By Natasha Li / Staff reporterContract computer maker Clevo Co (藍天電腦) expects 1.4 million laptop shipments by the end of this year, up 9.38 percent from a year earlier, as Intel Corp’s central processing unit (CPU) shortage eases. Headquartered in New Taipei City, Clevo shipped 432,000 units last quarter, surpassing the company’s forecast of 400,000 units. Last month, Clevo shipped 140,000 laptops and had NT$1.6 billion in sales, increasing monthly revenue by 23.82 percent year-on-year to NT$2 billion. The company posted a third-quarter net profit of NT$453.46 million, more than doubling the NT$201.57 million of a year earlier. Third-quarter revenue grew 19.4 percent year-on-year to NT$5.94 billion, of which laptop sales contributed NT$4.39 billion, but gross margin declined to 23 percent from 29 percent a year earlier.

Source: Taipei Times November 14, 2019 16:01 UTC