Taiwan Economic Daily said that Apple’s foundry Pegatron has passed the audit and successfully won higher-end iPhone 14 Pro assembly orders, and even started mass shipments in January this year, and is expected to continue to receive new models. Orders for high-end models of the iPhone 15 Po series.
The current iPhone 14 Pro production line of the Pegatron Shanghai Changshuo plant has stabilized, and the production will increase month by month in February and March this year.
In January of this year, Pegatron’s revenue was NT$124.608 billion (currently approximately RMB 28.161 billion), a month-on-month increase of 10.50% and a year-on-year increase of 1.19%, a record high for the same period of the year and better than market expectations. Pegatron pointed out that the increase in revenue in January was mainly due to the communication business.
According to the Economic Daily, the market expects that Pegatron’s revenue will rise against the trend in January this year, mainly due to the drive of the old Apple iPhone 13 and the transfer of some iPhone 14 Pro orders.
Looking forward to this year, Pegatron believes that overall operations will grow slightly, but new businesses such as automotive electronics and communication products are expected to continue to grow.
Pegatron initially received some iPhone 14 and iPhone 14 Plus assembly orders from Apple last year and was the main foundry for the iPhone 14 Plus. However, under the influence of Apple’s high pricing, the overall sales of the iPhone 14 Plus were poor, which also dragged down the performance of the main foundry Pegatron in the fourth quarter of last year.
The industry believes that when the production capacity of the iPhone 14 Pro and iPhone 14 Pro Max of Hon Hai, the largest iPhone foundry, was affected, Apple considered starting a wider range of diversified production at that time, and released some high-end orders to Pegatron and Luxshare Precision. This avoids production risks, which also gives Pegatron and Luxshare Precision an opportunity. It seems that Pegatron has successfully seized this opportunity.
