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NEWS TAGGED WPG
Friday 17 November 2023
WPG optimistic about industry M&A trend
Taiwan-based IC distributor WPG Holdings has a positive outlook on the impact of IC distributor mergers and acquisitions (M&A) on industry development and expects the semiconductor...
Wednesday 15 November 2023
IC distributors post mixed October results
IC distributor WPG has reported October revenue declined 11.6% sequentially to NT$62.67 billion (US$1.94 billion), while revenue at fellow Taiwan-based peers WT Microelectronics and...
Friday 10 November 2023
IC distributor WPG sees 3Q23 revenue, profits exceed guidance
WPG Holdings announced its financial performance for the third quarter of this year on November 9. Its consolidated revenue, net operating profit, net profit after tax, and EPS all...
Friday 13 October 2023
IC distributors post double-digit revenue increases in 3Q23
Major Taiwan-based IC distributors have reported double-digit sequential revenue growth for the third quarter of 2023, as inventory replenishment for mobile and several other device...
Friday 15 September 2023
WT Micro to acquire Future Electronics for US$3.8 billion
Taiwanese IC distributor WT Microelectronics has entered into a definitive agreement to acquire all of Future Electronics' shares in an all-cash transaction valued at US$3.8 billion,...
Wednesday 23 August 2023
WPG gearing up for AI server boom
WPG, an IC distributor, has stated that the company will not be absent from this wave of AI with its more comprehensive offering for AI servers.
Monday 14 August 2023
WPG sees profit exceed guidance in 2Q23
IC distributor WPG has reported operating profits increased 27% sequentially to NT$2.47 billion (US$77.2 million) in the second quarter, with net profits jumping over 200% on quarter...
Wednesday 12 July 2023
WPG, WT Micro post better-than-expected 2Q23 revenue
IC distributors WPG and WT Microelectronics outperformed the upper end of their respective second-quarter revenue guidance ranges.
Wednesday 14 June 2023
Many IC distributors continue adjusting inventory
Many Taiwan-based IC distributors are still engaged in inventory adjustments that have lasted longer than expected, according to industry sources.
Wednesday 24 May 2023
IC distributors actively promote automotive chips in China
Taiwan-based IC distributors are aggressively promoting sales of automotive chips and related solutions in China in anticipation of the new energy vehicle market boom.
Wednesday 24 May 2023
As global automotive chip market undergoes changes, WPG Holdings adopts strategies to optimize supply chain services
With a new wave of smart energy vehicles entering the market, competition in the global automotive semiconductor industry is changing. In light of this trend, WPG Holdings, a leading...
Tuesday 23 May 2023
WPG expects flat or slight revenue growth in 2Q23
IC distributor WPG Holdings expects flat or moderate sequential revenue growth in the second quarter of 2023, following an 18% decline in the first quarter. WPG's first-quarter consolidated...
Friday 12 May 2023
IC distributors post mixed April results
WPG and Edom Technology both experienced sequential revenue declines in April, while WT Microelectronics, Answer Technology (ANStek), GMI Technology and Sunnic Technology & Merchandise...
Tuesday 14 March 2023
With industrial application demand still strong, IC distributors rely on industrial control to thrive
Although consumer market demand in 2023 has remained sluggish, under the developmental trend of Industry 4.0 and networking, the global industrial control and factory automation market...
Thursday 9 March 2023
WPG sees supply chains continue digesting inventory
End-market device vendors and their supply chains are still digesting their inventories, which nevertheless should return to normal levels by the end of the second quarter of 2023,...