Wistron chairman Simon Lin is optimistic the company's 2016 operations will improve significantly and its revenue ratio for the first and second halves of 2016 will reach 45:55, changing from 50:50 in 2015 because of seasonality and strong revenue contribution from the smartphone and server businesses.

Wistron significantly downsized its touch panel and green energy application businesses in 2015 and declared losses in them. This caused the company's EPS to drop sharply to only NT$0.55, but Lin expects Wistron's performance will improve significantly in 2016 especially in the second half.

Wistron expects its server shipments to enjoy a double-digit percentage growth on year in 2016 and its smartphone shipments will also start growing in the fourth quarter, according to company president Robert Huang.

Wistron pointed out that its new smartphone orders are for a client's new model, and the orders will last into 2017 and continue increasing. Some market watchers pointed out that the orders are Apple's upcoming next-generation iPhone.

Wistron has landed orders to manufacture products such as smart home remote control for Internet of Things (IoT) applications and will begin shipments to North America to fulfill the orders in the second half. The company has also been developing enterprise robots and will ship them in the fourth quarter at the earliest.

Wistron has also been pushing into medical product and after-sales service businesses. Wistron has recently established a subsidiary specifically handling medical product development and the subsidiary has recently signed a contract with the government of Chongqing, China to set up ca ompany assisting non-China medical product companies to acquire China's CFDA certification, Huang noted.

As for the after-sales services, Wistron used to focus mainly on the PC, but has recently extended the services to smart end devices and IoT products and is providing training to enterprises in Taiwan and Southeast Asia.

To improve production efficiency, Wistron has been increasing its automated production lines and the move has successfully reduced its manual labor by 40% in two years. Although Wistron's capacity has not dropped, the company still suffers weak utilization due to weak orders.

Because of the issue, Wistron has been integrating its resources. In the past, Wistron had four plants in Chongqing and has now merged them into one. Its factories in Mexico have also been merged to produce PC and IoT products.

Wistron has also recently established new plants in New Delhi, India due to clients' demand. The plants will begin mass production in July and will have an annual capacity of four million smartphones initially. The plants' orders are mainly from smartphone clients in China, Taiwan and India, Huang added.