By Eva Dou
TAIPEI--For years there was a clear divide: Taiwanese contract
manufacturers made all the world's well-known tablets like Apple
Inc.'s (AAPL) iPad, while Chinese firms made imitations for
little-known brands. But with Hewlett-Packard Co.'s (HPQ) newest
device, the line is blurring.
H-P, the world's largest personal computer maker by shipments,
chose Chinese firm BYD Electronic (International) Co. (0285.HK) to
manufacture its new Android tablet called the Slate 7, said people
familiar with the project. It's an unusual departure from the
industry practice of relying almost solely on Taiwanese contract
manufacturers, and an example of how Chinese companies are starting
to become more serious competitors.
Shenzhen-based BYD Co. (1211.HK) is better-known for making
electric cars and batteries, but over the past few years it's been
quietly building up electronics production expertise in its
subsidiary BYD Electronic. Berkshire Hathaway bought a near-10%
stake in BYD Co. in 2008, in Warren Buffett's highest-profile
investment in China so far.
Virtually every previous big-brand tablet that wasn't produced
in-house has been contracted out to a Taiwanese company, such as
Hon Hai Precision Industry Co. (2317.TW), Quanta Computer Inc.
(2382.TW), Compal Electronics Inc. (2324.TW), or Pegatron Corp.
(4938.TW). These companies were seen as having both the technology
and the scale to carry out these projects at attractive prices.
But when H-P decided to make a low-cost tablet to vie with
Google Inc.'s (GOOG) Nexus 7 and Amazon's (AMZN) Kindle Fire HD, it
passed over its usual Taiwanese hardware partners and outsourced to
BYD, said people familiar with the project who declined to be named
because they were not authorized to discuss the arrangement.
"BYD is getting quite serious about tablets," said UBS analyst
Arthur Hsieh. "They are starting to get quite well-recognized
clients. However, it's unlikely to be a major competitor to
Taiwanese contract manufacturers, as BYD lacks the experience and
scale."
The Slate 7, H-P's first Android tablet, was launched last month
and undercuts by $30 the price of the Nexus 7 and Kindle Fire HD,
which were made by Taiwanese contract manufacturers. The lower $169
price comes with some tradeoffs in specs such as screen resolution,
but H-P has been playing up the tablet's sound quality with
embedded Beats Audio.
BYD declined to confirm whether H-P is a tablet customer. "BYD
is actively expanding its tablet computer business, but cannot
provide any specifics at the moment," it said in a statement.
"Suppliers for the Slate 7 offered the best quality and cost
solution for the product," H-P said in a statement.
H-P also turned to a Chinese supplier for the Slate 7's
processor - Fuzhou Rockchip Electronics Co. - instead of big-name
U.S. chipmakers like Qualcomm Inc. (QCOMM) and Nvidia Corp.
(NVDA).
Fears of the rise of Chinese rivals have circulated in Taiwan's
tech industry ever since Taiwanese firms moved factories en masse
to China during the early 2000s in pursuit of lower costs.
Taiwanese executives have tried to prevent the leak of trade
secrets by keeping their Chinese factory-floor workers from being
promoted into high-level positions. But there has still been
conflict. Foxconn International Holdings Ltd., a subsidiary of
Taiwan's Hon Hai, sued BYD in 2007, accusing the Chinese firm of
hiring away employees and stealing trade secrets in a case that is
still ongoing.
Sanford C. Bernstein analyst Alberto Moel said that while
Chinese firms like BYD are still far from becoming a major threat
to Taiwanese contract manufacturing giants, they are rapidly
advancing their technological capabilities.
"The Chinese players haven't had a lot of traction in the past,
but they are moving up the knowledge curve," he said. "They will be
a bigger force, especially outside of traditional PCs."
Acer Inc. (2353.TW) President Jim Wong said Monday there is
growing interest in alternative component suppliers, as the fierce
price competition for tablets sends manufacturers in search of
lower-cost solutions. Acer also opted not to use a big-name
processor for its low-priced Iconia B1 tablet, choosing instead a
more economical chip from Taiwanese firm MediaTek Inc.
(2454.TW).
The growing popularity of low-cost tablets prompted research
firm IDC to raise its 2013 forecast for global tablet shipments to
190.9 million units from a previous forecast of 172.4 million
units. That translates to a 56% growth this year compared with
2012.
Write to Eva Dou at eva.dou@dowjones.com
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