IC distributor WPG sees revenues up over 40% on year in November - ResearchInChina

Date:2010-12-10liaoyan  Text Size:

IC distributor WPG Holdings has posted consolidated revenues of NT$25 billion (US$829.74 million) for November 2010, up 34% sequentially and 41% on year. The consolidated revenues included those generated by subsidiary Yosun Industrial.

For the first 11 months, revenues totaled NT$230.9 billion, increasing 30% from a year earlier, the company said.

Following its integration with Yosun in mid-November, WPG has expanded its product lines from 220 to 270, and the number of its business outlets in the Asia Pacific region to 37.

In November, revenues generated from the China market accounted for 78% of WPG's total revenues, followed by Taiwan at 14%, Southeast Asia at 6% and other areas at 2%.

WPG also expects its revenues to grow 6-10% sequentially to NT$71-74 billion in the fourth quarter.

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