WT Microelectronics expects 7-13% sequential growth in 3Q14 revenue

IC and electronic component distributor WT Microelectronics expects its third quarter consolidated revenues will reach NT$27.5-29.1 billion (US$915-968 million), rising on quarter by 7-13%. Its gross margins are forecast to be 5.7-5.9%, while net operating margins will be 2.4-2.6% and there will be an average inventory turnover period of 50 days, according to company chairman Eric Cheng at an August 4 investors conference.



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via Yuichun