Electronics component distributor WT Microelectronics (3036 TT) today announced its unaudited monthly sales for March 2024 totaled approximately NT$67.1 billion (US$2,118 million), an increase of approximately 29% from February 2024 and an increase of approximately 72% over March 2023.
Aggregated sales for the first quarter of 2024 totaled approximately NT$192.7 billion (US$6,130 million), an increase of approximately 60% compared to the same period in 2023, setting a new record for quarterly revenue and exceeding the high end of guidance (NT$165 billion ~ NT$175 billion), mainly driven by the strong shipment of datacenter and server related products. WT continues to invest in end applications and related products with high growth potential to achieve above-market growth.