Nuvoton Technology Holds Investor Conference for the Fourth Quarter of 2023
Nuvoton Technology Corporation (TSE: 4919) held a virtual investor conference today (February 6th) to announce 4Q’23 operating results and outlook. The consolidated revenue in 4Q’23 was around NT$ 8.47 billion, net income after tax was around NT$ 707 million and earnings per share after tax was NT$ 1.68. The consolidated revenue in 2023 was around NT$ 35.348 billion, net income after tax was around NT$ 2,420 million and earnings per share after tax was NT$ 5.77.
Nuvoton’s main products achieved solid results in the target areas in 4Q’23. With respect to “Automotive and Industrial” sector, we achieved design-in of 3rd generation BM-IC applied to a new Tier1 BMS customer in China and mass production of HMI applied for Head Up Display (“HUD”) to a customer in Taiwan. Besides, our Arm® Cortex®-M4 core MCUs, the NuMicro® M467 series won the Best MCU/Driver IC of the Year at the 2023 EE Awards Asia, and the NuMicro® M463 series, has expanded its operating temperature range to an ultra-wide span from -40℃ to 125℃respectively. In the “Communication” sector, we successfully secured design-in of CSP MOSFET for li-ion battery protection to FY24 new tablet model. Regarding the “Consumer” sector, we had design-in of the motor control MCU for new models of dryer machine, air-conditioner, and heat pump to a Korean customer. Additionally, our achievements in the “Computer” sector included being the first one EC and SIO supplier to achieve certification under FIPS 140-3 standard and announcing the new eBMC chip, targeting the market of edge computing platforms, as well as mass production of the USB4 Re-Timer for a PC customer, which is the world‘s first Re-Timer with embedded e-marker.
Looking ahead, we commit to continuously improving our core competencies in accordance with the hidden champion strategy and focus on enhancing market share, broadening global presence, and maintaining proximity to the customers to build and sustain our momentum in the 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/audio, 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, Japan and Germany 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