Inventec expects non-notebook revenues to rise to over 30% in 2012 Tweet

Inventec will start mass shipments of its newly added smartphone, e-book reader and smartbook product lines in the third quarter and expects the three new products will together achieve shipments of five million units in 2011 and 10 million units in 2012, according to company chairman and CEO Richard Lee.

With the addition of its existing server business, the company's non-notebook product lines will be able to account for more than 30% of its revenues in 2012, Lee noted.

Commenting on Foxconn Electronics' (Hon Hai Precision Industry's) aggressive competition for notebook orders recently, Lee said that the company is not concerned since Inventec has several years of experience as well as a strong hardware and software R&D team consisting of over 2,000 technicians. Therefore the company still has the edge to compete on quality.

Lee also expects the company's all-in-one PC joint-venture with TPV Technology will become the largest all-in-one PC manufacturer by 2012. Lee also noted that China's all-in-one PC market is currently seeing strong growth and the company is working aggressively to push into the market.

For the future, Lee pointed out Inventec will target Brazil, Russia, India, China, Mexico, Indonesia and Turkey as its major investment areas. In the third quarter, Inventec plans to invest in Brazil and will use TPV's existing plants in the area for notebook and all-in-one PC production, while Inventec is also considering investment in India in 2011.

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