Cheng Uei and Quanta in high spir­its for to­day’s Ap­ple Watch pre­order

The China Post - - TAIWAN BUSINESS - BY STEPHANIE CHAO

Cheng Uei Pre­ci­sion In­dus­try Co. ( ) and Quanta Com­puter Inc. ( ), sup­pli­ers of the Ap­ple Watch, have rea­son to smile as stocks are soar­ing in an­tic­i­pa­tion of the Ap­ple Watch’s pre­order set to begin to­day.

Terry Gou ( ), chair­man and pres­i­dent of Foxlink Group ( ), said yes­ter­day that he feels op­ti­mistic about this year’s busi­ness. The com­pany has been in­vest­ing in re­cent tech­nol­ogy trends, such as wear­able de­vices and Type C USBs this year.

Cheng Uei hit an in­tra­day high with its 4.17 per­cent gain and shares priced at NT$62.5, which is nearly a year-on-year high. Cheng Uei had also in­vested NT$900 mil­lion in Cen­tral Pic­tures Cor­po­ra­tion ( ) and ac­quired 13.6 per­cent of Cen­tral Pic­ture’s eq­uity, land rental in­come, as­set reval­u­a­tion and in­vest­ment in the cul­tural and cre- ative in­dus­try, re­sult­ing a steady rise for Cheng Uei’s shares.

Quanta Com­puter, the prin­ci­pal Ap­ple Watch man­u­fac­turer, saw its shares rise by 1.9 per­cent, re­sult­ing from the mar­ket’s an­tic­i­pa­tion of the Ap­ple Watch’s pre­order and ship­ping sta­tus.

While Quanta was re­ported last month to have ex­pe­ri­enced as­sem­bly yield and man­power prob­lems in the face of the new prod­uct’s re­lease, ex­perts said that Quanta’s Ap­ple Watch man­u­fac­tur­ing yields

had risen from 50 to 60 per­cent.

Chicony Re­vived by Wear­able

De­vice Trend

Chicony ( ) an­nounced yes­ter­day be­fore the mar­kets opened that March’s con­sol­i­dated rev­enue was at NT$6.44 bil­lion, a 31.5-per­cent rise within the month, and an an­nual growth of 1.02 per­cent. First-quar­ter re­sults are also glow­ing at NT$18.005 bil­lion and meet­ing a new high com­pared to the same pe­riod last year.

Last year’s fourth-quar­ter con- sol­i­dated rev­enue saw a 34-per­cent rise, and a 23-per­cent rise from 2013 due to the rise of the In­ter­net of Things (IoT, ) in­dus­try.

This year’s IoT-re­lated prod­ucts in­clude wear­able de­vices, cloud com­put­ing and LEDs, all giv­ing the nec­es­sary push for Chicony’s rev­enue, which could see a 3-per­cent rise.

Mar­kets ex­pect Chicony’s sec­ond-quar­ter rev­enue to see dou­bledigit in­creases, likely hit­ting a record high for the year, best­ing last year’s NT$80.11 bil­lion.

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