Pegatron expands capacity due to strong global demand for Apple’s iPhone 6/Plus

“Apple assembler Pegatron is expanding production capacity to handle strong global demand for the iPhone 6,” Debby Wu reports for Nikkei.

“Local press reports suggest Apple may also tap Pegatron to produce the iPhone 6 Plus since Foxconn has been struggling to cope with demand,” Wu reports. “On Monday, Pegatron’s Chief Executive Jason Cheng told investors his company expects to complete 2014 with $200 million in capital expenditure, and that the figure for next year will rise to $300 million.”

Wu reports, “Cheng’s statement came as Pegatron, the Apple supplier believed to be responsible for iPhone 6 production along with Foxconn Technology Group, saw revenue from its communications products grow 10% year on year and net profit surge 92% to NT$4.7 billion ($153 million) in the July to September period – the same quarter the U.S. tech giant began shipping the iPhone 6.”

Read more in the full article here.

Related articles:
Apple supplier Skyworks’ profit jumps as RF chip demand rises on iPhone demand – October 14, 2014
Massive iPhone 6/Plus demand challenges Apple assembler Foxconn – September 20, 2014
Pegatron lands half of Apple’s next-gen 4.7-inch iPhone orders, say sources – August 14, 2014
Apple assembler Pegatron sees Q3 revenue boost from iPhone 6 – August 11, 2014

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