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Technology Stocks : Spansion Inc.

CY 23.82

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Apr 16 5:00 PM EST

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From: KeithDust2000	10/7/2008 9:00:16 AM
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Winbond September sales down 40% on year Michael McManus, DIGITIMES, Taipei [Tuesday 7 October 2008] digitimes.com Winbond Electronics reported September revenues of NT$1.677 billion, a decrease of approximately 9.25% compared with NT$1.848 billion in the previous month. September's sales were also down more than 40% from the same period one year earlier. Accumulated revenues for January to September of 2008 were NT$18.05 billion, down 29% from one year earlier. September business was negatively affected by a soft DRAM pricing. Under a weakening macroeconomic environment and in order reduce losses, Winbond continues shrinking technology, driving cost reduction and adjusting production capacity to niche products. Shipments of Mobile RAM ramped up in September. Revenue of Specialty DRAM also demonstrated a positive growth thanks to the migration to 300mm wafer fab production and cost improvements. In the Commodity DRAM segment, most output was assigned to 70nm technology production to reduce costs, although the weakening prices caused revenues to drop. Winbond plans to introduce 65nm in the fourth quarter of 2008. NOR flash performed steadily in this month. NOR flash production will also migrate to 90nm technology production during the first quarter of 2009.

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