TAIPEI, Taiwan -- Winbond Electronics Corp. announced Friday (Augut 1, 2003) net sales for the 2003 second quarter of NT$6,228 million (about US$179 million), with the net loss totaling NT$791 million (about US$23 million).
For the six months ending June 30 2003, Winbond's net sales were NT$12,955 million (about US$377.5 million) with the net loss reported at NT$1,682 million (about US$48.9 million).
Winbond's revenue for the second quarter of 2003 reflected a decrease of 7 percent when compared to that of the first quarter of 2003. This was attributed to the slow season of the personal computer market which resulted in both a decrease of DRAM product shipments and average sale price.
However, when compared to the same period last year, net loss after tax improved from NT $890 million (about US$25.8 million).
The second quarter of 2003 reflected a 14 percent decrease in memory business. This was partially offset by an 8 percent increase in Winbond's logic business. While 256-Mbit DDR spot pricing went down by an average of 21 percent, Winbond's overall ASP dipped only 9 percent; owing to a favorable product mix.
Winbond said its long-term strategy of exiting from the commodity DRAM market remains unchanged.