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.

WT Microelectronics Announced Unaudited Monthly Sales for February 2024 Totaled Approximately NT$51.9 Billion or US$1,649 Million

WT Microelectronics (3036 TT) today announced its unaudited monthly sales for February 2024 totaled approximately NT$51.9 billion (US$1,649 million), a decrease of approximately 30% from January 2024 and an increase of approximately 62% over February 2023. Aggregated sales for January to February 2024 totaled approximately NT$125.6 billion (US$4,013 million), an increase of approximately 55% compared…

WT Microelectronics Announced Unaudited Monthly Sales for January 2024 Totaled Approximately NT$73.7 Billion or US$2,364 Million

WT Microelectronics (3036 TT) today announced its unaudited monthly sales for January 2024 totaled approximately NT$73.7 billion (US$2,364 million), an increase of approximately 25% from December 2023 and an increase of approximately 50% over January 2023.

WT Microelectronics Announced Financial Results for the Fourth Quarter of 2023

WT Microelectronics (3036 TT) (“WT”) held the online investor conference today to update the financial results of the fourth quarter of 2023 and business outlook. Unaudited consolidated revenue for the fourth quarter of 2023 was approximately NT$189.7bn (US$6.0bn), up 13% quarter-on-quarter and 20% year-on-year, operating profit was approximately NT$1,917mn (US$60.5mn), net profit after tax attributable…

WT Microelectronics Announced Unaudited Monthly Sales for December 2023 Totaled Approximately NT$58.8 Billion or US$1,881 Million, Setting New Records for Quarterly and Yearly Revenue

WT Microelectronics (3036 TT) today announced its unaudited monthly sales for December 2023 totaled approximately NT$58.8 billion (US$1,881 million), a decrease of approximately 7% from November 2023 and an increase of approximately 4% over December 2022. Sales for the fourth quarter of 2023 reached approximately NT$189.7 billion (US$5,991 million), an increase of approximately 13% from…

WT Microelectronics Announced Unaudited Monthly Sales for November 2023 Totaled NT$63.3 Billion or US$1,990 Million

WT Microelectronics (3036 TT) today announced its monthly sales for November 2023 totaled NT$63.3 billion (US$1,990 million approximately), a decrease of 6% from October 2023 and an increase of 47% over November 2022. Aggregated sales for January to November 2023 totaled NT$535.7 billion (US$17.2 billion approximately), up 4% compared with the same period in 2022.