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Winbond loss narrowed, sales falls


Friday, August 1, 2003

Winbond Electronics Corp. said Friday its net sales for the 2003 second quarter totaled NT$6,23 billion ($179 million), with the net loss totaling NT$791 million ($23 million) compared to a loss of NT$890 million ($25.8 million) last year.

Winbond's revenue for the second quarter of 2003 reflected a decrease of 7 percent compared to the first quarter of 2003. The decline was attributed a decrease of DRAM product shipments and average sale price.

Results for the second quarter showed a 14 percent decrease in memory business but an 8 percent increase in logic business. Winbond said 256-Mbit DDR spot pricing dropped by an average of 21 percent while overall ASP dipped 9 percent.

Winbond said its long term strategy of exiting from the commodity DRAM market remains unchanged.

By: DocMemory
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