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Winbond swings back to profitability


Tuesday, January 15, 2013

Winbond Electronics, a manufacturer of specialty DRAM and NOR flash memory, is set to return to the profitability in the first quarter of 2013.

A recent rally in DRAM prices, and Winbond's process transition enabling lower production costs, are identified as the contributing factors.

Winbond's shares rose by the daily limit of 7% to NT$6 (US$0.21) on the Taiwan Stock Exchange (TSE) today (January 15).

Winbond has shifted production of specialty DRAM to 46nm process and NOR flash to 58nm, allowing the company to significantly cut its average production cost and improve company gross margin, the report indicated. With DRAM prices rebounding since 2013, Winbond stands a good chance of generating profits in the first quarter, the report said.

By: DocMemory
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