Quanta notes record notebook shipments, revenues

Taiwanese maker of contract notebooks Quanta Computer has revealed that shipments are growing at a rate worthy of The Flash, almost 25 percent in just the second quarter with shipments hitting record highs for the company last month.

With increased demand for PCs, Quanta saw consolidated revenues in June up a respectable 8.3 percent sequentially and 54 percent year on year, to hit a new record of NT $100.22 billion – that’s US $3.12 billion.

Apparently clients wanted their notebooks *now* and so pushed orders forward to June, with Quanta shifting 4.8 million notebooks in one month alone. That makes the total for Q2 2010 at 13.7 million units.

The company expects that notebook shipments will continue to be on the up and up, forecasting between 10 and 20 percent sequentially for Q3. It holds onto expectations for its annual notebook total to be about 50 million units. That’s up 40 percent year-on-year. 

However, analyst Vincent Chen told the Taipei Times that Quanta may need to tread on eggshells where near-term prospects are concerned: “An uptick in notebook ODM shipments in June is mainly a result of sell-in strength, and we believe demand in Western Europe remains weak – back-to-school demand is still unclear.”

He reckons it’s likely Quanta’s selling will slow, along with competitors like Compal Electronics and Wistron, because the recent surge in shipments has been a result of price cuts. Speaking of Wistron – it’s also done well for itself in the short term, posting its Q2 results.

Wistron’s managed to bag Q2 revenues of NT $148.8 billion which is up four percent from Q1 2010, and 17 percent growth year-on-year. As the world’s third largest contract notebook maker, trailing behind Quanta in fact, it shipped 2.55 million notebooks in June alone. It thinks shipments are going to drop slightly during July but will be back up again in time for August. Wistron reckons its Q3 shipments will be up between 10 and 15 percent over Q2.