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Winbond post mixed October results


Tuesday, November 13, 2012

Winbond Electronics saw its October revenues increase almost 5% sequentially while fellow company Macronix International's revenues slipped 7.7% on month.

Winbond has announced revenues of NT$2.22 billion (US$76.7 million) for October 2012, up 4.85% on month and 9.3% on year. The firm expects to report sequential growth in revenues and gross margin for the fourth quarter, buoyed by rising sales of advanced process chips.

Winbond's gross margin climbed to 11% in the third quarter from 6% in the second, as the firm has substantially improved yield rates for its 46nm specialty DRAM and 58nm NOR flash memory chips.

Macronix, which manufactures NOR flash and mask ROM chips, collected October revenues of NT$2.34 billion. Revenues for the first 10 months of 2012 totaled NT$2.05 billion, down 9.9% from a year earlier.

Macronix said previously that due to a high level of inventory, the firm has lowered its 12-inch fab output to only 10,000 wafers monthly. Capacity utilization rate for the fourth quarter will slide to less than 80%, the company revealed.

By: DocMemory
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