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Macronix raises guidance for 3Q09

Press release
0

Taiwan-based mask ROM and NOR flash chipmaker Macronix International (MXIC) has raised the company's guidance for the third quarter of 2009 while acknowledging better-than-expected demand for flash products, according to the company.

In addition, Macronix has posted net sales of NT$2.84 billion (US$86.7 million) for August, up 35.9% on month and 14% on year. Accumulated revenues from January through August reached NT$15.62 billion, representing a 7% increase from 2008.

Macronix: Financial guidance for 3Q09

2Q09

3Q09

Guidance

Actual

Original

Revised

Revenue Q/Q

-

17%

10-21%

37-41%

Unit shipment Q/Q

25-30%

52%

10-15%

30-32%

ASP Q/Q

(15-20%)

(26%)

0-5%

5-7%

Gross margin

36-38%

40%

40-42%

42-44%

Capacity utilization rate

85-90%

99%

>95%

>95%

Source: Company, compiled by Digitimes, September 2009

Article translated by Jessie Shen