WASHINGTON: Compal Electronics shipped 2.3 million notebooks during February, up 15% from a month ago. The company expects shipments to continue increasing in March at a double-digit percentage rate. However, compared to the fourth quarter of 2015, Compal’s shipments in the first quarter will still decrease by a double-digit percentage.
Despite fewer working days in February because of the Lunar New Year holidays, most notebook ODMs saw their shipments in the month stay flat or grow compared to January, during which their shipments were very weak with sales declining over 25% on-month.
Compal reported February consolidated revenues of NT$50.98 billion (US$1.55 billion), down 9.1% on month and 6.65% on year with combined consolidated revenues for the first two months of 2016 reaching NT$107.06 billion, down 13.2% from the same period a year ago.
