Winbond Electronics suffered a net loss of NT$337 million (US$11.3 million) for the first quarter of 2013, its seven consecutive quarter of losses, but is expected to swing to profitability in the second quarter of 2013, according to market analysts.

However, first-quarter net losses shrank 39.4% sequentially mainly due to a rebound in product pricing and better product mix, according to company president Chan Tung-yi.

Winbond posted consolidated revenues of NT$7.675 billion, decreasing 2% on quarter but increasing 3% on year, gross margin of 16% and net loss per share of NT$0.10 for the first quarter. Specialty DRAM accounted for 44% of the consolidated revenues, NOR flash for 42% and Mobile RAM for 14%.

Winbond is upgrading processes for specialty DRAM to 46nm and for NOR flash to 58nm to reduce production costs, Chan said. Low-power DRAM took up more than 50% of first-quarter mobile RAM revenues, and demand will continue to be strong in the second quarter due to fast growing demand for smartphones and tablets in the China market, Chan said.

By: DocMemory
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