Record High! WPG (3702 TT) Reports March 2011 Consolidated Sales of NT$32.05 Billion, +53% MoM. The First Quarter 2011 Earnings Exceed Expectations, Reaching NT$79.7 Billion, +37% YoY
2011-04-11
Record High! WPG (3702 TT) Reports March 2011 Consolidated Sales of NT$32.05 Billion, +53% MoM
The First Quarter 2011 Earnings Exceed Expectations, Reaching NT$79.7 Billion, +37% YoY
Date: 2011/4/11
Taipei, Taiwan
WPG, the largest distributor of semiconductor components in Asia, reported March 2011 consolidated sales of NT$32.05 billion, represented an increase of 41% over previous year. The consolidated revenue of the first quarter reached 79.7 billion, represented an increase of 14% over previous quarter, exceeding high side of the guidance, with 37% year over year growth. Both quarterly and monthly sales hit record high!
The sales were benefited by the continuous demand in 3C applications, such as iPad, iPhone, smart phones, Tablet PC, TV and consumer electronics, in addition with the new application product areas in new energy, like LED, solar wafer and industrial electronics. The urbanization and income increase in the emerging markets would have been the sales growth driver in the future.
WPG has occupied a unique position in the supply chain, serving as a franchise partner for over 270 world-wide brands, covering the applications of computer, communication and consumer electronics, with over 700 FAE to support the production of customers, which could demonstrate the value of the semiconductor component distributor especially after Japan Tohoku earthquake.
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 First Quarter 2011 Earnings Exceed Expectations, Reaching NT$79.7 Billion, +37% YoY
Date: 2011/4/11
Taipei, Taiwan
WPG, the largest distributor of semiconductor components in Asia, reported March 2011 consolidated sales of NT$32.05 billion, represented an increase of 41% over previous year. The consolidated revenue of the first quarter reached 79.7 billion, represented an increase of 14% over previous quarter, exceeding high side of the guidance, with 37% year over year growth. Both quarterly and monthly sales hit record high!
The sales were benefited by the continuous demand in 3C applications, such as iPad, iPhone, smart phones, Tablet PC, TV and consumer electronics, in addition with the new application product areas in new energy, like LED, solar wafer and industrial electronics. The urbanization and income increase in the emerging markets would have been the sales growth driver in the future.
WPG has occupied a unique position in the supply chain, serving as a franchise partner for over 270 world-wide brands, covering the applications of computer, communication and consumer electronics, with over 700 FAE to support the production of customers, which could demonstrate the value of the semiconductor component distributor especially after Japan Tohoku earthquake.
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