Winbond Electronics Corp. reported a first-quarter net loss of NT$1.09 billion (US$36.3 million), marking its fifth consecutive quarter in the red as the specialty memory chipmaker continues to face challenging market conditions.
The Taichung-based manufacturer posted quarterly revenue of NT$19.99 billion with a gross margin of 25.6%, according to its May 5 financial statement. This resulted in an operating loss of NT$965 million and an earnings per share loss of NT$0.24.
In a parallel move, Winbond’s board approved plans to acquire shares of an undisclosed listed company from the centralized trading market for up to NT$530 million. The board also authorized NT$578 million in capital expenditures for R&D equipment, focusing on advancing 25nm and 20nm process technologies for NOR Flash and niche DRAM products.
The continuing losses come despite recent signs of recovery in the broader semiconductor industry, which saw global chip sales hit a record US$54.9 billion in February 2025, representing a 17.1% year-over-year increase.
Winbond will hold an investor conference on May 7 to provide more details on its financial situation and outlook. The strategic R&D investments suggest the company is betting on technical advancements to improve its market position in specialized memory segments despite ongoing profitability challenges.
