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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Tags: Lumia, Lumia 710, Lumia 800, manufacturing, Nokia, orders, revenue, Sales, Shipments, Windows Phone

Zach Epstein