Hsinchu, Taiwan, Aug. 01, 2012- Winbond Electronics Corporation today announced the financial results for the second quarter of 2012. Revenue for the second quarter totaled NT$6.792 billion, up 17% QoQ and down 8% YoY. Net loss for the second quarter was NT$ 326 million; loss per share was NT$0.08. Gross margin was 6%.
To break down revenue by products, Specialty DRAM accounted for 44%, NOR Flash 42%; and Mobile RAM 13% of total revenue. Thanks to new business in handheld devices, NOR flash revenue reached record high with 25% growth in Q2. Winbond will continue to drive revenue growth and improve profitability by expanding tier-1 customer base and increasing 58nm product shipments.
Revenue of Specialty DRAM was up 14% driven by strong demand in low-to-medium density products. Revenue generated by 46nm products exceeded 10% of Specialty business. We foresee both revenue and margin will be enhanced by better product and customer mix.
Increasing shipment of medium density Low Power DRAM in peripheral modules of mobile devices offset the negative impact from price competition. Mobile RAM revenue was flat in Q2. 46nm CRAM and Low Power DRAM were under design in, both products are expected to expand market share and to improve profitability.
As a whole, Winbond will continue to migrate into more advanced technology and develop new markets in order to pursue stable business growth and better profits.
Vice President of Finance Center & CFO
Investor Relations Dept.