Compal forecasts double-digit percentage growth - News Summed Up

Compal forecasts double-digit percentage growth


Compal forecasts double-digit percentage growthBy Angelica Oung / Staff reporterContract laptop computer maker Compal Electronics Inc (仁寶) yesterday forecast year-on-year double-digit percentage growth for its laptop computer shipments, thanks to strong demand. Compal president Martin Wong (翁宗斌) told an investors’ conference that he predicted double-digit percentage growth year-on-year “without too many difficulties.”Even with uncertainty over component shortages, Compal’s PC and non-PC businesses should grow by double-digit percentage points this year, with overall growth of 20 to 25 percent, Wong said. People stand in the foyer of the head office of Compal Electronics Inc in Taipei on Sept. 1 last year. Last year, consolidated revenue rose 7 percent year-on-year to NT$1.04 trillion, the first time Compal’s consolidated revenue has broken the trillion-dollar mark. Having invested in electric vehicles (EVs) over the past eight or nine years, Compal counts major European and US automakers among its customers.


Source: Taipei Times March 26, 2021 15:56 UTC



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