08.10.2001
Quanta figures short of expectations

• Development: Quanta reported July sales of NT$8.78bn, a 15% decline MoM, but 40% growth YoY. Accumulated sales for 7M01 increased 40% YoY to NT$64.6bn.

• Analysis: Quanta’s July sales slumped as notebook PC shipment dropped 15% MoM to 350k units. Firm shipped around 2.36m notebook PCs in the first seven months of ‘01 vs 2.6m units in ’00. Bulk of contribution came from increased Dell orders.

• Primasia View: We expect weak July sales to negatively impact stock price in short term. By improving margin and raising market share, we believe Quanta will lead the industry in the current downturn.