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WPG’s revenue in the third quarter exceeded expectations and reached a record high

SemiMediaEdit
October 11, 2018

Recently, WPG Holdings, the largest electronic component distributor in the Asia-Pacific region, announced its revenue. According to its report, the consolidated revenue in September this year was approximately US$1.59 billion, down 3.91% year-on-year and 4.94% month-on-month. The single-season record reached a new high and exceeded the original expectations, reaching $4.834 billion, a 7.8% increase from the second quarter and a 2.5% increase from the same period last year.

WPG's consolidated revenue for the first nine months of this year was 13.28 billion US dollars, up 6.9% from the same period last year.

WPG pointed out that the third quarter of the combined revenue climb peak, in addition to benefiting from the growth of 3C products, automotive electronics and other fields. There are also strategic achievements in high-end new applications such as IoT, AI, cloud storage, and high-speed computing.

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