Winbond Announces the Financial Results for the Fourth Quarter of 2014

Hsinchu, Taiwan, Feb.03, 2015- Winbond Electronics Corporation today announced the financial results for the fourth quarter of 2014. On a consolidated basis including members of Winbond Electronics Corp. and Nuvoton Technology Corp. etc., net sales were NT$9.565 billion, down 4% QoQ. Gross margin was 31%. Net income for the fourth quarter was NT$1.067 billion; earning per share was NT$0.28. Consolidated sales for January through December 2014 totaled NT$37.990 billion; net income was NT$3.211 billion.

As far as memory business is concerned, revenue in the fourth quarter from Specialty DRAM accounted for 53% of net sales. The Specialty DRAM revenue was down 3% QoQ due to seasonality. Revenue in the fourth quarter from Mobile DRAM accounted for 12% of net sales, up 5% QoQ because of the demand back to normal after inventory adjustment in the third quarter. Revenue in the fourth quarter from Flash Memory accounted for 35% of net sales. Both revenue and gross margin remained stable. In addition, the bit growth of Flash was due to increasing sales of 1Gb SLC NAND Flash.

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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