Semiconductor Distributor - WPG (TSE:3702) Announces the Consolidated Sales of November 2008 at NT$9.39 Billion (US$278 Million)
2008-12-10
Semiconductor Distributor - WPG (TSE:3702) Announces the Consolidated Sales of November 2008 at NT$9.39 Billion (US$278 Million)
2008 Revenue Reaches NT$133.96 Billion (US$4.27 Billion)
DATE:2008/12/10
Taipei, Taiwan
WPG, the largest distributor of semiconductor components in Asia, reported November 2008 consolidated sales of NT$9.39 billion (US$278 Million), down 29% as compared with the previous month. On a year-to-date basis, 2008 revenue reached NT$133.96 billion (US$4.27 billion)
The sluggish end markets demand made November 2008 business challenging, the demand of emerging markets has been negatively influenced by global financial crisis as well. Overall, the semiconductor industry has continued to be very cautious, with the macroeconomic situation, causing the customers and suppliers carefully evaluate their business need.
In response to the rapid changing environment, WPG continues to take appropriate and necessary adjustments and actions, such as cost reduction, value based and value creating M&A management, to continue progressing towards the long term financial goals.
Sales growth is mainly driven by the Asia Pacific and China emerging domestic markets. The sales breakdown by region was as follows: 72% from China (incl. HK), 16% from Taiwan, 11% from ASEAN and 1% from Korea.
The sales breakdown by product category was as follows: 42% from core chips (CPU, MPU, chipsets), 32% from standard chips (logic, analog/linear, discrete and ASSP), 12% from memory chips (DRAM, SRAM, Flash, EEPROM), 4% from passive components, and 10% from others.
IR contacts：Cliff Yuan / Kathryn Chen
Tel：886-2-27068268 ext.5268 DID: 886-2-7712-5268 / 886-2-27068268 ext.5278 DID: 886-2-7712-5278
Email：ir@WPGholdings.com
Corporate website: www.WPGholdings.com
2008 Revenue Reaches NT$133.96 Billion (US$4.27 Billion)
DATE:2008/12/10
Taipei, Taiwan
WPG, the largest distributor of semiconductor components in Asia, reported November 2008 consolidated sales of NT$9.39 billion (US$278 Million), down 29% as compared with the previous month. On a year-to-date basis, 2008 revenue reached NT$133.96 billion (US$4.27 billion)
The sluggish end markets demand made November 2008 business challenging, the demand of emerging markets has been negatively influenced by global financial crisis as well. Overall, the semiconductor industry has continued to be very cautious, with the macroeconomic situation, causing the customers and suppliers carefully evaluate their business need.
In response to the rapid changing environment, WPG continues to take appropriate and necessary adjustments and actions, such as cost reduction, value based and value creating M&A management, to continue progressing towards the long term financial goals.
Sales growth is mainly driven by the Asia Pacific and China emerging domestic markets. The sales breakdown by region was as follows: 72% from China (incl. HK), 16% from Taiwan, 11% from ASEAN and 1% from Korea.
The sales breakdown by product category was as follows: 42% from core chips (CPU, MPU, chipsets), 32% from standard chips (logic, analog/linear, discrete and ASSP), 12% from memory chips (DRAM, SRAM, Flash, EEPROM), 4% from passive components, and 10% from others.
IR contacts：Cliff Yuan / Kathryn Chen
Tel：886-2-27068268 ext.5268 DID: 886-2-7712-5268 / 886-2-27068268 ext.5278 DID: 886-2-7712-5278
Email：ir@WPGholdings.com
Corporate website: www.WPGholdings.com