TAIPEI – Compal Electronics posted July consolidated revenues of $1.84 billion, down 5.3% year-over-year and 18.5% sequentially.

Year to date consolidated revenues through July decreased 11.1% to $13 billion compared to the same period last year.

In July, Compal shipped 2.4 million notebooks; shipments totaled 18 million units in the first seven months of 2016.

Compal expects sequential growth in August and September. Notebook shipments are expected to grow more than 10% sequentially in
the third quarter. Visibility is currently weak for the fourth quarter.

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