According to Taiwan’s Economic Daily News, Apple iPhone 14 Plus sales were dismal, affecting foundry PEGATRON’s November revenue down 13.9% from October and down 28.3% year-over-year.
Pegatron’s November revenue was NT$113.474 billion (about RMB 25.872 billion), down 28.3% year-over-year; consolidated revenue for the first 11 months of the year reached NT$120.5609 billion (about RMB 274.879 billion), up 8.8% year-over-year.
In terms of shipments, Pegatron shipped 600,000 notebook PCs in November, up more than 20% from the previous month; 300,000 to 350,000 desktops and motherboards were shipped, unchanged from the previous month; consumer products also entered the traditional low season.
The market expects that Pegatron’s lower revenue in November was mainly affected by the dismal sales of the iPhone 14 Plus. In addition to iPhone 14 Plus and some iPhone 14, the old iPhone 13 still contributed more to Pegatron’s revenue. However, Pegatron’s revenue is expected to be lower in December as Europe and the US enter the traditional slow season.
