Home General Various News Win Semi expects to post flat 1Q17 revenues

Win Semi expects to post flat 1Q17 revenues

207

  • Register
Taipei, Sunday, February 12, 2017 02:30 (GMT+8)
partly cloudy
Taipei
18°C

  • Article
  • . (0)
  • Related content
  • Company info
Print Email

Win Semi expects to post flat 1Q17 revenues
Jessie Shen, DIGITIMES, Taipei [Friday 10 February 2017]

GaAs IC foundry Win Semiconductors expects to post flat sequential growth in consolidated revenues for the first quarter of 2017, while gross margin will be better than the prior quarter’s level.

Win Semi announced revenues declined 10% sequentially to NT$3.21 billion (US$103.3 million) in the fourth quarter of 2016, while gross margin fell 5.3pp on quarter to 30%. The company generated quarterly net profits of NT$550 million, down 45% on quarter, with EPS coming to NT$1.38.

Despite a slow fourth quarter, Win Semi saw its revenues and net profits for all of 2016 climb to record-high levels. Revenues soared 13% to NT$13.62 billion in 2016 while net profits increased 16% on year to NT$3.1 billion. The company reported a record EPS of NT$7.60 for 2016.

"We are pleased to report another record-high revenue and net income for the full year of 2016," Win Semi said in a statement. "This again confirms the success of our strategy in recent years to diversify into different applications and markets by leveraging our strength of multiple technologies"

Win Semi will still benefit from smartphone market growth. Though the growth is limited, new models with specs upgrades will continue to drive demand for GaAs components, the company said.

Meanwhile, Win Semi with its high-frequency, high-power component technology is confident about its business in the infrastructure and non-handset sectors during 2017. In addition, Win Semi’s newly-added optical device offering will make a solid contribution to company revenues in 2017, the GaAs IC foundry noted.

Win Semi said the company is optimistic about its revenue and profit performance in 2017, without giving specific estimates.

Tweet

Categories: Bits + chips IC manufacturing Passive, PCB, other IC components

Tags: 1Q17 revenues SEMI Win Semiconductors

Companies: Win Semiconductors

    Related stories

  • Win Semi, VPEC to post brisk 2Q17 results (Feb 7)
  • Win Semi posts record 2016 revenues (Jan 11)
  • Win Semi posts record 3Q16 profit (Nov 1)
  • Win Semi enjoys another month of record revenues (Aug 5)
  • GaAs IC foundry Win Semi 1Q16 EPS hits record (Apr 28)

Advantest
EYF Enterprises
The transition to 4k TV - UHD TV market forecast, 2014-2017
Sponsored links
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.

Buy link

  • Register
Taipei, Sunday, February 12, 2017 02:30 (GMT+8)
partly cloudy
Taipei
18°C

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here