ELMOS Signs Distribution Agreement with WT Microelectronics
27 July 2011 - 7:36PM
Business Wire
ELMOS Semiconductor AG has signed a distribution agreement with
WT Microelectronics. WT Microelectronics is a semiconductor
specialist with 2010 sales of 2.2 billion U.S. dollars.
Headquartered in Taiwan, the company has roughly 50 branches and
becomes a global distributor for ELMOS with an emphasis on Asian
markets, in particular China and Taiwan.
'This partnership with one of the most reputable distributors in
Asia makes us very proud. WT Microelectronics is a reliable and
powerful distributor with great application know-how. ELMOS is thus
vastly expanding the potential for its high-performance
mixed-signal semiconductors in the Asian markets,' says Jürgen
H�llisch, Management Board member for Sales and Development of
ELMOS Semiconductor AG.
'With the innovative and reliable technologies of ELMOS
Semiconductor AG in applications of automotive, industrial and
consumer electronics, WT Microelectronics gains a good position in
the rapidly expanding markets in Asian-Pacific Rim. Especially, the
automotive branch is now the fastest growing segment in Asia. I
believe, our relationship will bring positive developments and
long-term benefits to both companies,' says Eric Cheng, President
of WT Microelectronics.
In Asia ELMOS is already present in Seoul, Singapore, and
Shanghai with own branches. It is the company's declared strategic
objective to participate in the growth of the Asian markets. The
expansion of the distribution channels is one important step on
this path.
ELMOS Semiconductor AG is a developer and manufacturer of system
solutions on semiconductor basis. For more than 25 years, our chips
have made automobiles as well as industrial and consumer goods more
performance and power efficient.
End of Media Release
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Language: English Company: ELMOS Semiconductor AG
Heinrich-Hertz-Str. 1 44227 Dortmund Germany Phone: +49 (0)231
7549-575 Fax: +49 (0)231 7549-548 E-mail:
invest@elmos.de
Internet:
http://www.elmos.de
ISIN: DE0005677108 WKN: 567710 Listed: Regulierter Markt in
Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf,
Hamburg, München, Stuttgart
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133380 27.07.2011
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