The board of directors of Macronix International, a manufacturer of mask ROM and NOR flash memory, has approved plans to budget NT$2.62 billion (US$88.7 million) in capex for 2013. The spending will be mainly utilized for purchases of new 12-inch fab equipment, the company said.

In addition, Macronix announced that revenues for the first quarter of 2013 declined 25% sequentially to NT$4.405 billion (US$148.5 million), with gross margin falling into negative territory at negative 4%. It generated net losses of NT$2.085 billion in the quarter, with a EPS of negative NT$0.59.

By: DocMemory
Copyright © 2023 CST, Inc. All Rights Reserved