Wistron revenue last year rose by 25%
The company Wistron, which is one of the most popular contract manufacturers of electronic devices, has reported the results of its activities in the first quarter of this year.
The income of the company for this period made up 5.58 billion, which was 19.8% less than in the previous quarter. However, if compared with the first quarter of 2016, the increase exceeded 25%.
The company’s net profit amounted to more than $ 18 million. When compared with the previous quarter, the decline amounted to 62.7%, however, compared to the first quarter of 2016 profit rose 42,27%.
In its forecast for the current quarter Wistron said the increase of orders for smartphones from the American partners. Large volumes should lead to further growth of the company’s profits.