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Macronix posts record October revenue

by DIGITIMES

ROM and flash memory chipmaker Macronix International saw its revenue hit a record high for the seventh consecutive quarter in October 2021, while revenue at fellow flash company Winbond Electronics slipped 3.1% on month.

Macronix reported revenue grew 0.6% sequentially and a robust 48.8% on year to NT$5.715 billion (US$206 million) in October 2021. Revenue for the first 10 months of this year totaled NT$41.74 billion, rising 24.7% from a year earlier.

Macronix expects to post flat sequential revenue growth in the fourth quarter of 2021, with gross margin continuing edging up. The company is upbeat about its performance next year, as the supply of NOR flash memory will remain tight.

Winbond posted October revenue of NT$8.83 billion. The company's cumulative 2021 revenue through October surged 74.6% from a year ago to NT$82.4 billion.

Specializing in specialty DRAM and NOR flash memory, Winbond has reportedly struck long-term supply deals with several of its clients. The chipmaker is being pinpointed as among the beneficiaries of specialty DRAM supply constraints next year, according to market sources.

Winbond is constructing a new plant in Kaohsiung, southern Taiwan and expects to kick off production for specialty DRAM memory in small volume at the facility in the fourth quarter of 2022. The new fab will generate 15-20% more output for specialty DRAM chips annually starting 2022, the company was quoted as saying in previous reports.

Memory IC design specialists Elite Semiconductor Memory Technology (ESMT) and Etron Technology both enjoyed over 60% on-year revenue surges in the first 10 months of 2021.

ESMT reported revenue for October 2021 climbed 28.8% on year to NT$1.97 billion. Its accumulative 2021 revenue through October grew 60.9% from a year earlier to NT$19.96 billion.

Etron saw its revenue hike over 100% from a year earlier to NT$691 million in October 2021. Revenue for the first 10 months of the year came to NT$4.81 billion, rising 64.6% on year.

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