Record High! WPG (3702 TT) Reports December 2010 Consolidated Sales of NT$26.3 Billion, +44% YoY
2011-01-11
Record High! WPG (3702 TT) Reports December 2010 Consolidated Sales of NT$26.3 Billion, +44% YoY
The 2010 Sales Reaches NT$257.2 Billion, +31% YoY
Date: 2011/1/11
Taipei, Taiwan
WPG, the largest distributor of semiconductor components in Asia, reported December 2010 consolidated sales of NT$26.3 billion, represented an increase of 44% over previous year; 2010 fourth quarter revenue reached NT$70.1 billion, with 31% growth rate over 2009; 2010 sales of NT$257.2 billion, increased 31% in comparison with 2009. Among above, the monthly, quarter and annual sales numbers all broke group records, WPG has been working and focusing on profitability improvement rather than revenue growth, driven by the synergy of mergers and acquisitions, the operating margin of the fourth quarter 2010 would be in-line with expectations.
The sales were benefited by the continuous demand in 3C applications, such as iPad, iPhone, 2.5G/ 3G smart phones, Tablet PC, LCD TV, in addition with the new application product areas in new energy, like LED, solar wafer and industrial electronics. Upon the macro environment and support from the government, these will be the drivers to the sales growth engine in the future.
The sales breakdowns by regions of WPG 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$257.2 Billion, +31% YoY
Date: 2011/1/11
Taipei, Taiwan
WPG, the largest distributor of semiconductor components in Asia, reported December 2010 consolidated sales of NT$26.3 billion, represented an increase of 44% over previous year; 2010 fourth quarter revenue reached NT$70.1 billion, with 31% growth rate over 2009; 2010 sales of NT$257.2 billion, increased 31% in comparison with 2009. Among above, the monthly, quarter and annual sales numbers all broke group records, WPG has been working and focusing on profitability improvement rather than revenue growth, driven by the synergy of mergers and acquisitions, the operating margin of the fourth quarter 2010 would be in-line with expectations.
The sales were benefited by the continuous demand in 3C applications, such as iPad, iPhone, 2.5G/ 3G smart phones, Tablet PC, LCD TV, in addition with the new application product areas in new energy, like LED, solar wafer and industrial electronics. Upon the macro environment and support from the government, these will be the drivers to the sales growth engine in the future.
The sales breakdowns by regions of WPG 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