IC distributor WT Microelectronics has reported consolidated revenues of NT$9.075 billion (US$276.9 million) for October 2015, down about 12% on month and 7.6% on year.
WT Micro expects its revenues to drop 2-8% sequentially in the fourth quarter of 2015, due to seasonality and inventory adjustments at clients, the company said at its latest investors conference.
WT Micro's cumulative 2015 revenues through October totaled NT$95.1 billion, rising about 9% from a year earlier.
WT Micro distributes IC parts from companies such as Ambarella, Aptina, Avago, Freescale, Marvell, Maxim, Micron, Renesas, STMicroelectronics, TI and others.
