Pegatron Technology CEO Jason Cheng, during an investors conference on March 17, revealed that the company has plans for India and is planning to establish factories in the country.

Cheng said that 2016 will be a challenging year for Pegatron, but the company still expects its second-half performance to be better than in the first. The company's performance in the first half of 2016 is expected to be similar to that in first-half 2014.

Pegatron is optimistic about the virtual reality (VR) and augmented reality (AR) markets, but expects only limited contributions to revenues in the short term.

For the next 3-5 years, Pegatron will focus on developing Internet of Things (IoT) and Big Data. The company used its capex to focus on expanding facilities in 2015 and will push equipment installation and replacement in 2016. With a sufficient capacity in the first half, the company will not start purchasing new equipment until the second.