First-tier notebook maker Compal Electronics has posted consolidated revenues

Compal sees both revenues and shipments increase in September
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(Yen-Shyang Hwang, Taipei; Joseph Tsai, DIGITIMES [Monday 12 October 2009] )

First-tier notebook maker Compal Electronics has posted consolidated revenues of NT$67.35 billion (US$2.09 billion) and notebook shipments of 4.15 million units for September of 2009 with both figures being new historical highs for the company.

Compal’s September consolidated revenues were up 21.6% on month and 45.6% on year thanks to increased notebook orders for the upcoming year-end holiday season. Record September revenues also helped the company accumulate consolidated revenues of NT$412.07 billion for the first three quarters of 2009, an increase of 29.4% on year.

With Compal totaling 10.55 million notebook shipments in the third quarter, and 24.75 for the first three quarters of the year, the company has internally increased its shipment forecast for the year from the 32-35 million units previously forecast to 35-36 million units, according to market watchers.

Although Compal expects its notebook shipments will continue to grow on month in October, shipments will start dropping in November due to seasonality. However, the company still forecasts its fourth-quarter shipments will increase 10% to 11.6 million units, according to sources at Compal.

Compal rival Quanta Computer is also expected to ship about 11.6 million units in the fourth quarter, an increase of 20% sequentially, and the two companies will vie for the top spot for the fourth quarter among Taiwan notebook makers.

Compal also noted that the recent tight supply of notebook components including optical drives, GPUs and DRAM will only have a minor impact on its shipments in October.

Source: Digitimes