Taiwanese tech firms shine in September

Taiwanese tech firms shine in September

Several of Taiwan's biggest technology companies posted record high sales in September, a sign of good times in the industry.

Several Taiwanese electronics companies that provide a large portion of the parts used in the world's PCs and other gadgets reported record monthly revenue for September, a sign the global technology industry continues to steam ahead.

Asustek Computer, the world's largest motherboard maker, said its revenue in September climbed 63 per cent compared to last year, to $NT33.1 billion ($US995 million), thanks to record shipments of motherboards, graphics cards and notebook computers. Asustek's previous sales record stood at $NT32.02 billion, set in August.

Hon Hai Precision Industry, the world's largest contract electronics maker, recorded sales of $NT68.02 billion in September, up 65 per cent year-on-year and far better than its previous high of $NT50.81 billion, set in March this year. Aside from PCs, the company manufactures a range of products on behalf of other companies, including PlayStation products for Sony, mobile phones for Nokia and, reportedly, Apple Computer's new iPod nano.

"We do not believe that strong September sales mark the end of the peak season," a technology industry analyst at Goldman Sachs, Henry King, said in a research report. October could be even better for Taiwanese tech firms, he said.

The companies were benefitting from strong PC sales globally, and laptops in particular, he said. Goldman Sachs expects global PC shipments to continue to rise in coming months, despite weakness in the US Shipments to Europe and Asia have been improving as the year draws on, in part thanks to strong sales of clone or whitebox PCs, those that don't carry a major brand name.

Taiwanese companies in the business of producing one of the most expensive parts for a notebook computer, its screen, shined last month. AU Optronics, the third largest producer of liquid crystal displays (LCDs), posted a record $NT21.93 billion in revenue for September, up 70 per cent compared to the same month last year and better than its previous high of $NT20.14 billion in August.

The company's main rival in Taiwan, Chi Me Optoelectronics, said its sales rose to $NT16.52 billion in September, a record high and 76 per cent over last year.

Two of Taiwan's best known companies also beat their previous highest monthly revenue in September. Acer, which is fighting to grab the number-three spot in the global PC industry, said its September revenue hit $NT32.4 billion, up nearly 50 per cent over the same month last year and far better than its previous record from November of last year, of $NT27.4 billion.

Taiwan Semiconductor Manufacturing, the world's largest contract chip maker, said its September sales rose 9 per cent year-on-year to $NT25.23 billion, beating its previous record high of $NT23.4 billion set in August of last year.

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