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Component orders from Nokia to grow 20% in 2012 on strong Lumia demand

Component suppliers in Taiwan expect orders from Nokia to grow 20% in 2012 as demand for Nokia’s Lumia smartphones increases. DigiTimes cites unnamed industry sources from within Nokia’s supply chain in stating that the launch of Nokia’s first pair of Windows Phones — the Lumia 800 and the Lumia 710 — has helped foster growth at several parts suppliers in Taiwan. Magnesium-alloy chassis orders from Nokia helped Silitech’s revenue grow 7% to NT$1.34 billion last month, and circuit manufacturer Ichia’s revenue grew 61.6% year-over-year last month thanks in part to Nokia’s Lumia handsets. Nokia’s first two Windows Phones launched in a number of markets last month and the vendor is expected to announce the imminent launch of its Lumia 710 smartphone at T-Mobile USA at a press conference next week.

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Zach Epstein

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content.

Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment. His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.