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| [January 16, 2013] |
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Vitesse Increases Market Presence in Asia With WPI Group
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 (News - Alert) 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 (News - Alert). Indeed, China is expected to be the
largest mobile broadband market by 2016, with an estimated 639
million mobile broadband connections, according to GSMA (News - Alert) reports.
"Following on our recent office expansion in China, increasing our APAC
market presence with WPI further strengthens Vitesse's ability to serve
cutomers 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 (News - Alert) @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.
VTSS-G

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