New iPhone production spurs huge growth for Pegatron even as PC decline continues

Photo: vr-zone.net

Photo: vr-zone.net

Apple supplier Pegatron is forecasting up to a 50 percent growth in its Q3 revenues despite its PC business continuing to decline, with the bulk of this growth likely to come from the iPhone, reports ReutersPegatron made the announcement after failing to hit analyst expectations in Q2.

“We expect revenue in the non-computing segment to grow by 40 to 50 percent in Q3 due to new consumer products. Q4 will also be higher,” said company CEO and President Jason Cheng in an investor conference.

Pegatron has been pretty much confirmed as making the iPhone 5C – the plastic iPhone – with some Digitimes-based rumors suggesting it may also be a secondary supplier for the 5S, whose production is being led by Foxconn. Both handsets are expected to be announced by Apple on 10th September …  Read more