Press Center

WT Microelectronics Announced Financial Results for the First Quarter of 2024

WT Microelectronics (3036 TT) (“WT”) held its online investor conference today to update on the financial results of the first quarter of 2024 and provide business outlook. Unaudited consolidated revenue for the first quarter of 2024 was approximately NT$192.6bn (US$6.13bn), up 2% quarter-on-quarter and 60% year-on-year. Operating profit was approximately NT$2,611mn (US$83.1mn), up 36% quarter-on-quarter and 32% year-on-year. Net profit after tax attributable to owners of the parent was approximately NT$1,590mn (US$50.6mn), and EPS was approximately NT$1.57 based on the weighted average outstanding shares.

WT Microelectronics Successfully Priced US$341 Million Global Depositary Shares (“GDSs”) Offering

WT Microelectronics Co., Ltd. (3036 TT) (“WT” or the “Company”) has successfully priced its GDSs offering of approximately US$341 million on April 9, 2024. A total of 17 million GDSs, representing 85 million common shares of WT, will be listed on the Luxembourg Stock Exchange.

This is the second GDSs offering that WT has completed in the last two years, demonstrating the ongoing interest and focus from the international capital markets toward the Company. In addition, the transaction has captured the favorable market condition as well as robust share price performance since WT’s acquisition of Future Electronics, which was announced in September 2023 and completed in April 2024. As a result of the transformational acquisition, WT has become a truly global electronic components distributor with end-to-end capabilities and a diversified geographic presence across Asia Pacific, the Americas and EMEA, enabling the Company to offer the highest level of services to suppliers and customers globally.

WT Microelectronics Announced Unaudited Monthly Sales for March 2024 Totaled Approximately NT$67.1 Billion or US$2,118 Million

Electronics component distributor WT Microelectronics (3036 TT) today announced its unaudited monthly sales for March 2024 totaled approximately NT$67.1 billion (US$2,118 million), an increase of approximately 29% from February 2024 and an increase of approximately 72% over March 2023. Aggregated sales for the first quarter of 2024 totaled approximately NT$192.7 billion (US$6,130 million), an increase…

WT Microelectronics Completes Acquisition of Future Electronics – Formation of a global world-class electronic components distributor Dual-headquartered in Taipei and Montreal

TAIPEI, Taiwan and MONTREAL, Canada, April 2, 2024 – WT Microelectronics Co., Ltd. (TAIEX: 3036) (“WT Microelectronics”) today announced that it has successfully completed its acquisition of Future Electronics Inc. (“Future Electronics”) for an enterprise value of US$3.8 billion.

WT Microelectronics and Future Electronics are now joining forces in creating a global electronic components distribution powerhouse, dual-headquartered in Taipei and Montreal that will deliver long-term, sustainable value to all stakeholders. This acquisition represents a transformational milestone, as it brings together two highly complementary business models and solidifies WT Microelectronics’ position as a global electronics distributor with end-to-end service capabilities by leveraging the strengths and expertise of both organizations to offer even greater value to customers and suppliers.