WPG Holdings Holds on to World’s Third Largest Distributor Position
2010-05-24
WPG Holdings recently ranked as the “Asia’s No. 1 Electronics Distributorand World’s Third-Largest Electronics Distributor” by EETimes. Since its founding in 2005, WPG Holdings has been on several occasions the leading distributor in Asia and has named as the “World’s Third-Largest Electronics Distributor” by media for three consecutive years, which reflects the group’s readiness to expand worldwide with its solid foundation in Asia.
In the latest issue of Bloomberg Businessweek, WPG Holdings was liste the 11th place in the 12th Annual Tech 100, chosen from among 6,500 technology companies. The group was also named No. 2 in the top 100 Taiwanese technology companies by Business Next. Since its establishment in November 2005, WPG Holdings has also been ranked among the top 500 service corporations in Taiwan by CommonWealth, among the top 1,000 companies in the Greater China Region by Business Today, and is the undisputed leader in semiconductor distribution. In 2010, the group also retains its No. 1 ranking by ESM China. as the best overseas distributor, winning in the best supply capacity, the best technical support and the best logistics categories.
WPG Holdings employs “separate front-ends” to maintain the flexibility of the system. Through The group’s “back-end integration” synergy, sub-groups are able to cut expenditure and explore further business opportunities by gaining access to the group’s back-end IT platform, obtaining management know-how and sharing, as well as logistical support. This leads to an instant reduction in operational costs, higher profitability and helps the member sub-groups to achieve greater results in terms of revenue, profit and shareholder’s equity. With the current trend that “the Big always gets Bigger,” WPG Holdings finished 2009 with an estimated turnover of US$6 billion. It is expected that when Yosun Group joins WPG Holdings in November, the entire group will become the first Asian semiconductor distributor to reach the NT$10 billion revenue mark annually, and the group will consolidate its leading position as the No. 1 distributor in Asia.
WPG Holdings chairman Simon Huang said, “Players in the electronics distribution industry compete in terms of stamina and long-term commitment. With WPG Holdings’ consistent philosophy of separate front-ends with back-end integration, we are able to meet the One Stop Shopping requirements of our customers via the group’s synergy of a comprehensive and competitive Asia-Pacific sales and logistics support network, as well as to take advantage of economies of scale.” WPG Holdings’ success and recognition by the media over the years is testament to the group’s robust corporate strength and management capabilities that have been accumulated over the long term. Chairman Simon Huang has great expectations for his company going forward. “WPG Holdings is experiencing phenomenal growth. We now have 30% of the market share in the Asia-Pacific region and are the leading electronics distributer, and with our vision of ‘Industry’s First Choice, Benchmark for Distribution’”, we endeavor to be number one in the world.
In the latest issue of Bloomberg Businessweek, WPG Holdings was liste the 11th place in the 12th Annual Tech 100, chosen from among 6,500 technology companies. The group was also named No. 2 in the top 100 Taiwanese technology companies by Business Next. Since its establishment in November 2005, WPG Holdings has also been ranked among the top 500 service corporations in Taiwan by CommonWealth, among the top 1,000 companies in the Greater China Region by Business Today, and is the undisputed leader in semiconductor distribution. In 2010, the group also retains its No. 1 ranking by ESM China. as the best overseas distributor, winning in the best supply capacity, the best technical support and the best logistics categories.
WPG Holdings employs “separate front-ends” to maintain the flexibility of the system. Through The group’s “back-end integration” synergy, sub-groups are able to cut expenditure and explore further business opportunities by gaining access to the group’s back-end IT platform, obtaining management know-how and sharing, as well as logistical support. This leads to an instant reduction in operational costs, higher profitability and helps the member sub-groups to achieve greater results in terms of revenue, profit and shareholder’s equity. With the current trend that “the Big always gets Bigger,” WPG Holdings finished 2009 with an estimated turnover of US$6 billion. It is expected that when Yosun Group joins WPG Holdings in November, the entire group will become the first Asian semiconductor distributor to reach the NT$10 billion revenue mark annually, and the group will consolidate its leading position as the No. 1 distributor in Asia.
WPG Holdings chairman Simon Huang said, “Players in the electronics distribution industry compete in terms of stamina and long-term commitment. With WPG Holdings’ consistent philosophy of separate front-ends with back-end integration, we are able to meet the One Stop Shopping requirements of our customers via the group’s synergy of a comprehensive and competitive Asia-Pacific sales and logistics support network, as well as to take advantage of economies of scale.” WPG Holdings’ success and recognition by the media over the years is testament to the group’s robust corporate strength and management capabilities that have been accumulated over the long term. Chairman Simon Huang has great expectations for his company going forward. “WPG Holdings is experiencing phenomenal growth. We now have 30% of the market share in the Asia-Pacific region and are the leading electronics distributer, and with our vision of ‘Industry’s First Choice, Benchmark for Distribution’”, we endeavor to be number one in the world.