Winbond Announces the Financial Results for the Fourth Quarter of 2013

Winbond Announces the Financial Results for the Fourth Quarter of 2013

Hsinchu, Taiwan, Jan. 24, 2014- Winbond Electronics Corporation today announced the unaudited financial results for the fourth quarter of 2013. On a consolidated basis including members of Winbond Electronics Corp. and Nuvoton Technology Corp. etc., net sales were NT$8.305 billion, down 4% QoQ. Gross margin was 21%. Net income for the fourth quarter was NT$72 million; earning per share was NT$0.02. Consolidated sales for January through December 2013 totaled NT$33.135 billion; net income was NT$287 million.

As far as memory business is concerned, revenue in the fourth quarter from Specialty DRAM accounted for 51% of net sales. The Specialty DRAM revenue was up 11% QoQ due to the increased shipments in handheld, networking, set-top box, digital display applications and the contribution of 46nm products. Revenue in the fourth quarter from Mobile DRAM accounted for 11% of net sales, up 5% QoQ because of the increased demand in handheld and digital display segments. Revenue in the fourth quarter from Flash Memory accounted for 38% of net sales, down 5% QoQ mainly due to price erosion.

Corporate Spokesperson
James  Wen
Finance Center  Vice President
TEL: 886-3-5678168

News Liaison
Mandy  Wang
Investor Relationship Dept.
TEL: 886-3-5678168 #81477

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