Winbond Electronics Corporation Announces Revenue Results For August, 2001

(Taipei News) Winbond Electronics Corporation today announced its monthly revenue results for August 2001. Revenue for the month was approximately NT $1.648 billion, a decrease of 70.46 percent when compared with NT $5.578 billion over the same period last year. Accumulated revenue for January to August 2001 was NT $16.505 billion; a decrease of nearly 48.54 percent when compared with NT $32.076 billion over the same period last year.

The company experienced a slight increase in revenue compared to last month’s financial results. The increase was due, in part, to a slight pick-up in the PC market. In particular, the Company's PC peripheral device ICs, Super I/O ICs and flash products reported stronger sales. The worldwide DRAM market however, continued to struggle collectively with heavy inventories and a continuing downward trend in pricing. 

During this challenging economic downturn in the semiconductor business, Winbond will continue to focus its R&D efforts on developing new products and new process technologies. In addition, the Company continues to launch new IC solutions designed to provide customers with additional value and functionality.Last month, the Company rolled out a new power management IC solution and successfully sampled the industry's first Super I/O chip, integrating reader function and interface for PC/SC, Memory Stick, SD Memory and MMC--all major memory card standards. This IC is designed to significantly reduce total cost of ownership for owning a Smart/Memory Card Reader. 

Note : Please note that the results issued herein represent internally generated financial information that has not yet been audited by an independent, third party CPA.

Spokesperson
    Wilson Wen
    Vice President of Administrative Center
    Tel：03-5792755

News Liaison
    Mike Liu
    Deputy Director
    Tel：03-5792516
    Email：ckliu@winbond.com