Sales of branded products totaled $33.5 million in the third quarter of 2016, up 14 percent sequentially but down three percent on the year. Operating profits reached $133 million, representing an operating margin of four million and an increase of 14 percent from a quarter earlier.
Gross margin for the third quarter stood at 13.9 percent , meeting the company's guidance of 12-14 percent.
For the fourth quarter of 2016, branded product sales are expected to reach NT$105 billion, with sales of PC products growing 0-5 percent , mobile devices rallying 10-20 percent, and tablet sales remaining flat, according to company CEO Jerry Shen.
The company projects an operating margin of 3.75-4.25 percent and a gross margin of 12-14 percent for the fourth quarter.