Rising material prices are driving up production costs in many sectors, including notebook batteries. Vendors of notebook batteries are now mulling raising prices by 10-15%. ODM Pegatron expects its notebook shipments to decline in first-quarter 2021 as component shortages worsen. Pegatron has geared up efforts for the electric vehicle (EV) sector, but is taking a different path from Foxconn that has launched ambitious plans for EV development.
Notebook battery suppliers to raise prices by 10-15%: Notebook battery module makers are poised to raise their quotes by 10-15% to reflect rising raw materials costs, according to industry sources.
Pegatron expects seasonality to drag down 1Q21 revenue: Pegatron expects a seasonal slowdown in end-market demand to drag down its revenues during the first quarter of 2021.
Pegatron, Foxconn differ in EV business strategies: Both ICT ODM Pegatron and EMS provider Foxconn Electronics (Hon Hai) have stepped into the electric vehicles (EV) sector, but they have different strategies.