Pegatron expects stable shipments from major game console customers this year, as well as the release of new models from game console and smart home devices customers, to drive the company's revenue performance, Chairman Zian Tong said.

Pegatron expects that in the post-COVID-19 era, the demand for IT products will decrease, and the shipment momentum will be more challenging in the context of global macroeconomic instability. Pegatron will actively strive for high value-added products and adjust production capacity to stabilize the shipment performance. Tong said he expects stable shipments from major game console customers this year, as well as the release of new models from major customers in the game console and smart home devices business, which will drive the company's revenue.

Pegatron currently manufactures Xbox Series X/S consoles for Microsoft at its Suzhou Mingshuo factory, IT Home has learned.