July 17, 2025 /SemiMedia/ — WT Microelectronics and NICHIDENBO Corporation announced a strategic share swap agreement on July 15 to strengthen collaboration in the electronic components distribution sector. Both companies will subscribe to newly issued shares from each other. After the transaction, WT Microelectronics will hold a 36% stake in NICHIDENBO, while NICHIDENBO will own 5% of WT Microelectronics. Both parties will continue to operate independently.

The deal is structured under Article 156-3 of Taiwan’s Company Act. Each NICHIDENBO share will be exchanged for 0.668 WT Microelectronics shares. WT, which already holds 31 million shares in NICHIDENBO, will increase its ownership to 36%. NICHIDENBO, with 11 million WT shares in hand, will raise its stake to 5%.

WT Microelectronics is a global distributor of electronic components, covering active, passive, and storage parts. NICHIDENBO, established in 1993, is Taiwan’s largest distributor of passive components and the top agent for Chemi-con in Asia. Their product portfolios are largely complementary, offering strong strategic alignment.

Through this alliance, WT can expand its reach in the passive components market, while NICHIDENBO gains access to WT’s global logistics capabilities and extensive customer base. Both companies aim to jointly enhance supplier and customer services, optimize operational efficiency, and deliver increased shareholder value.

NICHIDENBO currently operates an extensive sales network across mainland China and distributes components from top international brands such as Chemi-con, Panasonic, AVX, Kemet, Samsung, Kyocera, Genesys, Everlight, and Sumida. The company’s client base includes industries ranging from AI servers, ATX 3.0 power supplies, LED lighting, smart meters, UPS systems, and energy storage to EV battery management systems, charging stations, automotive ECUs, and 5G telecom equipment.