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Showing posts from October, 2023

WT Microelectronics revenue 167.2 billion! How is WT Microelectronics doing in 2023?

  Recently, WT Microelectronics announced the latest quarterly financial results. Benefiting from favorable customer demand expectations, Wenye's revenue in the third quarter was NT $167.26 billion, an increase of 42% quarter-on-quarter, an increase of 7% year on year, gross profit margin of 3.03%, a decrease of 0.55 percentage points quarter on quarter, a decrease of 0.16 percentage points year on year, revenue rate of 1.35%, a decrease of 0.39 percentage points quarter on year, a decrease of 0.53 percentage points year on year. Net profit after tax was NT $1.28 billion, up 33% quarter-on-quarter and down 38% year-over-year. Subdivided into applications, WT Microelectronics was still dominated by mobile phones in the third quarter, accounting for 28.8% of revenue, data centers and servers surged to 23.7%, communications also accounted for 12.4%, industrial and instruments 8.6%, automotive electronics 7.1%, consumer and other 9.7%, and personal computers and perimeters 9.7%. The re