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NEWS TAGGED WT
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 6 October 2023
Strategic codes behind major international acqusition deals by WT Micro, AUO
In a significant development within the global technology sector, Taiwan's IC distribution specialist WT Microelectronics (WT Micro) is set to acquire Canadian IC distributor Future...
Friday 6 October 2023
WT Micro to post double-digit revenue growth in 4Q23
IC distributor WT Microelectronics (WT Micro) expects to post an 11% on-year revenue increase in the fourth quarter of 2023, buoyed by strong sales of AI-related products and emerging...
Friday 15 September 2023
Implications of latest merger between Taiwan and Canadian IC distributors to IC design industry
When the world is de-globalizing, it is the best time for Taiwan to re-connect to the global market. When a Taiwan-based IC distributor is moving toward the European and American...
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 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.
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...
Friday 5 May 2023
WT Micro expects sales recovery in 2H23
IC distributor WT Microelectronics expects its revenue to hit bottom for 2023 in the second quarter before growing sequentially in the third and fourth quarters.
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...
Friday 24 February 2023
WT Micro expects over 20% revenue decline in 1Q23
IC distributor WT Microelectronics expects to post a revenue decline of 24-29% sequentially in the first quarter of 2023, as a result of seasonality and low customer demand.
Tuesday 14 February 2023
IC distributors upbeat about demand for automotive, industrial and server apps
Automobile, industrial control, and server industries have drawn market interest with the decline in demand for PCs and consumer electronics. According to sources at Taiwan-based...
Thursday 29 December 2022
WT Micro expects two more quarters of inventory corrections
Inventory adjustments across IC industry supply chains are expected to carry on for two more quarters, according to Cheryl Yang, spokesperson and CFO for IC distributor WT Microele...
Thursday 29 December 2022
WPG, WT Micro see inventory turnover drop
IC distributors WPG and WT Microelectronics in Taiwan have seen their inventory turnover return to 60 days, but uncertainty still looms over the semiconductor market in 2023, according...
Monday 14 November 2022
IC distributors expanding deployments in non-consumer, WBG chip segments
IC distributors are aggressively expanding their deployments in non-consumer chips products and third-generation semiconductors like GaN and SiC devices that remain in stable demand...