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VIS, Winbond post record 2Q21 revenue

by DIGITIMES

Specialty IC foundry Vanguard International Semiconductor (VIS) and Winbond Electronics, a specialty DRAM and flash memory chipmaker, both saw their revenues hit record highs of NT$10.16 billion (US$362.4 million) and NT$25.23 billion, respectively.

VIS reported June revenue increased 4.9% sequentially to NT$3.58 billion. The 8-inch foundry's revenue for the second quarter represented a 10.6% sequential increase and also came within its guidance range of NT$9.8 billion to NT$10.2 billion.

Rising wafer shipments and ASPs drove VIS' revenue growth during the second quarter, the foundry indicated.

Winbond's June revenue grew 6.3% on month to a record high of NT$8.72 billion. Revenue for the second quarter totaled NT$25.23 billion, rising 18.3% sequentially and also hitting a quarterly high.

Winbond's board of directors approved in March 2021 a capex budget of approximately NT$13.13 billion to invest in the company's new 12-inch wafer plant located in Kaohsiung of southern Taiwan. The specialty memory chipmaker expects to materialize pilot runs at the new plant in 2022.

VIS announced recently its planned acquisition of the L3B plant of LCD panel maker AUO at the Hsinchu Science Park (HSP). The newly-acquired fab will be converted into a chip manufacturing facility, and bring in an additional output of about 40,000 8-inch wafers per month. The specialty IC foundry is also expanding output at its factory site in Taoyuan, northern Taiwan and Singapore, with the additional capacity set to come online in 2022.

VIS is accelerating its capacity ramps in 2021 as it has received commitments from a number of clients for long-term capacity demand, company chairman Leuh Fang was quoted as saying in previous reports.

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