Due to its cooperation with Apple for iPhone 4, Pegatron, in 2010, significantly expanded its plants, human power and equipment aiming satisfy the orders for 10 million CDMA iPhone 4s; however, since the Apple’s CDMA iPhone 4 sales were lower than expected in the first quarter of 2011, Pegatron shipped less than four million CDMA iPhone 4s, causing the company’s utilization rate to drop to only 50% with its gross margin also drop to 1.8% in the quarter.
The sources pointed out that as the iPhone 5, which does not seem to have any major update from iPhone 4, is already set for shipment in September, they are already started supplying components to Pegatron with Pegatron’s plants in Shanghai, China also recently started hiring for manpower.
Apple Orders 15 Million iPhone 5s for September Shipping
Posted by Admin on July 5th, 2011, 10:30 am GMT
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