Continued growth in 2023! 4% increase in the Group’s operating revenue

WT’s consolidated net operating revenue was NT$594.5 billion in 2023, an increase of NT$23.3 billion or by 4%, from 2022. The net profit was NT$4 billion in 2023 and EPS was about NT$4.24 based on weighted average outstanding shares.

Optimistic outlook for long-term semiconductor market demand

2023 was a challenging year for the global semiconductor industry. The weak overall global economic environment, high inflation and high interest rates have intensified and extended the global semiconductor inventory adjustment cycle. Despite the challenges posed by the macro environment, the Company has demonstrated strong resilience. Facing the uncertainty of global economic recovery in the post-pandemic era, the rapid development of AI technology, the changes in the electronic product supply chain, and the increasing demand for energy conservation and carbon reduction brought about by climate change, the market demand and growth potential is expected to remain strong for the semiconductor sector in the long term. WT will continue to focus on high-growth products and applications such as third-generation semiconductors, electric vehicles, industrial control, energy management, green energy, cloud data centers, 5G communications, etc, as the rapid development of these application fields requires the supply of semiconductor components. To strengthen the foundation for sustainable business operations, WT will continuously improve its operational efficiency by optimizing the operation management system, enhancing its risk management, reinforcing its financial control system, upgrading its human resource management, and strengthening its ability to provide added values in the electronic components industry chain.

Continuously providing the best services to help customers achieve forwardlooking and sustainable product design

The industries and activities covered by Taiwan Sustainable Taxonomy activities are important global trends towards sustainable development. WT systematically manages the application fields of products it sells to consistently provide optimal services to meet its customers’ needs and assist them in developing forward-looking sustainable product designs.

WT has conducted an analysis to identify existing products that are in line with forward-looking economic activities specified by the Reference Guidelines for the Identification of sustainable economic activities in Taiwan Sustainable Taxonomy by the Financial Supervisory Commission. They are applications related to low-carbon transportation technology, high-efficiency equipment manufacturing and high-efficiency technology-related applications, and renewable energy installation. WT will continue to invest resources in these application fields to meet the goal of 20 percent operating revenue contribution from forward-looking economic activities by 2030.

 

Continued growth in 2022! 28% increase in group operating revenue

WT’s operating revenue increased by 28%‭ ‬from NTD447.9‭ ‬billion in 2021‭ ‬to NTD571.2‭ ‬billion in 2022‭. ‬The net profit for 2022‭ ‬was NTD7.6‭ ‬billion‭, ‬and the after-tax EPS was about NT$8.61‭ ‬based on the weighted average number of shares‭.‬

Continuous optimization and upgrade in the semiconductor sector

Digital transformation has been accelerating since the pandemic began‭. ‬With sustainable development‭, ‬energy conservation‭, ‬and carbon reduction as the shared goals‭, ‬the semiconductor sector will maintain strong market potential in the long run‭. ‬Despite the‭ ‬challenges from macroeconomic uncertainties and inventory adjustments in the semiconductor sector in the short term‭, ‬WT will continue to develop high-growth products for applications such as third-generation semiconductors‭, ‬electric vehicles‭, ‬energy management‭, ‬green energy‭, ‬cloud data centers‭, ‬5G communications‭, ‬etc‭, ‬of which the rapid development also demands semiconductor components‭. ‬In addition to further developing high-growth product application markets and increasing the market share‭, ‬WT will carry on digital optimization to improve operational efficiency‭, ‬optimize operational management systems‭, ‬strengthen financial control‭ ‬systems‭, ‬and strengthen human resource management to enhance our ability to provide added value in the semiconductor industry chain‭, ‬and build the foundation for a sustainable corporate‭.‬

 

Jumpstarting growth in 2021! 107% increase in profit for the year

Our operating revenue increased by 27% from NT$353.152 billion in 2020 to NT$447.896 billion in 2021. Our profit for the year increased by 107% from NT$3.795 billion in 2020 to NT$7.855 billion in 2021, increase of NT$4.06 billion.

Post-Pandemic Era Approaches, Positive Outlooks for Semiconductors

With the accelerated global digitization driven by the pandemic and the increased demand for energy saving and carbon reduction due to climate change, the main drive for growth in 2021 comes from as increased semiconductor content in electronic products and the rapid growth in applications such as automotive electronics, industrial control, data centers, and 5G communications. In the future, in addition to developing high-growth product markets and increasing customer penetration, we will continue to carry out digital optimization to continuously improve operational efficiency, optimize our operations management system, enhance our financial control system, and strengthen our human resources management to deepen our ability to provide added value in the semiconductor industry chain, thereby building a foundation for sustainable business operations.