Nuvoton Technology Holds Investor Conference for the first quarter of 2015.
Nuvoton Technology Corporation (TSE: 4919) and its parent company, Winbond Electronics Corporation (TSE: 2344), held a joint investor conference today (30) to announce operating results for the first quarter of 2015 and future prospects. The consolidated operating revenue in the first quarter of 2015 was about NT$ 1.632 billion and the gross margin rate reached 44.1%. Net income for the first quarter of 2015 was around NT$ 96 million and earnings per share of NT$ 0.46, an increase of 214% and 116% on QoQ and YoY basis respectively.
The revenue in the first quarter of 2015, as compared to the fourth quarter of 2014, increased due to the growth of ARM® Cortex®- M0 32-bit MCU applying on ETC, model airplanes and personal healthcare devices; shipment of SIO/EC that supports Intel® and AMD New Generation Desktop/NB platform; and the fact that foundry customers preparing for peak season demands in the second quarter. The increase in the gross margin rate during the first quarter of 2015, as compared to QoQ and YoY, was driven by better product mix, higher production yields and NTD depreciation.
Nuvoton indicated that the major achievements of IC business in the first quarter of 2015 were the launch of a high performance ARM® Cortex®- M4 MCU NUC505 with build-in audio CODEC and USB2.0 OTG for audio/consumer applications; and ARM® Cortex®- M4 32-bit MCU for video game accessories. In addition, Nuvoton introduced high-speed ARM® Cortex® - M0 Audio SoC ISD9300 Series and also hardware monitoring IC and voltage level shifter IC for Intel® server Grantley. For foundry service, the key achievement was the increase of shipping of pressure sensor process for wearable devices.
Nuvoton will launch a series of new products in 2015, including MCU with touch function and LCD driver for smart home appliances; ARM® 9 SoC and ARM® Cortex® - M 32-bit MCU for flying cameras and model airplanes; Audio CODEC IC for PCs and communication applications; and ARM® Cortex® - M4 Based SIO/EC for commercial PCs. Moreover, Nuvoton introduced higher cost/performance ARM® Cortex® - M4 32-bit MCU and TPM 2.0 IC (Trusted Platform Module). For foundry service, Nuvoton provides new foundry service processes including 0.6um 110V process applying on rapid charge controllers over 5W AC/DC and 0.35um 40V/60V/80V BCD processes, continuing to respond to market demands.
*Note: Nuvoton and NuVoice are registered trademarks of Nuvoton Technology Corp. All other trademarks and copyrights mentioned herein are the property of their respective owners.
About Nuvoton
Nuvoton Technology Corporation (NTC) was founded to bring innovative semiconductor solutions to the market. NTC was spun-off as a Winbond Electronics affiliate in July 2008 and became public in September 2010 on the Taiwan Stock Exchange (TSE). Nuvoton Technology focuses on development of analog/mixed signal, microcontroller, cloud and computing products and has strong market share in Industrial, Consumer and Computer markets. Nuvoton owns a wafer fab, featuring customized processes for analog, power and MCU products. Besides in-house IC products, the wafer fab also provides part of its capacity for foundry services. Nuvoton Technology provides products with a high performance/cost ratio for its customers by leveraging flexible technology, advanced design capability and integration of digital and analog technologies. Nuvoton values long term relationships with its partners and customers and is dedicated to continuous innovation of its products, processes and services. The company has established subsidiaries in the USA, China and Israel to strengthen regional customer support and global management. For more information, please visit http://www.nuvoton.com
Spokesperson:
Hsiang-Yun Fan
Tel: +886-3-5770066 ext. 3118