WT Microelectronics (3036 TT) held the Investor Conference today for the second quarter of 2016 and announced the financial results and outlook. Consolidated revenue for the second quarter of 2016 was NT$30.141 billion and it is the second-highest quarter revenues. Operating income was NT$648 million, operating profit margin was 2.15%, net income after taxes was NT$439 million, and earnings per share was NT$0.93.

Consolidated revenue for the first half of 2016 was NT$57.37 billion, operating profit was NT$1.23 billion, net income after taxes was NT$842 million, and earnings per share was NT$1.79.

Revenue growth came from all applications in the second quarter of 2016, especially from Automotive and Consumer applications, which both enjoyed double-digit quarter-on-quarter growth. We have focused on Automotive market for several years and have strengthened our position in body control, infortainment, safety system, etc., which was recognized by both vendors and customers. Consumer application grew quarter-on-quarter strongly due to seasonal demand and our strength in completed and excellent product lines, solid technical support capabilities, and experienced sales team.