Pegatron Expects Increased Revenue After iPhone 6 Launch
Pegatron, Apple’s Taiwanese assembler in charge of assembling the company’s mobile communication devices, like the iPhone, expects a sharp increase in revenue during the third quarter of 2014.
The Taiwan-based company expects the increase in revenue to come from Apple’s next-generation iPhone, expected to be released next month. The projected revenues are 20 to 30 percent higher than revenue in the second quarter.
Pegatron Chief Executive Jason Cheng said in the third quarter PC clients, including HP, are likely to decrease their laptop shipments in Q3 by 5 to 10 percent as mobile devices are gaining popularity. In a conference call, Cheng said:
“I myself was quite disappointed by our notebook forecast. But we believe 2015 should finally see a sustained turnaround for the industry.”
Angela Hsiang, an analyst at KGI Securities expects Pegatron to assemble about 30 percent of the first wave of new iPhones.
“We expect 2015 sales and earnings growth to remain decent, as we project iPhone replacement demand will continue into 2015.”
Apple is expected to announce the iPhone 6 at a media event reportedly scheduled for September 9th. The next-generation iPhone is said to come in two screen sizes, 4.7 and 5.5 inches respectively, with Apple’s A8 64-bit CPU, a bigger battery, and a better camera with optical image stabilization.
The next-generation iPhone will reported be released along the final build of iOS 8. It is still unclear whether Apple will debut is long-rumoured health and fitness focused iWatch at the same event as the iPhone, or later in the year.
Pegatron reported a net profit of T$1.5 billion (about $50 million) for the second quarter (April to June) of 2014.