WPG (3702 TT) Reports May 2010 Consolidated Sales of NT$20.2 Billion, +42% YoY
2010-06-14
WPG (3702 TT) Reports May 2010 Consolidated Sales of NT$20.2 Billion, +42% YoY
Date: 2010/6/14
Taipei, Taiwan
WPG, the largest distributor of semiconductor components in Asia, reported May 2010 consolidated sales of NT$20.2 billion, represented an increase of 42% over previous year. The 2010 sales reached NT$100.53 billion, a 49% increase in comparison with 2009.
“The sales momentum continues, in 2010, we took five months breaking the record of NT$100 billion, much faster than nine months in 2008 and seven months last year. This is mainly contributed by the comprehensive customer base, including international/local brands, OEM/ODM and EMS; we provide product solutions of 4C applications, such as mobile phone, TV, Netbook, DSC, consumer electronics and also the LED, PEMCO sales in car electronics business,” said Cliff Yuan, vice president of corporate finance and accounting. “China domestic demand has been benefited from its labor salary increase, the national urbanization policy, and the low penetration rates of 4C products with government’s subsidized programs. We expect to see the similar pattern in emerging markets, the sales development would drive by the labor wage rise, purchasing power increase, and the industry upgrades, WPG is optimistic and confident of the business conditions in the middle long term.”
The market share of WPG has extended consecutively, the sales breakdowns by regions are 78% from China (incl. HK), 14% from Taiwan, 6% from ASEAN and 2% from others.
IR contacts：Cliff Yuan / Kathryn Chen
Tel：886-2-27068268 ext.5268 / ext.5278
Email：ir@WPGholdings.com
Corporate website: www.WPGholdings.com
Date: 2010/6/14
Taipei, Taiwan
WPG, the largest distributor of semiconductor components in Asia, reported May 2010 consolidated sales of NT$20.2 billion, represented an increase of 42% over previous year. The 2010 sales reached NT$100.53 billion, a 49% increase in comparison with 2009.
“The sales momentum continues, in 2010, we took five months breaking the record of NT$100 billion, much faster than nine months in 2008 and seven months last year. This is mainly contributed by the comprehensive customer base, including international/local brands, OEM/ODM and EMS; we provide product solutions of 4C applications, such as mobile phone, TV, Netbook, DSC, consumer electronics and also the LED, PEMCO sales in car electronics business,” said Cliff Yuan, vice president of corporate finance and accounting. “China domestic demand has been benefited from its labor salary increase, the national urbanization policy, and the low penetration rates of 4C products with government’s subsidized programs. We expect to see the similar pattern in emerging markets, the sales development would drive by the labor wage rise, purchasing power increase, and the industry upgrades, WPG is optimistic and confident of the business conditions in the middle long term.”
The market share of WPG has extended consecutively, the sales breakdowns by regions are 78% from China (incl. HK), 14% from Taiwan, 6% from ASEAN and 2% from others.
IR contacts：Cliff Yuan / Kathryn Chen
Tel：886-2-27068268 ext.5268 / ext.5278
Email：ir@WPGholdings.com
Corporate website: www.WPGholdings.com