WT Microelectronics (3036 TT) today announced its unaudited monthly sales for September 2019 totaled NT$34.8 billion, equaling to US$1,118 million approximately, an increase of 12% from August 2019 and a decrease of 1% over September 2018. Record aggregated sales for third quarter 2019 totaled NT$96.2 billion or US$3,087 million, above the high end of guidance, an increase of 29% compared with second quarter 2019 and an increase of 13% compared with the same period in 2018. Aggregated sales for January to September 2019 totaled NT$238.4 billion or US$7,678 million , an increase of 27% compared with the same period in 2018.

WT Microelectronics (3036 TT) was notified by Texas Instrument (“TI”) that TI plans to bring our distribution relationship to an end by December 31, 2020 due to TI’s shift in its distribution strategy. Considering the long-term relationship as well as our common objective to ensure minimized customer disruption, WT and TI will set up time during the upcoming weeks to collaboratively discuss the business transition plan. Before implementing mutually agreed transition plan and officially terminating the distributor agreement, we will continue to operate under the terms of current agreement. Our countermeasures are increasing market shares of current product lines, expanding product lines and customer base, and implementing cost control & improving operating efficiency.

WT Microelectronics (3036 TT) today announced its unaudited monthly sales for August 2019 totaled NT$31.2 billion, equaling to US$995 million, an increase of 3% from July 2019 and an increase of 1% over August 2018. Aggregated sales for January to August 2019 totaled NT$203.6 billion, equaling to US$6.6 billion, an increase of 33% compared with the same period in 2018.

WT Microelectronics (3036 TT) today announced its unaudited monthly sales for July 2019 totaled NT$30.2 billion, equaling to US$974 million, an increase of 22% from June 2019 and an increase of 61% over July 2018. Aggregated sales for January to July 2019 totaled NT$172.5 billion, equaling to US$5.6 billion, an increase of 42% compared with the same period in 2018.

WT Microelectronics (3036 TT) held the Investor Conference today to update the unaudited financial results of the second quarter of 2019 and business outlook. Consolidated revenue for the second quarter of 2019 was NT$74.7bn. Operating profit was NT$1,324mn. Net profit was NT$622mn. Weighted average EPS was NT$1.06. For the first half of 2019, consolidated revenue was NT$142.2bn, up 38% year on year. Operating profit was NT$2,346mn. Net profit was NT$1,007mn. Weighted average EPS was NT$1.74.

 

For the outlook of the third quarter of 2019, revenue is expected to be between NT$87bn to NT$93bn, up 16% to 24% quarter on quarter and 3% to 10% year on year, gross profit margin to be between 3.1% to 3.3%, and operating profit margin to be 1.5% to 1.7%. Communication sector is expected to grow materially due to new smartphone launch from smartphone customers. Computing and Consumer segments are expected to stay flat to grow slightly. Industrial and Automotive applications are expected to stay flat to decline modestly due to higher base in the previous quarter.

 

For the outlook of the second half of 2019, global economies and supply chain still have some uncertainty. WT Microelectronics will continue to pursue long-term stable profit growth by gaining market share, optimizing operation management system to improve operation efficiency, enhancing financial control, and strengthening human resource management, in order to deepen the capability of value added service in the semiconductor supply chain.

WT Microelectronics (3036 TT) today announced its unaudited monthly sales for June 2019 totaled NT$24.8 billion, equaling to US$790 million approximately, a decrease of 2% from May 2019 and an increase of 36% over June 2018. Sales for the second quarter 2019 reached NT$74.7 billion , equaling to US$2,402 million approximately, an increase of 11% from the first quarter 2019, and an increase of 40% over the second quarter 2018. Aggregated sales for January to June 2019 totaled NT$142.2 billion , equaling to US$4,591 million approximately, an increase of 38% compared with the same period in 2018.

WT Microelectronics (3036 TT) today announced its unaudited monthly sales for May 2019 totaled NT$25.3 billion, equaling to US$813 million approximately, an increase of 3% from April 2019 and an increase of 39% over May 2018. Aggregated sales for January to May 2019 totaled NT$117.5 billion, equaling to US$3,801 million approximately, an increase of 39% compared with the same period in 2018.

WT Microelectronics (3036 TT) held the Investor Conference today to update the unaudited financial results of the first quarter of 2019 and business outlook. Consolidated revenue for the first quarter of 2019 was NT$67.5bn, up 36% year on year. Operating profit was NT$1,022mn. Net profit was NT$385mn. Weighted average EPS was NT$0.67.

For the outlook of the second quarter of 2019, revenue is expected to be between NT$71bn to NT$75bn, up 5% to 11% quarter on quarter and 33% to 41% year on year, gross profit margin to be between 3.45% to 3.65%, and operating profit margin to be 1.6% to 1.8%. After two-quarter inventory adjustment, all applications should resume sequential growth in the second quarter of 2019. Industrial will lead the growth, followed by Automotive, Computing, Consumer, and Communication.

For the outlook of the year of 2019, global economies and supply chain have some uncertainty. WT Microelectronics will continue to improve operation efficiency, optimize operation management system, enhance financial control, and strengthen human resource management, in order to deepen the capability of value added service in the semiconductor supply chain and improve overall operation scale and efficiency.

WT Microelectronics (3036 TT) today announced its unaudited monthly sales for April 2019 totaled NT$24.6 billion, equaling to US$799 million approximately, an increase of 9% from March 2019 and an increase of 47% over April 2018. Aggregated sales for January to April 2019 totaled NT$92.1 billion, equaling to US$2,988 million approximately, an increase of 39% compared with the same period in 2018.

WT Microelectronics (3036 TT) today announced its unaudited monthly sales for March 2019 totaled NT$22.6 billion , equaling to US$734 million approximately, an increase of 21% from February 2019 and an increase of 28% over March 2018. Aggregated sales for the first quarter 2019 totaled NT$67.5 billion or US$2,189 million approximately, which was in line with the guidance of NT$65~ NT$70 billion, and was an increase of 36% compared with the same period in 2018.