Winbond Announces the Financial Results for the Third Quarter of 2014

Hsinchu, Taiwan, Oct. 24, 2014- Winbond Electronics Corporation today announced the financial results for the third quarter of 2014. On a consolidated basis including members of Winbond Electronics Corp. and Nuvoton Technology Corp. etc., net sales were NT$9.931 billion, up 2% QoQ. Gross margin was 28%. Net income for the third quarter was NT$962 million; earning per share was NT$0.25.

As far as memory business is concerned, revenue in the third quarter from Specialty DRAM accounted for 54% of net sales. The Specialty DRAM revenue was up 10% QoQ thanks to increased demand in automotive, industrial, STB and TV as well as increased business in KGD. Revenue in the third quarter from Mobile DRAM accounted for 11% of net sales, down 11% QoQ because of product seasonality in model change and customers’ business plan adjustments. Revenue in the third quarter from Flash Memory accounted for 35% of net sales. Sales and gross margin remained stable by improving products and customers mix. In addition, 1Gb SLC NAND Flash started to ramp.

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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