updated 08:50 am EDT, Fri September 2, 2005
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.