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Kinpo-Compal Group aims to ship 93 million handsets in 2008

Kinpo-Compal Group chairman Rock Hsu on December 5 said the group expects overall handset shipments to top 93 million units in 2008.

Under the forecast, Cal-Comp Electronics will have one million set-top box (STB) shipments in 2008 and 15 million CDMA-based handsets. Major shipment drivers are expected to be China and South America.

Kinpo Electronics will also see handset shipments rocket to 13 million units next year, compared to only two million units this year, estimated Hsu.

Compal Communications is likely to have a 30% growth in handset shipments next year, Hsu said conservatively. Shipments were around 50 million units in 2007, added the chairman.

For the LCD TV business, Compal Electronics will see its annual shipments exceed one million units in 2008, up from only 100,000 units this year, Hsu detailed, adding that its Vietnam notebook production plant will commence operation in the first quarter of 2009. Compal is also considering building a notebook plant in Brazil in order to offset the effects of local tariffs, Hsu revealed.

Meanwhile, Hsu also said the group may integrate resources for the automobile electronic business with the group considering the spin off of departments related to automobile electronics in the future, Hsu stated.

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