Hon Hai and ASUS Lead Top Ten Taiwan Manufacturers

Hon Hai Precision again topped the list of the 10 largest private manufacturers in Taiwan in 2006, with revenues of NT$868.3 billion ($27.1 billion at NT$32:$1). ASUS climbed two notches (nudging past Formosa Petrochemical and Quanta Computer) to second place with NT$541.9 billion ($16.9 billion), thanks largely to its policy of product diversification.

Nine of the top-10 manufacturers, each of which recording revenues of more than NT$200 billion ($6.3 billion) in 2006, are in the field of electronics and information technology. Formosa Petrochemical is the sole exception.

Hon Hai`s income grew by 28.5 percent last year, thanks to sustained growth in its various areas of business. These areas include desktop and notebook computers, motherboards, game consoles, and parts and components.

In addition to being a motherboard manufacturer, ASUS also recorded strong performance in other areas such as notebook PCs, graphic cards, and game consoles, bringing its revenue growth to 52 percent--the highest rate among the top 10.

Source: Taiwan Economic News