2024 Revenue Hits Record High with 61% Year-on-Year Growth



WT Microelectronics Co., Ltd.




Headquarters
14F., No. 738, Zhongzheng Rd., Zhonghe Dist., New Taipei City 235603, Taiwan (R.O.C.)


Ownership and legal form
Publicly listed company in Taiwan Stock Exchange (stock code: 3036)


Total number of offices
160+


Total number of fulltime employees
7,970 (as of December 31, 2024)


Operating and sales markets
Asia, Americas, Europe, Africa, Oceania


Brands, products & services
WT is a world leading provider of professional electronic component distribution services, representing over 400 of the world’s leading electronic component vendors and serving over 25,000 quality customers.


Capital
NT$12.5 billion (as of December 31, 2024)


Operating revenue
NT$959.4 billion (FY 2024)


Participation in associations
∙ First Class Membership of Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA)

∙ Taiwan Electronic Components Suppliers’ Association (TECSA)

∙ Electronic Components Industry Association (ECIA)

∙ Electronics Representatives Association (ERA)

∙ DMASS Europe e.V.



Founded in 1993, WT is a leading professional service provider focusing on the global semiconductor distribution. By providing the most professional supply chain management services to both vendors and customers, we have successfully positioned WT as a pivotal link between our upstream and downstream partners in the semiconductor sector. We aim to co-define the product marketing strategies with the upstream vendors, accelerate R&D pipeline for the downstream customers, and persistently strengthen our capability to deliver value-added services throughout the supply chain. The electronic components WT deals are widely used in various applications such as communications, computers and peripherals, data centers, consumer electronics, industrial control, the Internet of Things (IoT), and automotive.

Sustainable Operating Strategies


 
 

Integration with Future Electronics to achieves global market presence
 

01


 
 

Develop comprehensive and diverse product lines and authorized territories

02


 
 

Further digitize to improve the ability to provide added value in the supply chain
 

03


 
 

Actively cultivate middle and high-level executives for sustainable operations

04


 
 

Further strengthen the financial structure and financial strategies
 

05


 
 

Build long-term cooperative partnerships with customers and suppliers
 

06


 
 

Further promote ESG to build the foundation for sustainable operations 
 

07



In 2024, WT acquired 100% shares of Future Electronics to expand operations from Asia into the Americas and Europe, completing the global footprint and establishing comprehensive worldwide service capabilities. With a significant increase in operational locations, suppliers, and customers, this move enhances opportunities for future revenue growth and profitability. Additionally, the greater diversification across regions, suppliers, and customers reduces concentration risks and improves earnings stability.


WT is headquartered in Taiwan and has established an extensive global sales network, with operations spanning 44 countries across five continents and over 160 locations worldwide.


Operation bases



 
2023

 
2024





50+


160+



No. of operation bases





80+


400+



No. of vendors





10,000+


40,000+



No. of customers








Operating Revenue by Region, 2020–2024 (in NTD million)








 
Operating revenue








 
Net profit for the year









 
 
353,152
 
447,896
 
571,197
 
594,519
 
959,432
 
 
 
 
 
3,795
 
7,855
 
7,600
 
3,978
 
9,206
2020
2021
2022
2023
2024

WT acquired Future Electronics in 2024, resulting in significant revenue growth in the United States and other regions. Additionally, WT increased its supply of application-specific integrated circuits (ASICs) to end customers, leading to a substantial increase in revenue from these products in 2024 compared to 2023




Operating Revenue by Region, 2020–2024 (in NTD million)


 
United States


 
Taiwan


 
China


 
Others



2020

 
 
 
 



2021

 
 
 
 



2022

 
 
 
 



2023

 
 
 
 



2024

 
 
 
 






Year
United States
Taiwan
China
Others




2020
39,689
202,713
85,048
25,702


2021
34,716
249,001
129,283
34,896


2022
58,310
307,584
156,122
49,181


2023
109,440
262,587
151,257
71,235


2024
332,847
281,511
219,129
125,945



Note : The regional revenue amounts presented in this table are classified based on the registered headquarters location of the customers.



Operating Revenue by Product Category, 2020–2024 (in NTD million)


 
Application-Specific Integrated Circuit


 
Application-Specific Standard Product–Wireless Connectivity


 
Application-Specific Standard Product–Wired Connectivity


 
Analog


 
Microcomponents


 
Memory


 
Discrete


 
Application-Specific Standard Product–Others


 
Optoelectronics


 
Passive Components


 
Others



2020

 
 
 
 
 
 
 
 
 
 
 



2021

 
 
 
 
 
 
 
 
 
 
 



2022

 
 
 
 
 
 
 
 
 
 
 



2023

 
 
 
 
 
 
 
 
 
 
 



2024

 
 
 
 
 
 
 
 
 
 
 






 
2020
2021
2022
2023
2024




Application-Specific Integrated Circuit
5,089
14,168
28,709
80,953
253,193


Application-Specific Standard Product – Wireless Connectivity
131,006
157,488
187,807
175,261
184,227


Application-Specific Standard Product – Wired Connectivity 
44,482
55,724
90,131
94,792
152,826


Analog
65,511
75,095
100,086
92,149
118,911


Microcomponents
24,785
34,752
40,299
44,101
58,614


Memory 
23,747
41,951
41,221
32,200
40,946


Discrete
13,094
15,091
16,403
16,053
40,631


Application-Specific Standard Product – Others
20,435
25,968
32,258
27,820
30,981


Optoelectronics
13,232
16,902
17,155
12,645
22,329


Passive Components 
180
190
506
1,239
18,120


Others
11,591
10,567
16,622
17,306
38,654


Sum
353,152
447,896
571,197
594,519
959,432




WT undertakes sales and support services for vendors, and provides downstream customers with market intelligence and technical support for product application to help accelerate the time-to-market. We, as distributors, also need to actively strive to expand our authorized territories and enhance our international competitiveness by setting up more overseas offices and warehouse facilities so as to effectively provide logistics, technical supports, and other services to our customers, who are expanding their production to new locations.



Value Chain

Operating regions



Economic activities



⎯Upstream suppliers⎯


Electronic component suppliers



⎯WT Microelectronics⎯


Electronic component distributors



⎯Downstream customers⎯


ICT/Automotive module and end product manufacturers



⎯Downstream customers⎯


End products brand owners




Environmental & social impacts

⎯ Environmental impacts ⎯


Climate strategy
Product life cycle
Product eco efficiency


Climate strategy
Process innovation
Low carbon logistics


Climate strategy
Product eco efficiency
Hazardous chemicals management


Climate strategy
Product innovation
Circular economy


⎯ Social impacts ⎯


Talent attraction and retention
Human capital development
Occupational safety and Health


Talent attraction and retention
Human capital development
Supply chain management


Human rights management
Occupational safety and health
Supply chain management

Supply chain management
Product health and safety
customer privacy protection






⎯⎯⎯  Awards  ⎯⎯⎯


Ranked in the top 5% of all TWSE-listed companies and the top 10% of OTC/TWSE-listed electronics companies with a market capitalization of over NT$10 billion in the 11th Corporate Governance Evaluation.


ST Best Performance Gold Award


Nexperia Billionaires Silver Award




• For the 5th consecutive year, ranked top 5% in the OTC/TWSE-listed companies and top 10% in the electronics sector with NT$10 billion plus market value category of the Corporate Governance Evaluation
• Awarded the 2024 CommonWealth Magazine Corporate Sustainability Award
• Certified by the Sports Administration, Ministry of Education as a Sports-Friendly Enterprise in 2024
• Awarded the 2024 Outstanding Enterprise Award for Corporate Green Procurement from the New Taipei City Government Environmental Protection Department
• Selected as a constituent of TIP Customized Taiwan IT Growth and High Dividend Equal Weight Index on January 8, 2024
• Selected as a constituent of TIP Taiwan Value High Dividend Index on November 19, 2024
• Ranked 2nd in the electronic parts wholesale sector, 4th in the service sector in terms of net operating revenue, and 17th in terms of operating revenue across all sectors in CRIF’s Top 5000 Large Enterprises in Taiwan Survey 2025
• Ranked 3rd in the service sector, 1st in the Information, communication, IC distribution sector, and 28th most profitable service provider in Commonwealth Magazine’s Top 2000 Enterprises Survey 2024
• Ranked 10th in CommonWealth Magazine’s 2025 Top 50 Business Groups Survey, and recognized as the fastest-growing group
• Awarded the EE Awards 2024 Excellent International Brand Distributor Award
• Awarded Diodes Best Distributor Award
• Awarded Renesas The Best PM Team-Taiwan
• Awarded onsemi Best D-win Performance, Distributor of the Year, Excellence in Solution Enablement, and Outstanding Contribution to Mass Market Demand Creation


• Awarded ST Best Performance Gold Award, Best Demand Creation – Power & Discrete (APeC), Best Demand Creation – Automotive (China), Best MSIP Demand Creation (Gold Award), Best Partnership China Industrial Team, Best Partnership China Automotive Team, Best Sustainability, Best Partner & Best Performance (TW, KR, CN ), and Best Demand Creation Analog APeC
• Awarded Panasonic Distributor of the Year
• Awarded Samsung Distributor of the Year
• Awarded Nexperia Billionaires Silver Award (for shipping over 2.5Bpcs)
• Awarded Littelfuse Best Alignment Distributor of the Year 2024
• Awarded Lumileds Best Partner by Lumileds
• Awarded OMRON HFE Long-term Contribution Award and Best Project Management Team Award
• Awarded 2024 Best Distributor by GIGABYTE
• Achieved an “A” rating in Advantech’s SRM quarterly supplier evaluation and received the Outstanding Support Service Award
• Awarded excellent supplier by our customer OSE
• Awarded SENAO as The Best Partner of the Year 2004
• Awarded ADLINK Supplier Assessment Form A
• Honored with the 2024 Excellent Strategic Partner Award by Luxshare Precision