Home General Various News Edom 3Q17 revenues to increase over 20% sequentially

Edom 3Q17 revenues to increase over 20% sequentially

254

  • Register
Taipei, Tuesday, September 19, 2017 15:54 (GMT+8)
partly cloudy
Taipei
35°C

  • Article
  • . (0)
  • Related content
  • Company info
Print Email

Edom 3Q17 revenues to increase over 20% sequentially
Julian Ho, Taipei; Jessie Shen, DIGITIMES [Tuesday 19 September 2017]

Edom Technology, which distributes products for chip vendors such as Nvidia and Skyworks, is expected to report over 20% revenue growth sequentially for the third quarter of 2017, according to market sources.

Edom saw its August revenues increase 10.7% on month to NT$7.22 billion (US$240 million). The company has enjoyed robust chip demand for smartphones and consumer electronics devices, such as its distributed Skyworks’ power amplifiers (PA).

In addition to a seasonal pick-up in smartphone demand, Edom will see its newly-distributed product lines, such as Luxtera’s optical solutions and Conexant’s voice processing solutions, start generating revenues later in 2017, company chairman and president Wayne Tseng was quoted in previous reports. Edom expects to post double-digit revenue growth in 2017.

Edom disclosed revenues for the first eight months of 2017 increased 8.8% from a year ago to NT$47.58 billion.

Fellow IC distributor WT Microelectronics has also enjoyed a pick-up in chip demand for smartphones. WT Micro has reportedly cut into the supply chains of Apple and Huawei by providing chips for the smartphone vendors’ new models.

WT Micro has also expanded its supplier base to include PA specialist Skyworks and Broadcom, which will make a positive contribution to the IC distributor’s sales performance in 2018, according to market sources.

WT Micro is expected to post revenue growth of 20% sequentially in the third quarter, said the sources.

WT Micro saw its August revenues climb to a record high of NT$16.98 billion. The company’s cumulative 2017 revenues through August totaled NT$111.49 billion, rising 34.4% on year.

Tweet

Categories: Bits + chips IC design, distribution

Tags: 2017 2018 Apple Broadcom chairman consumer electronics demand Edom Technology electronics Huawei IC IC distributor Nvidia president product revenues sales Skyworks smartphone supplier WT

Topics: Huawei

Companies: Edom Technology WT Microelectronics

    Related stories

  • Niche-IC distributors post revenue growth in August (Sep 12)
  • Niche-IC distributors to enjoy strong 2H17 (Aug 16)
  • IC distributor Edom to post double-digit revenue growth in 2017 (Jun 23)
  • Niche-IC distributors post brisk May sales (Jun 13)
  • WT Micro expects to post 24-31% revenue growth in 2Q17 (May 12)
  • IC distributor WT Micro to acquire Maxtek (Apr 6)
Realtime news
  • Synnex applies AI to logistics operation in China, says paper

    IT + CE | 19min ago

  • Dell sees solid on-year growth in worldwide monitor market in 2Q17, says IDC

    Displays | 21min ago

  • China market: All-screen smartphone shipments ramping up

    Mobile + telecom | 30min ago

  • GuoDian United Power to sell stake in wind turbine maker

    Green energy | 33min ago

  • Touch Taiwan 2017: EIH to showcase ACeP display products

    Displays | 42min ago

  • Touch Taiwan 2017: AUO to present 8K4K bezel-less TV display

    Displays | 45min ago

Pause
 | 
View more

UMC
Global AP demand forecast, 2017-2020
Global notebook shipment forecast, 2017 and beyond
Sponsored links
  • China AMOLED panel capacity expansion forecast, 2016-2020

    This Digitimes Research Special Report examines the China AMOLED industry, focusing on the expansion capacity of the makers, the current implementation plans of major smartphone vendors in the market and the technological hurdles faced by the China makers.

  • Taiwan server shipment forecast and industry analysis, 2017

    Digitimes Research estimates that revenues from sales of server motherboards, servers, storage systems and related network system equipment by Taiwan-based vendors reached NT$555.8 billion in 2016 and the amount is estimated to grow 5.9% on year in 2017.

  • Global notebook shipment forecast, 2017 and beyond

    This Digitimes Special Report examines key factors in the notebook industry, including products, vendors and ODMs, that will affect total shipments in 2017 and through 2021.

Buy link

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here