Winbond Electronics Corporation Announces Monthly Revenue Results For October, 2001

(Taipei News) Winbond Electronics Corporation today announced financial results for the month ending October 2001. Revenue for the month was approximately NT$1.746 billion, a decrease of 57.74 percent when compared with NT $4.133 billion over the same period last year. Accumulated revenue for January to October was NT $19.926 billion; a decrease of 51.37 percent when compared with NT$40.971 billion over the same period last year.

October's revenue of $1.746 billion represented an increase over last month's revenue of $1.675 billion, and reflects the third continuous month of revenue growth for the Company. To lessen the impact of DRAM price fluctuations and to mitigate changes occurring in the PC market, Winbond has increased production and marketing efforts for its line of logic ICs. To increase its competitiveness in growing markets, the Company is also focusing more resources on IC solutions for motherboards, flat panel displays, toys, microcontrollers, IC cards and wireless data communication applications.

With respect to the Company's memory business, Winbond is gradually transitioning away from developing commodity DRAM products and switching to developing niche DRAM solutions. For example, low power consumption and graphic application DRAMs. Previously, the Company had signed an agreement with Fujitsu regarding transferring FCRAM technology. Yesterday, the Company announced that it had also signed an agreement with Sharp Corporation, Japan, to co-develop Advanced Contactless Technology (ACT1) flash memory technology with 0.18 to 0.13 micron production process. The Company expects that the efforts to team up with world's IC giants in strategic alliances will strengthen the variety of its memory product portfolios. 

Winbond Electronics Corp. Monthly Business Revenue Report (Unit: NT$ 1,000) 
Monthly Revenue
Accumulated Revenue
2001 October 1,746,310  2001  Jan.~Oct. 19,926,037
2000  October 4,132,601  2000  Jan.~Oct. 40,970,694
Increase (Decrease) (57.74)% Increase (Decrease) (51.37)%



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. 



    Wilson Wen
    Vice President of Administrative Center

News Liaison
    Mike Liu
    Deputy Director

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