Compal revises laptop shipments upwards for Q1

Compal, one of the largest global manufacturers of laptops, has revised its forecast for the first quarter upwards citing renewed demand as the reason to be optimistic about the next couple of months.



Compal, one of the largest global manufacturers of laptops, has revised its forecast for the first quarter upwards citing renewed demand as the reason to be optimistic about the next couple of months.

The Taiwanese-based firm had originally been expecting a 10% decline unit shipments in the market in Q1 compared to the market activity in the last quarter of 2009.

But it now expects demand to remain flat or at worse a 5% decline according to Reuters.

Compal previously revised its Q4 09 expectations up by 20% on Q3 with the CFO Gary Lu crediting Windows 7 for stronger growth.

Although there continues to be caution on calling the recovery the Compal statement will add to the growing list of indicators that 2010 will be a much steadier year than the last as the slow recovery begins.

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