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Winbond Announces 1H24 Business Results

Hsinchu, Taiwan, Aug. 02, 2024- Winbond Electronics Corporation today announced its first half 2024 business results. The consolidated revenue for 1H24 was NT$41.65 billion, with a net profit attributable to the parent company of NT$1.259 billion, resulting in earnings per share of NT$0.3.

Revenue from the memory business in 1H24 reached NT$24.231 billion, marking a 38% increase compared to the same period last year. The Customized Memory Solution (CMS) product line accounted for 25% of 1H24 revenue, with 20nm CMS products such as DDR4 and LPDDR4 expected to gradually contribute to CMS revenue in the coming second half of the year. As for the Flash memory product line contributed 33% of 1H24 revenue, 1H24 NOR business bit shipment increased by low twenties% YoY.

The distribution of memory product revenue among all application categories in 1H24 was as follows: Consumer Electronics (28%), Communication Electronics (27%), Computer-Related Products (20%), and Automotive & Industrial Applications (25%).

Spokesperson
Chih-Chung Chou 
Chief Financial Officer
TEL:
886-3-5678168
886-987-365682

Press Contact
Kira Hsu
TEL:
886-3-5678168 #76520
886-978-066520
E-mail:syhsu6@winbond.com

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