Highlights of the day: Notebook makers localizing manufacturing
DIGITIMES workers
Trade tensions are accelerating decentralization of the pocket book business, particuarly in China and India the place distributors at the moment are eager on designing and making gadgets regionally to cater to home wants or work round restrictions. Strong demand for notebooks within the wake of the coronavirus lockdowns has pushed up gross sales and earnings for a lot of within the IT ecosystem, together with LCD show suppliers. AUO was in a position to return to profitablity in thrid-quarter 2020 after six quarters of losses. Foundry home UMC has additionally reported robust earnings for the third quarter, due to the pandemic-boosted stay-at-home wants.
Notebook distributors to step up manufacturing, design localization in China, India: Both China and India are on monitor to drive manufacturing and design localization for electronics gadgets together with desktops and notebooks for gross sales of their home markets, with model distributors stepping up related deployment to vie for extra market alternatives, in keeping with business sources.
AUO returns to revenue in 3Q20: AU Optronics (AUO) managed to rake in web earnings of NT$2.89 billion (US$101.02 million) within the third quarter of 2020, ending a streak of six consecutive quarterly losses, with its revenues for the quarter rising 15.3% sequentially to NT$73.23 billion, in keeping with firm statistics.
UMC posts 36.4% revenue surge in 3Q20: United Microelectronics (UMC) has reported web earnings surged 36.4% sequentially and over 200% on 12 months to NT$9.11 billion (US$318.Four million) within the third quarter of 2020. EPS for the quarter got here to NT$0.75.
