Falling IPad Mini Demand to Push Pegatron Electronics Sales Down
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Pegatron Corp., the Taipei-based maker of Apple Inc. devices, forecast its biggest drop in consumer-electronics revenue in six quarters as iPad Mini demand falls.
Second-quarter revenue for the business, which also makes Microsoft Corp.’s Surface tablet, will drop 25 percent to 30 percent from the previous three months, Pegatron said today. That’s the most since a 37 percent decline in the fourth quarter of 2011.