WIN Semiconductors

WIN Semiconductors reported financial results for the second quarter, with revenue a record NT$3,820 million (approximately $126.4 million), driven by strong demand for RFICs in smartphones.

WIN Semiconductors’ net revenue during the first two months of 2017 was NT$2,089 million (approximately $68 million), which was down 3.9 percent below the same period in 2016. WIN's previous guidance was for Q1 revenue to be flat with Q4 and gross margin better than the 30 percent achieved in Q4.

WIN Semiconductors reported a soft December quarter (Q4), reflecting the seasonality of the mobile phone market. However, revenue for the full year grew 13 percent. Q4 margins declined from a drop in capacity utilization and a decline in the value of gold inventory, reflecting the drop in gold prices.

WIN Semiconductors reported initial revenue for September and the third quarter, reflecting strong growth year-over-year, yet some softness mont-to-month and quarter-to-quarter.

WIN Semiconductors dropped its fiscal Q3 revenue outlook to a low single-digit decline from Q2, compared to the previous outlook of a single-digit increase. August revenue was NT$ 1.2 billion ($38 million), a 24 percent increase from the prior year and down 1.7 percent from the prior quarter.