Winbond Electronics has announced revenues for May 2010 grew 5.6% sequentially to NT$2.86 billion (US$88 million), despite it traditionally being the low season. The memory chipmaker credited the results to strong demand from the NOR flash segment.
Winbond said it is on track to ramp up its monthly capacity for NOR flash memory to 10,000 wafer starts in the second half of 2010.
Winbond expects higher gross margin in the second quarter, as prices for NOR flash chips continue showing growth momentum. The pricing has gone up by 30% since the beginning of 2010.
Winbond has also raised its SDRAM (specialty DRAM) prices by 10-30% to reflect tight capacity, according to the company. The degree of the increase varied for different densities of the chip.
In addition, Winbond said it has entered mass production for Elpida Memory's GDDR chips.
Winbond's revenues for the first five months of 2010 totaled NT$12.59 billion, showing a 112.4% jump from the same period last year. The memory chipmaker in August 2009 announced plans to turn its focus away from the commodity DRAM business.
Including sales generated by logic IC subsidiary Nuvoton Technology, Winbond registered consolidated revenues of NT$3.66 billion in May. The sales figure showed 5.8% growth on month.