April 4, 2024 /SemiMedia/ -- WT Microelectronics, an authorized distributor of electronic components, announced on April 2 that it has successfully completed the acquisition of Future Electronics, and will build a world-class global electronic components distributor with a dual-headquarter structure in Taipei and Montreal.

WT Microelectronics is the fourth largest semiconductor distributor. According to statistics, it and Future Electronics together accounted for 12.2% of the global electronic components distribution market last year.

After acquiring Future, WT Microelectronics will likely become the world's largest distributor, and its customer service capabilities will be further expanded from Asia to the European and American markets.