Pegatron Snags up to 50% of Apple's 4.7 inch iPhone 6 Orders
On Monday we reported that Taiwan's Pegatron expected revenue from assembling communication devices such as Apple's next-generation smartphone to rise sharply in the third quarter. More specifically, the report noted that Pegatron stated that projected revenue from devices excluding PCs were to rise by 20 to 30% from the second quarter, thanks to iPhones that are widely expected to join the trend toward larger screens." Today the news gets even better for Pegatron as they have reportedly gained more of Apple's iPhone business than originally thought.
A new DigiTimes report is claiming that Apple's upstream suppliers have begun shipping components for next-generation iPhones recently and Pegatron Technology is estimated to have landed half of the orders for the 4.7-inch model, indicating that Pegatron may supply 25 million of the estimated 50 million 4.7-inch next-generation iPhones shipped before the end of 2014, according to sources from the upstream supply chain.
Previously, Foxconn Electronics (Hon Hai Precision Industry) was said to have landed all of Apple's new 5.5-inch model orders and 70% of the 4.7-inch model's orders. However, the latest development shows that the orders for the 4.7-inch models are split evenly between Pegatron and Foxconn, the sources said.
With the strong orders from Apple, Pegatron is expected to see impressive results in the fourth quarter. Currently, Apple's orders reportedly contribute 30% or more of the company's revenues.
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