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Winbond Announces the Financial Results for the First Half of 2016

Hsinchu, Taiwan, July.28, 2016- Winbond Electronics Corporation today announced the financial results for the first half of 2016. On a consolidated basis including members of Winbond Electronics Corp. and Nuvoton Technology Corp. etc., net sales in the first half of 2016 were NT$20.584 billion, up 8% YoY. Gross margin was 29%. Net income attributable to shareholders of the parent for the first half was NT$1.419 billion; earning per share was NT$0.40.
As far as memory business is concerned, revenue in the first half from Specialty DRAM accounted for 51% of net sales. The Specialty DRAM revenue was up 5% YoY. Revenue from TV and NTWK remained strong. Automotive and industrial applications contributed higher growth of revenue. Revenue in the first half from Mobile DRAM accounted for 13% of net sales, up 15% YoY due to demand in ASIC products and tier-1 customers . Revenue in the first half from Flash Memory accounted for 36% of net sales, up 9% YoY mainly due to expanding demand in NTWK application. Furthermore, Demand for high-density products (1Gb above Code Storage Flash) increased.

 

Spokesperson:
Ms. Jessica Chiou-Jii Huang
Tel:(03)5678168 /0987-365682

News Liaison :
Mandy Wang
Tel:0975-995525
E-mail: YCWang16@winbond.com

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