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Winbond Announces the Financial Results for the First Quarter of 2017

Hsinchu, Taiwan, Apr.28, 2017- Winbond Electronics Corporation today announced the financial results for the first quarter of 2017. On a consolidated basis including members of Winbond Electronics Corp. and Nuvoton Technology Corp. etc., net sales in Q1,2017 were NT$10.425 billion, down 3% QoQ. Gross margin was 29%. Net income attributable to shareholders of the parent was NT$687 million; earning per share was NT$0.19.


As far as memory business is concerned, revenue in the first quarter from Specialty DRAM accounted for 44% of net sales. Specialty DRAM revenue was down 11% QoQ due to capacity allocation. Revenue from Mobile DRAM accounted for 15% of net sales, down 1% QoQ due to seasonality. Revenue from Flash Memory accounted for 41% of net sales, up 4% QoQ mainly due to increased demand in multiple applications, especially in display and handheld devices.

Spokesperson:
Ms. Jessica Chiou-Jii Huang
Vice President & Chief Financial Officer
Tel:(03)5678168 /0987-365682

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

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