Wistron's first-half 2015 notebook shipments fell far short of expectation and the second-half volume will not grow more than 10% sequentially, according to company chairman and CEO Simon Lin.

Notebook shipments drastically dropped in May but rebounded in June, Lin said at a recent shareholders meeting.

Wistron's consolidated revenues and net operating profit for 2014 slipped on year by 5.07% and 38.15% respectively and this was due to decreased shipments of notebooks and smartphones, decreased utilization of overall production capacity arising from relocating factories in China as well as worse-than-expected performance in new business operation.

Wistron has set up new businessses mainly for small- to medium-size displays, touch panels, metallurgy and recycling of plastic materials.

Wistron shareholders passed the distribution of a cash dividend per share of NT$1.20 (US$0.039) for 2014, accounting for 80% of the corresponding net EPS of NT$1.50.