Source: TechNews Technology News
Benefiting from the high memory market prices, major memory manufacturers in Taiwan, including Nanya, Macronix, and Winbond, experienced shortened working hours in February, affecting some revenue. Next, normal working hours will resume in March, which will also drive revenue forward. Among them, DRAM major Nanya's March revenue hit an 11-year high, NOR FLASH major Macronix's March revenue grew 34.9% year-on-year, and Winbond's March revenue also reached an annual growth rate of 16.61%. It shows that although in the off-season of the traditional technology industry, orders from memory factories are still booming.
DRAM major Nanya's revenue in March was NT$6.723 billion, an increase of 13.42% from NT$5.927 billion in February, and an increase of 60.32% from NT$4.193 billion in the same period in 2017, setting a new record in 11 years. Cumulatively, revenue in the first quarter of 2018 was 18.797 billion yuan, an increase of 53.69% from the same period in 2017, and an increase of 12% from 16.783 billion yuan in the fourth quarter of 2017.
Nanya stated at a recent press conference that DRAM supply in the first quarter of 2018 was slightly lower than demand, resulting in a slight increase in overall prices. In the second quarter, when supply and demand are balanced, prices will not change much. In the second half of 2018, thanks to the traditional peak season and the emergence of new applications, including the advent of smart home products, as well as the demand for TVs, set-top boxes, and network equipment driven by sports events, the demand for DRAM will increase. promote. Moreover, judging from the impact of the expansion of production by the three major factories that is expected to be fermented at the end of the year, the DRAM market situation throughout 2018 will be cautiously optimistic.
In addition, in the Macronix part, consolidated revenue in March was NT$3.253 billion, an increase of 19.7% from NT$2.717 billion in February, and an increase of 34.9% from NT$2.411 billion in the same period in 2017. Cumulatively, consolidated revenue in the first quarter of 2018 was 9.061 billion yuan, a decrease of 2.3% from the fourth quarter of 2017, but an increase of 37.1% from the same period in 2017.
Macronix said that in the traditional off-season, thanks to the full load of 12-inch production capacity, the overall business performance will not be weak in the off-season. As for the year before last, the stable performance of high-capacity NOR Flash and the growing demand for SLC NAND Flash led to a slight increase in prices. Therefore, we are optimistic about our gross profit margin and operating performance in 2018. Macronix's net profit after tax in 2017 reached 5.518 billion yuan, and net profit per share reached 3.12 yuan, which was better than market expectations. The company decided to distribute a cash dividend of 1 yuan per share and a stock dividend of 0.2 yuan in 2018, ending the five consecutive years of no dividend payment.
As for Winbond, the consolidated revenue in March 2018 was NT$4.182 billion, an increase of 9.21% from NT$3.829 billion in February, and an increase of 14.51% from the same period in 2017. Cumulatively, the consolidated revenue in the first quarter of 2018 was 12.156 billion yuan, an increase of 16.61% compared with the same period in 2017.
Winbond said in a recent press conference that for the whole year of 2017, Winbond's consolidated revenue, including its Nuvoton Technology and other subsidiaries, was 47.592 billion yuan, and the net profit attributable to the parent company was 5.551 billion yuan. It came to 1.54 yuan, setting a new high number in 17 years. Looking forward to the operation in 2018, the two major memories, including DRAM and FLASH, currently account for half of the company's revenue, becoming the two major growth engines, which will make the entire company's operations more promising. Moreover, it is not easy for the market conditions of two products to deteriorate at the same time. Therefore, judging from the situation in 2018, the market conditions of the two major products of DRAM and Flash are still healthy, allowing Winbond to maintain steady growth in 2018.
