Nine of Apple's Supply Chain Partners are Enjoying Strong Revenue Growth for July leading up to iPhone 8
Earlier today Patently Apple posted a report titled "Foxconn see's over 7% on-year Growth in July Revenues from their Consumer Electronics Line." Now we're able to see the bigger picture of how Apple suppliers are doing in a new Nikkei Asian Review report published this morning. According to the report, "Taiwan's major tech companies all reported revenue increases in July, the eighth consecutive month of rises, as the Apple suppliers benefited from strong sales of iPads and MacBooks as well as recognizing sales from components for the new iPhone.
The report further noted that "In July, overall sales of the 19 Taiwanese tech companies monitored by the Nikkei Asian Review rose 7.12% from a year ago to 848.17 billion New Taiwan dollars ($27.99 billion), with 13 of them generating higher year-on-year revenue.
Nine Apple suppliers on the NAR's watchlist together generated 9.7% more revenue in July than a year ago, with five of them posting double-digit growth from the year-ago period.
Strong performance from Apple suppliers also helped Taiwan's July exports advance 12.5% year-on-year in U.S. dollar terms.
TPK Holding, which provides a touch module for the Macbook and Apple Watch, and iPhone's 3-D touch function, saw its sales rise 29.1% from a year ago. Meanwhile, sales of major Apple casing supplier Catcher Technology gained more than 24% year-on-year.
The revenue of iPad assembler Compal Electronics climbed 23.8% year-on-year. Sales of Quanta Computer, a key Macbook and Apple Watch maker, expanded 19% from a year ago.
July revenue at iPhone assembler Pegatron grew 13.8% year-on-year, while its bigger rival Hon Hai Precision Industry, better known as Foxconn, saw revenue rise 7.5% year-on-year. There's a lot more to this report and you could read all about it here.
About Making Comments on our Site: Patently Apple reserves the right to post, dismiss or edit any comments. Those using abusive language or negative behavior will result in being blacklisted on Disqus.