Winbond Announced 2023 Full Year Business Results

Hsinchu, Taiwan, Feb. 06, 2024- Winbond Electronics Corporation today announced its full year 2023 business results, consolidated annual revenue totaled NT$75.006 billion, a decrease of 20.7 percent compared to the same period of 2022 due to weak end-market demand and inventory adjustments in the electronics industry. Gross margin was 30% and net loss attributable to shareholders of the parent was NT$1.147 billion. Loss per share in 2023 was NT$0.29.

As far as memory business is concerned, revenue for the 2023 full year totaled NT$38.085 billion, a decrease of 26.4 percent compared to the same period of 2022. Revenue from Flash Memory accounted for 63% of annual net sales, and the Flash revenue from 32nm Flash products continued to increase. Revenue from DRAM accounted for 37% of annual net sales. The revenue for 25nm and 25Snm DRAM products has increased quarter by quarter and the shipment quantity of 4GB DDR3 memory products continued to grow.

IIn 2023 full year, applications for consumer, communication, computer, and car & industrial accounted for 25%, 25%, 24%, and 26% of total memory revenue, respectively.

Chih-Chung Chou 
Chief Financial Officer

News Liaison
Mandy Wang
886-3-5678168 #71477

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