WT Microelectronics to Acquire Future Electronics for US$3.8 Billion
Transformative transaction creates a world-class global electronic components distributor

TAIPEI, Taiwan and MONTREAL, Canada, September 14, 2023 – WT Microelectronics Co., Ltd. (TAIEX: 3036) ("WT Microelectronics") today announced that it has entered into a definitive agreement to acquire 100% of the shares of Future Electronics Inc. ("Future Electronics") for an enterprise value of US$3.8 billion in an all-cash transaction. The strategic transaction is anticipated…

Details

WT Microelectronics Announced Financial Results for the Second Quarter of 2023

WT Microelectronics (3036 TT) ("WT") held the on-line investor conference today to update the financial results of the second quarter of 2023 and business outlook. Consolidated revenue for the second quarter of 2023 was NT$117.5bn (US$3.83bn approximately), operating profit was NT$2,041mn (US$66.5mn), net profit after tax attributable to owners of the parent was NT$965mn (US$31.4mn…

Details