WT Micro net profits fall 14% in 2016

Jessie Shen, DIGITIMES, Taipei 0

WT Microelectronics' net profits fell 14.3% on year in 2016 with EPS reaching a 3-year low of NT$3.61 (US$0.12), due mainly to the loss of accounts receivable from China-based LeEco that hurt the IC distributor's profitability in the fourth quarter.

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