Nuvoton Technology Holds Investor Conference for the Third Quarter of 2023
Nuvoton Technology Corporation (TSE: 4919) held a virtual investor conference today (November 2nd) to announce 3Q’23 operating results and future outlook. The consolidated revenue in 3Q’23 was around NT$ 8.97 billion, net income after tax in 3Q’23 was around NT$ 599 million and earnings per share after tax was NT$ 1.43.
Nuvoton’s main products achieved solid results in the target areas in 3Q’23. With respect to “Automotive and Industrial” sector, we achieved design-in of HMI applied to meter cluster of EV motorcycle for a new customer in India and launched 4th generation of battery monitoring chipset for automotive battery control. This chipset is designed to measure the voltage and temperature of battery cells and the current of a battery pack with high accuracy. In addition, we successfully secured design-in of TOF sensor with high accuracy and low power consumption for people counting in China’s transportation system and launched KM1M4BF and KM1M7AF/KM1M7BF Series 32-bit MCUs based on Arm Cortex M4 and M7 cores for wide-ranging applications related to motor & power control, designed to improve energy efficiency. In the “Communication” sector, the design-in of CSP MOSFET for 2024 new models of smartphone and wearable devices increased continuously, and the total numbers have exceeded 2023 models. Regarding the “Computer” sector, we had achieved mass production of 30V CSP MOSFET for notebook battery protection and made design-win of the USB4 Re-Timer to a new notebook customer in Taiwan. Additionally, our achievements in the consumer sector included successfully designing in motor control MCU for home gym and portable air conditioner, as well as launching new MUG51 8-bit, low power MCU for battery-free devices, for committing to 8-bit MCU production sustainability.
Despite the slow economic recovery and seasonality, which led to limited visibility into end market demand, we will continue to provide smart and diverse range of sustainable semiconductor solutions and pave the way for our customers toward a smarter future.
* Note: Nuvoton is a registered trademark of Nuvoton Technology Corporation (Nuvoton Technology Corp.), rights and other trademarks and other writings referred to herein, are the property of their original owners.
About Nuvoton
Nuvoton Technology Corporation (Nuvoton) was founded to bring innovative semiconductor solutions to the market. Nuvoton was spun-off as a Winbond Electronics affiliate in July 2008 and went public in September 2010 on the Taiwan Stock Exchange (TWSE). Nuvoton focuses on the developments of microcontroller, microprocessor, smart home, cloud security, battery monitoring, component, visual sensing and IoT with security ICs and has strong market share in Industrial, Automotive, Communication, Consumer and Computer markets. Nuvoton owns 6-inch wafer fabs equipped with diversified processing technologies to provide professional wafer foundry services. Nuvoton 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. Nuvoton has established subsidiaries in the USA, China, Israel, India, Singapore, Korea and Japan to strengthen regional customer support and global management. For more information, please visit http://www.nuvoton.com
Spokesperson:
Hsiu-Fen Lai Vice President
Email: HFLai@nuvoton.com
Tel: +886-3-5770066 ext. 32013
News Contact:
Hao C. Huang
Email: CHHuang23@nuvoton.com
Tel: +886-3-5770066 ext.22017