01 Nov '12, 3am

Compal announces profit for 3Q12:

Compal announces profit for 3Q12:

Chen also explained Compal's recent manpower adjustments, and noted that the company laid off about 150 employees in Taiwan a few days ago, accounting for 3% of Compal's total number of employees in the country, due to previous over expansion. The company should not need any similar moves in the future. As for the recent labor dispute at its plants in Chengdu, China, Chen noted that the plants have already resumed operations after the involvement of the local government. Since the plants only conduct a small volume of pilot production currently, the issue will not affect Compal's overall performance in October.

Full article: http://www.digitimes.com/news/a20121031PD224.html

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