronics manufacturer, yesterday said it is expanding production capacity of artificial intelligence (AI) servers based on Nvidia Corp’s Blackwell chips in Taiwan, the US and Mexico to cope with rising demand. Hon Hai’s new AI-enabled factories are to use Nvidia’s Omnivores platform to create 3D digital twins to plan and simulate automated production lines at a factory in Hsinchu, the company said in a statement. Nvidia’s Omnivores platform is for developing industrial AI simulation applications and helps bring facilities online faster. Hon Hai’s Mexican facility is to begin production early next year and the
Who would not want a social media audience that grows without new content? During the three years she paused production of her short do-it-yourself (DIY) farmer’s lifestyle videos, Chinese vlogger Li Ziqi (李子柒), 34, has seen her YouTube subscribers increase to 20.2 million from about 14 million. While YouTube is banned in China, her fan base there — although not the size of YouTube’s MrBeast, who has 330 million subscribers — is close to 100 million across the country’s social media platforms Douyin (抖音), Sina Weibo (新浪微博) and Xiaohongshu (小紅書). When Li finally released new videos last week — ending what has
AVIATION BOOM: CAL is to renew its passenger and cargo fleets starting next year on record profits as aviation continues to return to pre-pandemic levels China Airlines Ltd (CAL, 中華航空) yesterday said it is optimistic about next year’s business outlook, as the airline continues to renew its fleet on expectations that global passenger traffic would maintain steady growth and air cargo demand would remain strong. From next year to 2028, the airline is to welcome a new Boeing Co 787 fleet — 18 787-9 and six 787-10 passenger aircraft — to cover regional and medium to long-haul destinations, CAL chairman Hsieh Shih-chien (謝世謙) said at an investors’ conference in Taipei. The airline would also continue to introduce Airbus SE 321neo passenger planes and Boeing 777F cargo jets,
RSS