Hsinchu, Taiwan, Jul.26, 2019- Winbond Electronics Corporation today announced business performance for the first half of 2019.Consolidated net sales in the second quarter of 2019 were NT$12.011 billion. Gross margin was 26%. Net income attributable to shareholders of the parent was NT$ 462 million; earning per share was NT$0.12. Consolidated revenue for 2019H1 totaled NT$22.898 billion; net income attributable to shareholders of the parent was NT$ 877 million; earning per share in 2019H1 was NT$0.22.
As far as memory business is concerned, revenue from Specialty DRAM and Mobile DRAM accounted for 53% of net sales for the first quarter and accounted for 50% of net sales for the second quarter. The Specialty DRAM and Mobile DRAM revenue was down 3.4% QoQ for the first quarter and down 0.7% QoQ for the second quarter. Despite weak end-market demand in H1, we secured the market share at major customers which resulted in 2Q19 shipment rebound and maintained a relative stable margin as compared with the market.
Revenue from Flash Memory accounted for 47% of net sales for the first quarter and accounted for 50% of net sales for the second quarter. The Flash Memory revenue was down 9.9% QoQ for the first quarter and up 16.8% QoQ for the second quarter. The revenue growth in the second quarter was contributed by the high monthly shipment which resulted from the company’s leading SPI NOR supplier position and the significant growth in NAND shipment.
In first half of 2019, consumer, communication, PC related, and car & industrial applications were accounted for 30%, 29%, 21%, and 20% of total memory revenue, respectively.
Spokesperson
Jessica Chiou-Jii Huang
Vice President & Chief Financial Officer
TEL:
886-3-5678168
886-987-365682
News Liaison
Mandy Wang
Investor Relationship Dept.
TEL:
886-3-5678168 #71477
886-975-995525
E-mail:YCWang16@winbond.com