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NEWS TAGGED IC DISTRIBUTOR
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,...
Thursday 18 January 2024
Advanced packaging continues to boost high-end material demand
According to sources at IC packaging material distributors, advanced packaging and heterogeneous integration are driving demand for high-end materials.
Friday 12 January 2024
WPG's 4Q23 revenue smashes company guidance
IC distributor WPG reported revenue slid 2.1% sequentially but increased 3.9% year on year to NT$183.38 billion (US$5.91 billion) in the fourth quarter of 2023. The results came above...
Friday 15 December 2023
AI and automotive drive optimism for IC distributors in 4Q23
As inventory adjustments continue across the supply chain, and inventories gradually return to normal levels across different applications, IC distributors feel cautiously optimistic...
Wednesday 29 November 2023
IC distributors still seeing sluggish demand from Chinese telecom sector
According to sources at IC distributors, telecom operators in China are postponing the commencement of their bidding processes and slowing the expansion of their infrastructure build-ups...
Tuesday 28 November 2023
Audix eyes modest growth in 2024, driven by smartphone and automotive opportunities
OEM and distribution company Audix has seen a slump in performance beginning in the second half of 2022 due to ongoing inventory adjustments and geopolitical instability from the...
Tuesday 28 November 2023
IC distributors find their niche as US targets China's AI chip industry
US export restrictions aimed at curbing China's development in advanced semiconductors have hit the field of AI. With huge untapped potential in the AI market, distributors in the...
Thursday 23 November 2023
PC market has bottom out, says IC distributor GMI
The PC market is bottoming out and will start recovering in the fourth quarter of 2023, according to IC distributor GMI Technology, which also expressed optimism about demand for...
Thursday 16 November 2023
Semiconductor industry to pick up as early as 3Q24, says Edom
IC distributor Edom Technology expects demand in the semiconductor industry will pick up as early as the third quarter of 2024.
Wednesday 15 November 2023
IC distributors post mixed October results
IC distributor WPG has reported October revenue declined 11.6% sequentially to NT$62.67 billion (US$1.94 billion), while revenue at fellow Taiwan-based peers WT Microelectronics and...
Friday 10 November 2023
IC distributor WPG sees 3Q23 revenue, profits exceed guidance
WPG Holdings announced its financial performance for the third quarter of this year on November 9. Its consolidated revenue, net operating profit, net profit after tax, and EPS all...
Friday 6 October 2023
Memory product distributors likely to stock up for year-end holiday shopping in China
Downstream memory product distributors have shown intentions to stock up ahead of the year-end holiday shopping in China amid rising prices of chip supplies from the upstream, according...
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,...