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WPG to Release 58 Solutions in Q3

By Vincent Wang
Published: Aug 01,2014

TAIPEI, Taiwan — WPG held investor conference yesterday, EPS is 0.91 in the second quarter, better than 0.84 in the first quarter. Chief Financial Officer Yuan Xing-wen forcasted that in the coming quarter three their consolidated revenue will be NT$118 billion to NT$123 billion because of the shipment of mid-range and entry-level handsets, and the new iPhone 6.

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From high-end handsets to mid-range and entry-level handsets, tabet, WiFi, NB, car eletronic, electromedical equipment, and industrial electronic are growth drivers of WPG at the second quarter. WPG is working on a IoT solution, hoping it will be their new driving force.

“We are going to release server digital power, mini appliances' power, smartphone, low-cost quad-core handsets, intelligent lighting, handset NFC, high speed Cloud, and solar microinverter. Total fifty-eight solutions.” Yuan Xing-wen added. Referring to the potential growth drivers at the third quarter.

Lin Chun-jie, Vice President of Maraketing Dept. At MPG, said that since there's only two 4G band providers in Taiwan, it's hard to be beneficial from it. Though the ecosystem of IoT is still developing, therefore, it's also won't contribute much to the revenue, the company is still penetrating the IoT market.

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