Winbond s profit in September increased by 317.29% year-on-year, and EPS reached NT$0.26

Since the memory manufacturer Winbond Electronics’ securities meet the standards for disclosure of transaction information in the centralized trading market, it has released relevant financial business and other major information to facilitate investors’ differentiated understanding. Winbond's after-tax net profit in September reached NT$1.169 billion, an increase of 317.29% from the same period in 2024, and after-tax earnings per share were NT$0.26. In addition to the announced after-tax net profit of 722 million yuan and after-tax earnings per share of 0.16 yuan in August, the cumulative after-tax net profit for two months reached 1.891 billion yuan and after-tax earnings per share of 0.42 yuan.

Winbond Chairman Jiao Youjun recently stated that the current strong demand for DDR4 is not because of the good performance of DDR4 itself, but because of the HBM craze driven by AI, which has led to the squeeze out of production capacity. Therefore, DDR4 is a lagging indicator, not a leading indicator. Therefore, when all suppliers find that the market is undersupplied, they are bound to jump in to expand production capacity. Once new capacity starts to be released, the balance of supply and demand will change.

Winbond General Manager Chen Peiming added that the rising demand for DRAM market is not just due to the business cycle, but also stems from structural changes. The core reason is that the three major international DRAM manufacturers are actively shifting to advanced processes, such as 12nm and below nodes. Combining the strong performance of the DRAM and NOR Flash markets, the company is optimistic about the fourth quarter of 2025 and overall performance in 2026. Performance is expected to continue growing and profitability will improve.