Winbond Announced 2021 Full Year Business Results

Hsinchu, Taiwan, Feb. 11, 2022- Winbond Electronics Corporation today announced its full year 2021 business results, consolidated annual revenue totaled NT$99.570 billion, an increase of 64.08 percent compared to the same period of 2020. The increase of the Company's consolidated revenue in 2021 was mainly contributed by the memory business, which benefited from favorable market conditions, as well as the acquisition of a new business as a subsidiary, Nuvoton Technology Corp. in 2020. Gross margin was 42% and Net income attributable to shareholders of the parent was NT$13.595 billion. Earnings per share in 2021 was NT$3.42.

As far as memory business is concerned, revenue for the 2021 full year totaled NT$57.533 billion, an increase of 17.9 percent compared to the same period of 2020. Revenue from Flash Memory accounted for 55% of annual net sales, and the Flash revenue from high-density NOR Flash products continued to increase. Revenue from DRAM accounted for 45% of annual net sales, and 25nm DRAM revenue contributed over 50% of total DRAM revenue in 2H21.

In 2021 full year, applications for consumer, communication, computer, and car & industrial accounted for 24%, 32%, 22%, and 22% of total memory revenue, respectively.

Jessica Chiou-Jii Huang
Chief Financial Officer

News Liaison
Mandy Wang
886-3-5678168 #71477

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