Record High! WPG (3702 TT) Reports the Second Quarter 2010 Consolidated Sales of NT$62.79 Billion, +8.3% QoQ. The 2010 Sales Reaches NT$120.8 Billion, +43 YoY
2010-07-09
Record High! WPG (3702 TT) Reports the Second Quarter 2010 Consolidated Sales of NT$62.79 Billion, +8.3% QoQ
The 2010 Sales Reaches NT$120.8 Billion, +43 YoY
Date: 2010/7/09
Taipei, Taiwan
WPG, the largest distributor of semiconductor components in Asia, reported June 2010 consolidated sales of NT$20.28 billion, the consolidated revenue of the second quarter reached 62.79 billion, represented an increase of 8.3% over previous quarter, hit high side of the guidance, with 33% year over year growth. The 2010 sales reached NT$120.8 billion, a 43% increase in comparison with 2009.
“The revenue growth is mainly contributed by our comprehensive customer base, broad product solutions and the service, which are highly valued by the customers in China and the emerging markets. The sales momentum remains unchanged, especially in the segments of computer, handset, iPhone, iPad, TV, DSC and car electronics. Currently, communication and consumer electronics account for 30% and 20% of our group revenue respectively. In China, for middle long term, the trend will steer by the local industry upgrades, labor wage rise, urbanization rate and purchasing power increase,” said Cliff Yuan, vice president of corporate finance and accounting.
Cliff Yuan added, “Driven by double engines, the coming hot season alone with the sales injection by our new acquired entities in the third and the forth quarter, WPG is optimistic and confident of the sales conditions, business scale and market share gain.”
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
The 2010 Sales Reaches NT$120.8 Billion, +43 YoY
Date: 2010/7/09
Taipei, Taiwan
WPG, the largest distributor of semiconductor components in Asia, reported June 2010 consolidated sales of NT$20.28 billion, the consolidated revenue of the second quarter reached 62.79 billion, represented an increase of 8.3% over previous quarter, hit high side of the guidance, with 33% year over year growth. The 2010 sales reached NT$120.8 billion, a 43% increase in comparison with 2009.
“The revenue growth is mainly contributed by our comprehensive customer base, broad product solutions and the service, which are highly valued by the customers in China and the emerging markets. The sales momentum remains unchanged, especially in the segments of computer, handset, iPhone, iPad, TV, DSC and car electronics. Currently, communication and consumer electronics account for 30% and 20% of our group revenue respectively. In China, for middle long term, the trend will steer by the local industry upgrades, labor wage rise, urbanization rate and purchasing power increase,” said Cliff Yuan, vice president of corporate finance and accounting.
Cliff Yuan added, “Driven by double engines, the coming hot season alone with the sales injection by our new acquired entities in the third and the forth quarter, WPG is optimistic and confident of the sales conditions, business scale and market share gain.”
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