Non-volatile memory vendor Macronix (2337) yesterday (28) announced first quarter net loss per share of 0.25 yuan. Wu Min, chairman of Macronix demand, "said the worst situation has passed," the third quarter is expected a good chance to get rid of loss, when Nintendo large customer orders will have a critical impact on the company's full-year profit and loss balance target.
Since the end of the first quarter of Macronix net only 4.84 yuan, it has fallen below $ 5, fear of being the next to enter the full delivery shares. In addition, with regard to capital reduction issues, seeking Wu Min said that this year will not reduction, but also to do next year, will be carefully considered.
Macronix first quarter gross margin improved significantly in the last six seasons the high point, up to 15%, by 7 percentage points quarter. Macronix has continued to reduce the cast sheet, currently about eighty percent capacity utilization, inventory levels dropped to nearly 11 low season, the end of the first quarter inventory amount 8.231 billion yuan, Wu Min seek to assess, in approximately continue down 60-7000000000 yuan level .
Macronix peak performance over the year mostly in the third quarter, the fourth quarter will decline, but Wu Min seek pointed out that because Nintendo has announced that the new platform will be launched in March next year, should be ordered in advance, the fourth quarter operating Macronix It may be as good as the third quarter.
Macronix first quarter revenue of 5.086 billion yuan, quarter by 9%, but the annual growth of 8%, after-tax net loss of 891 million yuan, 1.66 billion yuan the previous quarter loss narrowed sharply, net loss per share of 0.25 yuan. Macronix said that the first quarter is the low season, showing revenue quarter by major seasonal factors affecting the demand for read-only memory (ROM) encoding type flash memory (NOR Flash) products.
Wu Min seek noted that before the introduction of Nintendo's new platform, this year sales are estimated ROM unchanged, but there is growth potential. As for the NOR Flash business, accounting for the global market has reached 21 percent last year, ranked second, is expected in the next year, a quarter, is expected to jump as the first major. Macronix expects the following 75 nm NOR Flash process products will increase% to 50% and to sell more high-capacity products, vehicles will continue to increase with field performance.
Macronix development SLC NAND field, the first two years performance skyrocket, Wu Min ask that this year will continue to grow rapidly. Wu Min seek also mentioned 12-inch plant in the past few years, it dragged down the company's operations, but then on the company's growth will be very helpful. Macronix currently ROM products to the 32 nanometer process-based, expected future processes will turn into 3D ROM, NOR Flash Now they are 55 nanometer process-based, follow-up plan will turn into the 48 nanometer process technology.
The company's NAND Flash from the 36-nanometer process turn into 19-nanometer process, estimated at the end of this year or early next year to send samples, the subsequent 2017 or 2018 and then further into the 3D NAND.
