iPod manufacturer sees revenue double
updated 08:50 am EDT, Fri September 2, 2005
iPod manufacturer
The Taiwanese company that manufacturers much of Apple's iPod supply said its in the first half of this year, according to Infoworld. Revenue rose to NT$47.9 billion (US$1.47 billion) during the six-month period ending June 30, from NT$22.3 billion during the same time last year. Inventec Appliances' net income rose to NT$1.4 billion (US$42.9 million) from NT$913 million. "About 80 percent to 90 percent of first-half sales were in contract manufacturing," said a company representative. The company's revenue increased largely thanks to growing iPod sales, said Frank Lee, an industry analyst at Deutsche Bank in Taipei.
