Macronix International had consolidated revenues of NT$1.315 billion (US$44.3 million) for February slipping 19.52% on month and 28.48% on year and those of NT$2.950 billion for January-February declining 16.12% on year.

Macronix has been suffering operating losses mainly because production capacity at its 12-inch fab has not reached full utilization and NOR flash prices have continually declined, but expects its operations to swing to profitability in the third or fourth quarter of 2013.

Macronix's overall utilization of production capacity has risen from 75% in the fourth quarter of 2012 to 93% currently. The company aims to upgrade its process for mask ROM from 65nm to 45nm and that for NOR flash to 75nm.

By: DocMemory
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