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Winbond Makes Additional Comments on the Announcement That Qimonda AG Has Filed a Petition in Germany for Its Financial Restructuring Program
Feb/01/2009
As of today, the unpaid accounts receivable for DRAM wafers shipped to Qimonda are about NTD 950 million. Of which, around NTD 600 million accounts receivable occurred before the end of December, 2008. Owing to the long procedure of claims and the conservative financial principles, around NTD 600 million as allowances for doubtful accounts will be reserved in 2008 fiscal year.
Though the doubtful accounts will be reserved, Winbond will not waver its determination or its legal position to seek compensation. Winbond will continuously try all possible solutions to protect its rights and shareholders’ interests.
Spokesperson
Wilson Wen
Vice President of Administrative Center
Tel：03-5792755
News Liaison
Mike Liu
Deputy Director
Tel：0966-233360
Email：ckliu@winbond.com
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