Asustek up, while Pegatron down in November revenue growth - ResearchInChina

Date:2010-12-10liaoyan  Text Size:

Taiwan-based Asustek Computer and Pegatron Technology have announced revenues for November 2010 with Asustek seeing growth, while Pegatron saw a decline both on month and on year.

Asustek announced consolidated revenues of NT$3.2-3.3 billion (US$106.44-109.77 million) for November, a new historical record and a growth of 38% on month. The company pointed out that the growth was mainly due to strong demand in both Western and Eastern Europe as well as the company's strategy to reduce and manage inventory.

Asustek shipped 1.2 million notebooks (exclude netbooks) in November with combined shipments in the first 11 months of 2010 already reaching 10 million units, and the company should be able to achieve its 2010 target of 11 million units. For 2011, Asustek estimates to ship six million Eee PCs and 21.6 million motherboards, lower than its original expectations of 25 million units.

Pegatron, was affected by Asustek reducing its notebook orders, and saw its revenues in November drop 7.9% on month and 25.8% on year to only NT$36.02 billion. The company's combined revenues from the first 11 months of 2010 also dropped 6.2% on year to NT$393.65 billion.

In November, Pegatron shipped 1.6-1.7 million motherboards and desktops combined 1.2-1.3 million notebooks and 327,000 graphics and TV cards combined.

Pegatron: Revenues, Nov 2009 - Nov 2010 (NT$m)

Month

Sales

M/M

Y/Y

YTD

Y/Y

Nov-10

21,278

(17.5%)

 

278,365

 

Oct-10

25,788

(4.9%)

 

257,086

 

Sep-10

27,112

14.5%

 

231,298

 

Aug-10

23,678

16.4%

 

204,186

 

Jul-10

20,347

(10.3%)

 

180,508

 

Jun-10

22,684

(0.2%)

 

160,160

 

May-10

22,719

(25.6%)

 

137,477

 

Apr-10

30,517

(9.6%)

 

114,758

 

Mar-10

33,765

 

 

84,241

 

*Figures are not consolidated
Source: TSE, compiled by Digitimes, December 2010

Asustek: Revenues, Nov 2009 - Nov 2010 (NT$m)

Month

Sales

M/M

Y/Y

YTD

Y/Y

Nov-10

25,327

(5.9%)

(6%)

274,421

31.7%

Oct-10

26,903

(3%)

(6.1%)

249,094

37.3%

Sep-10

27,722

5.8%

17.6%

222,191

45.4%

Aug-10

26,205

13.6%

14%

194,469

50.5%

Jul-10

23,067

11.8%

14.6%

168,264

58.4%

Jun-10

20,628

(5.5%)

13.9%

145,197

68.6%

May-10

21,837

(21.8%)

79.7%

124,569

83.2%

Apr-10

27,925

(12%)

81.2%

102,732

84%

Mar-10

31,715

55.5%

70.5%

74,806

85%

Feb-10

20,399

(10.1%)

53.2%

43,091

97.5%

Jan-10

22,693

(6.2%)

166.9%

22,693

166.9%

Dec-09

24,190

(10.2%)

110.1%

232,577

(6.7%)

Nov-09

26,929

(6%)

58.3%

208,387

(12.4%)

*Figures are not consolidated
Source: TSE, compiled by Digitimes, December 2010

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