Wednesday, September 9, 2009
Winbond Electronics, which is shifting its focus away from standard DRAM, has posted an on-year revenue growth for the second straight month in August 2009. On a sequential basis, the memory maker recorded its third consecutive month of growth.
Winbond generated revenues of NT$1.94 billion (US$59.4 million) in August, representing increases of 5.2% on year and 4.6% on month. Accumulated sales from January through August totaled NT$11.13 billion, down 32% from 2008.
Winbond's consolidated revenues grew 1.6% sequentially to NT$2.62 billion in August. Consolidated sales for the first eight months of 2009 reached NT$15.87 billion, down 13% from NT$18.25 billion a year ago.
Winbond began generating positive free cash flow in the second quarter, when the memory maker saw its loss narrow from NT$5.22 billion in the prior quarter to NT$2.75 billion. Specialty DRAM, NOR flash and mobile RAM contributed 70% to its total sales in the second quarter, according to the company.
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