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NEWS TAGGED WT
Monday 5 February 2024
WT Group gets US$1.9 billion syndicated loan for acquisition
WT Group, the fourth-largest semiconductor component distributor in the world, has signed a contract with banks to obtain half of the capital needed to acquire its Canadian counterpart,...
Thursday 1 February 2024
WT Micro sees AI server application orders generate more revenue
IC distributor WT Microelectronics anticipates that revenue generated from orders related to AI server applications will more than double year-on-year in the first quarter of 2024,...
Tuesday 2 January 2024
Following the automotive supply chain, IC distributors venture into ASEAN and Mexico
As regulators in the semiconductor supply chain, IC distributors have observed the upstream and downstream outlooks for 2024. They pointed out that there are uncertainties in the...
Thursday 7 December 2023
WT Micro's US$3.8b merger fuels ongoing evolution in global IC distribution
In recent years, a wave of consolidation has swept through the global IC trading sector, with companies seeking to stand out in a fiercely competitive market by engaging in mergers...
Friday 6 October 2023
Strategic codes behind major international acqusition deals by WT Micro, AUO
In a significant development within the global technology sector, Taiwan's IC distribution specialist WT Microelectronics (WT Micro) is set to acquire Canadian IC distributor Future...
Friday 6 October 2023
WT Micro to post double-digit revenue growth in 4Q23
IC distributor WT Microelectronics (WT Micro) expects to post an 11% on-year revenue increase in the fourth quarter of 2023, buoyed by strong sales of AI-related products and emerging...
Friday 15 September 2023
WT Micro to acquire Future Electronics for US$3.8 billion
Taiwanese IC distributor WT Microelectronics has entered into a definitive agreement to acquire all of Future Electronics' shares in an all-cash transaction valued at US$3.8 billion,...
Wednesday 12 July 2023
WPG, WT Micro post better-than-expected 2Q23 revenue
IC distributors WPG and WT Microelectronics outperformed the upper end of their respective second-quarter revenue guidance ranges.
Friday 12 May 2023
IC distributors post mixed April results
WPG and Edom Technology both experienced sequential revenue declines in April, while WT Microelectronics, Answer Technology (ANStek), GMI Technology and Sunnic Technology & Merchandise...
Friday 5 May 2023
WT Micro expects sales recovery in 2H23
IC distributor WT Microelectronics expects its revenue to hit bottom for 2023 in the second quarter before growing sequentially in the third and fourth quarters.
Friday 24 February 2023
WT Micro expects over 20% revenue decline in 1Q23
IC distributor WT Microelectronics expects to post a revenue decline of 24-29% sequentially in the first quarter of 2023, as a result of seasonality and low customer demand.
Thursday 29 December 2022
WT Micro expects two more quarters of inventory corrections
Inventory adjustments across IC industry supply chains are expected to carry on for two more quarters, according to Cheryl Yang, spokesperson and CFO for IC distributor WT Microele...
Thursday 29 December 2022
WPG, WT Micro see inventory turnover drop
IC distributors WPG and WT Microelectronics in Taiwan have seen their inventory turnover return to 60 days, but uncertainty still looms over the semiconductor market in 2023, according...
Monday 31 October 2022
WT Micro upbeat about automotive IC demand
WT Microelectronics has expressed optimism about its mid- to long-term growth encouraging the IC distributor to sustain its expansion pace. Particularly in the automotive IC segment,...
Tuesday 11 October 2022
WT Micro posts record 3Q22 revenue
IC distributor WT Microelectronics has reported revenue grew about 20% sequentially and 31% on year to a record high of NT$155.7 billion (US$4.9 billion) in the third quarter of 20...
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