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WPG expands shipments of smartphone components

IC distributor WPG Holdings is expanding shipments of smartphone components to meet growing demand while reducing shipment share of products used in white-box handsets, according to the company.

The IC distributor ships around 500,000 sets of components for BlackBerry devices, two million sets for Palm Pre and two million for iPhone 3GS each month, market sources estimate. Its monthly shipments for BlackBerry are expected to reach one million units by the end of 2009, the sources noted.

WPG is also optimistic about the outlook for panel products. It estimates 20-25 million LCD TVs will be shipped in China in 2009 and LCD TV shipments will continue to grow in China since penetration rate in the country is still low.

The company's consolidated revenues are expected to surpass NT$20 billion (US$617.28 million) in September, up 3-4% on month, and reach nearly NT$60 billion in the third quarter, up more 20% sequentially, better than the NT$53.5-56.5 billion that it projected earlier, the sources estimated. Revenues for the fourth quarter will be flat or decline within 10% from the third, the sources added.

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