Taiwan's Communications Device Production Value to Decline 4.2%

Taipei, Aug, 23 2012 (CENS) ?Affected by fierce competition between two global mobile phone vendors, Apple Inc. and Samsung Group, the overall production value of communication devices will be NT$ 1.01 trillion (US$ 33.66 billion) this year, down 4.2% year on year (YoY), predicts the Industrial Economics and Knowledge Center (IEK) under Taiwan?s Industrial Technology Research Institute (ITRI) and the government-sponsored Industry & Technology Intelligence Services (ITIS) project.

Due mainly to shrinking shipments by High Tech Computer Corp. (HTC), a Taiwanese smartphone vendor, production value of mobile phones in Taiwan was NT$ 130.3 billion (US$ 4.34 billion), down 11.8% YoY, resulting in overall communication production value of NT$ 262.7 billion
(US$ 8.75 billion), down 1.5% YoY.

According to ITIS, Taiwanese customers tend to wait for iPhone 5?s launch, which indirectly affects shipment performance of the mobile industry here, hence the estimate of the production value of communication devices in the third quarter to be NT$ 254.8 billion (US$ 8.49 billion), down sizably 13.5% YoY.

The production values of switches and wireless network related products in the second quarter both increased 20% to 30% YoY, contrasted against drops in production values of mobile phones, global positioning systems (GPS) and internet set top boxes.

ITIS added that, despite HTC?s launch of the ?One series? smart phone in the second quarter, the firm?s shipments still lagged market expectation due mainly to Europeans? sagging spending and goods held in North American Customs.

Sales of Taiwan-made OEM Motorola and Nokia low-end smart phones in China were better-than-expected, which slowed deterioration of the industry in the second quarter here.

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Source: http://www.apecdoc.org/site/chinesetaipei/2012/08/27/taiwans-communications-device-production-value-to-decline-4-2/

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