TOP4芯片分销商最新业绩：“双W”领跑，“双A”加速复苏

Core Viewpoint - The article discusses the latest third-quarter performance of the top four global chip distributors, highlighting the strong growth of WPG Holdings and the recovery of Arrow and Avnet, driven by AI demand and market recovery in Europe and the Americas [3][10][20]. Group 1: Performance of Top 4 Chip Distributors - WPG Holdings reported a third-quarter revenue of NT$328.9 billion (approximately $10.639 billion), a year-on-year increase of 25.9% and a quarter-on-quarter increase of 26.8%, marking a record high for the quarter [5][6]. - WPG's cumulative revenue for the first three quarters reached NT$270.37 billion (approximately $8.359 billion), up 19.8% year-on-year [5]. - DaLianDa's third-quarter revenue was NT$244.47 billion (approximately $7.908 billion), with a year-on-year increase of 14.6% but a quarter-on-quarter decline of 2.4% [5][6]. - Arrow Electronics achieved third-quarter sales of $7.713 billion, a year-on-year increase of 13% and a quarter-on-quarter increase of 1.7% [6][12]. - Avnet reported third-quarter sales of $5.899 billion, with a year-on-year increase of 5.3% and a quarter-on-quarter increase of 5% [6][12]. Group 2: Market Trends and Insights - The strong performance of WPG is attributed to robust demand for AI-related products and the seasonal recovery in smartphone demand [10][11]. - The global semiconductor market showed signs of recovery, with the total sales reaching $208.4 billion in the third quarter, a 15.8% increase from the second quarter [20]. - The article notes that the Asia-Pacific market, where WPG and DaLianDa are focused, began to recover in late 2023 and is expected to maintain growth momentum into 2024 and 2025 [20]. - Arrow's performance reflects a moderate cyclical recovery, with all regions showing improved order-to-shipment ratios and backlog orders increasing for three consecutive quarters [14][18].