Semiconductor Distributor - WPG (TSE:3702) Announced the Consolidated Sales of December 2008 at NT$9.15 Billion (US$270 Million)
2009-01-14
Semiconductor Distributor - WPG (TSE:3702) Announced the Consolidated Sales of December 2008 at NT$9.15 Billion (US$270 Million)
2008 Revenue Reaches NT$143.12 Billion (US$4.54 Billion)
Date：2009/01/14
Taipei, Taiwan
WPG, the largest distributor of semiconductor components in Asia, reported December 2008 consolidated sales of NT$9.15 billion (US$270 Million), down 2.57% as compared with the previous month, 2008 forth quarter revenue reached NT$31.8 billion (US$953.4 million), while sales were exceeding expectations due to the increase demand for Netbook, mobile phone and consumer electronics. On a year-to-date basis, 2008 revenue reached NT$143.12 billion (US$4.54 billion)
WPG continues to take decisive and necessary actions, such as enhancing market penetration, cost reduction, improving the efficiency of working capital management and delivering M&A integration synergies, to continue progressing towards the long term financial goals of increasing ROWC, profit margin and generating positive operating cash flow.
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), 18% from Taiwan, 9% from ASEAN and 1% from Korea.
The sales breakdown by product category was as follows: 44% from core chips (CPU, MPU, chipsets), 28% from standard chips (logic, analog/linear, discrete and ASSP), 9% from memory chips (DRAM, SRAM, Flash, EEPROM), 4% from passive components, and 15% 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$143.12 Billion (US$4.54 Billion)
Date：2009/01/14
Taipei, Taiwan
WPG, the largest distributor of semiconductor components in Asia, reported December 2008 consolidated sales of NT$9.15 billion (US$270 Million), down 2.57% as compared with the previous month, 2008 forth quarter revenue reached NT$31.8 billion (US$953.4 million), while sales were exceeding expectations due to the increase demand for Netbook, mobile phone and consumer electronics. On a year-to-date basis, 2008 revenue reached NT$143.12 billion (US$4.54 billion)
WPG continues to take decisive and necessary actions, such as enhancing market penetration, cost reduction, improving the efficiency of working capital management and delivering M&A integration synergies, to continue progressing towards the long term financial goals of increasing ROWC, profit margin and generating positive operating cash flow.
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), 18% from Taiwan, 9% from ASEAN and 1% from Korea.
The sales breakdown by product category was as follows: 44% from core chips (CPU, MPU, chipsets), 28% from standard chips (logic, analog/linear, discrete and ASSP), 9% from memory chips (DRAM, SRAM, Flash, EEPROM), 4% from passive components, and 15% 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