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Wistron has completed the development of its production base in Chengdu City, western China, in the first phase and has begun production.
The Board of Pegatron Technology has passed the company's financial report for 2011 with net profit reaching NT $110 million (US $3.72 million) and earning per share (EPS) of NT $0.05, benefiting mainly by the increased ODM quote and new notebook orders in the second half of 2011, while it also helped the company to turn a profit in the second half from losses in the first.
"Today's announcement is a significant milestone in Oclaro's strategy to adopt an outsourced back-end manufacturing model, focus on our core competencies and position the company to scale," said Alain Couder, chairman and CEO of Oclaro.
After hitting bottom in the first quarter, notebook players and their upstream component suppliers are expected to see shipment growth of 10% sequentially in the second quarter.
First-tier motherboard makers have recently dropped their Intel 7 series motherboard prices to compete for market share, although Intel has not yet officially announced the chipset.
LG Electronics has renewed talks with Taiwan-based handset ODMs for the production of inexpensive Android smartphones amid its ongoing efforts to rekindle its smartphone business.
Foxconn, which assembles handsets for Motorola Mobility Holdings Inc. and Sony Corporation, on Thursday posted a net profit of $72.84 million, ahead of the consensus of analysts' forecasts of $27.59 million according to Thomson Reuters.