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To: StanX Long who wrote (60048)2/6/2002 3:17:22 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Winbond's Q4 sales jump 16% over Q3 as company changes DRAM strategy
Semiconductor Business News
(02/05/02 12:57 p.m. EST)

siliconstrategies.com

HSINCHU, Taiwan -- Taiwan's Winbond Electronic Corp. here reported sales of $169 million (NT$5.7 billion) for its fourth quarter ended Dec. 31, a 16% jump over the previous quarter but down 49% from the like period a year ago.

The chip maker also posted a loss of $121 million (NT$4.1 billion) for the quarter, compared to a profit of $214 million (NT$748 billion) a year ago.

For the year, Winbond reported sales of $691.7 million (NT$24.1 billion), a 51% drop from 2000. It also posted a loss of $305 million (NT$10.7 billion) for 2001.

The company blamed the results on the downturn of the semiconductor business, especially DRAMs. For years, Winbond has made DRAMs on a foundry basis for Japan's Toshiba Corp.

While Winbond's DRAM business fell into the red in 2001, the company also lost its technology partner as Toshiba exited from the commodity memory market.