Quanta Computer Posts NT$73.175 B. in Sales Revenue for April

Taipei, May 13, 2008 (CENS)--Quanta Computer Inc., the world's largest contract supplier of notebook PCs, posted sales revenue of NT$73.175 billion for April and aggregate revenue of NT$269.116 billion for the first four months of this year, up 62.26% and 43.74%, respectively, from a year earlier, according to company sources.

In April, Quanta recorded notebook PC shipment of 3 million units, the same as the corresponding figure posted in March. With newly added orders from Apple Inc., the firm is expected to ship 40 million units for this year, accounting for nearly 30% of the total in the global market. Thus, institutional investors project Quanta's second-quarter revenue and shipment of notebook PCs to stay brisk, based on such shining sales performance.

C.C. Liang, Quanta's vice president, said that the firm's second-quarter shipment of notebook PCs would grow 10% to 8.8 million units from the first quarter. Liang expected the firm to challenge annual shipment of up to 45 million units, excluding that of low-priced laptops.

Besides, he is optimistic about the market for notebook PCs this year, saying that strong demand for the products in emerging markets can offset waning sales in Europe and North America, which have both been hurt by sub-prime-mortgage crisis. In the first quarter, Quanta posted a better-than-expected gross profit rate of 5.2%, up 3 percentage points from the fourth quarter of last year.

Institutional investors indicated that notebook PC sales in the global market are expected to maintain an annual growth of between 25% and 30% this year and next. They also expected sales of low-price laptops to total between 1.2 million and 1.3 million units this year.