CAMARILLO, Calif. -- (BUSINESS WIRE) --
Vitesse Semiconductor Corporation (Nasdaq: VTSS), a leading provider of advanced IC solutions for Carrier and Enterprise networks, announced that WPI Group, a member of WPG Holdings, one of the world's largest semiconductor distributors, will handle demand creation and fulfillment of Vitesse's complete product line in Asia effective immediately.
Recent Infonetics reports project that telecom operators will increase equipment investment in 2013. Asia Pacific is expected to account for approximately one-third of global service provider revenue by 2016, primarily spurred by China Mobile. Major areas of investment include fiber-based broadband, 2G mobile network capacity expansion, as well as migration to 3G and LTE. Indeed, China is expected to be the largest mobile broadband market by 2016, with an estimated 639 million mobile broadband connections, according to GSMA reports.
"Following on our recent office expansion in China, increasing our APAC market presence with WPI further strengthens Vitesse's ability to serve customers in these burgeoning markets," said Phil Richards, vice president of sales at Vitesse. "Vitesse is committed to delivering superior solutions that anticipate the market needs for 4G/LTE and cloud computing."
In 2012, Vitesse announced a relationship with WPI to distribute Vitesse products in India. Vitesse also has an exclusive relationship with WPG Holdings' subsidiary, WPG Americas, to distribute Vitesse products in the Americas. WPG Holdings is well reputed for their team of highly-technical experts, service and support, as well as their strength in reference design development for varied applications and markets.
About WPI Group
Established in 1980 and headquartered in Taipei, Taiwan, WPI Group has over 50 sales offices with over 1500 staffs in Greater China and Asia Pacific region. In 2011, WPI Group achieved USD 4.8 billion of revenue. As a supply channel partner, WPI Group offers a comprehensive range of components, spanning semiconductors, interconnect, passive and electronic mechanical components, and computer products, all provided with the convenience of one-stop shopping. For more information, please visit the WPI website: www.WPI-group.com.
About Vitesse
Vitesse (Nasdaq: VTSS) designs a diverse portfolio of high-performance semiconductor solutions for Carrier and Enterprise networks worldwide. Vitesse products enable the fastest-growing network infrastructure markets including Mobile Access/IP Edge, Cloud Computing and SMB/SME Enterprise Networking. Visit www.vitesse.com or follow us on Twitter @VitesseSemi.
Vitesse is a registered trademark of Vitesse Semiconductor Corporation in the United States and other jurisdictions. All other trademarks or registered trademarks mentioned herein are the property of their respective holders.
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CONTACT:
Company Contact:
Vitesse Semiconductor
Michelle Lozada
+1.805.388.3700
pressrelations@vitesse.com
or
Agency Contact:
SHIFT Communications
Jennifer Usher
+1.415.591.8456
VitessePR@shiftcomm.com