Foxconn Pegatronn January-April 2013 Numbers Comparison

The world is comparing the numbers of Foxconn and Pegatron for a reason. Pegatron, a Taiwan based LCD manufacturer, just like Foxconn; is gaining the Apple orders which Foxconn is losing. The two companies are distant apart in terms of revenue numbers; but the comparison is necessary as it tells how Foxconn feels about itself now. Foxconn is seen as the one behind Apple's iPhone and iPad success. Apple managed to sell the iconic devices at that price only because Foxconn was the manufacturer. That said, Foxconn now wants to build its own brand, rather than be seen as some manufacturer for Apple. In this direction, Foxconn bought a 10 percent share in Sharp Corp. Although Sharp Corp is under heavy loss, Foxconn's move is in line with its assertive plans, as Sharp's LCD technology still is among the best in the world. May be Foxconn moving out of Apple's shadow may prove good for Foxconn; the same way it proved good for another manufacturer for Apple - the Samsung.

Foxconn, world's leading manufacturer of computer components and systems, reported that Foxconn saw April consolidated revenues of NT$291.759 billion (US$9.82 billion) increasing on month by 12.05%, while Pegatron Technology reported revenues of NT$65.404 billion up 1.27%, according to the companies.

The sequential growth in April consolidated revenues was mainly due to significant growth in Foxconn's consumer electronics device shipments and Foxconn International Holdings', Foxconn's subsidiary handset ODM, shipments of smartphones, local market analysts indicated.

However, Foxconn's April consolidated revenues decreased on year by 5.08% and Pegatron's by 2.77%.

Foxconn brought in consolidated revenues of NT$1.101 trillion for January-April, dropping on year by 15.89%, while Pegatron's January-April consolidated revenues of NT$286.721 billion grew 20%.

Two EMS providers: Consolidated revenues, Dec 2012 - Apr 2013 (NT$m)
Month	Foxconn		Pegatron
Month	Sales	Y/Y	Sales	Y/Y
Apr-13	291,759	(5.1%)	65,404	(2.8%)
Mar-13	260,383	(27.3%)	64,581	12.2%
Feb-13	235,060	(22.1%)	68,669	15.8%
Jan-13	313,527	(8.2%)	88,068	60.6%
Dec-12

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About Foxconn

Foxconn was established in 1974 and has grown to become the largest ODM in the world with nearly 1,000,000 employees and revenues in excess of USD 100 billion. Foxconn's customer base includes many famous brands in computing, communications and consumer electronics, for example; Apple, Cisco, Dell, HP, Nokia and Sony. With expertise in design and manufacturing, Foxconn's Channel Division is able to bring barebones and component products to channel customers around the globe, giving them the freedom to create their own solutions.

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Foxconn Pegatronn January-April 2013 Numbers Comparison

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