Winbond Announces the Financial Results for the Second Quarter of 2017

Hsinchu, Taiwan, July.28, 2017- Winbond Electronics Corporation today announced the financial results for the second quarter of 2017. On a consolidated basis including members of Winbond Electronics Corp. and Nuvoton Technology Corp. etc., net sales in Q2,2017 were NT$11.411 billion, up 9% QoQ. Gross margin was 32%. Net income attributable to shareholders of the parent was NT$990 million; earning per share was NT$0.28.

As far as memory business is concerned, revenue in the second quarter from Specialty DRAM accounted for 42% of net sales. Specialty DRAM revenue was up 5% QoQ, while revenue growth was constrained by limited capacity. Revenue from Mobile DRAM accounted for 13% of net sales, down 5% QoQ due to customer’s product model change. Revenue from Flash Memory accounted for 45% of net sales, up 17% QoQ mainly due to better product mix and price increase. Demand for Flash memory from diversified applications will continue growing.

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