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Alliance Semiconductor Corporation Message Board

  • nowmac nowmac Jul 20, 2000 8:52 AM Flag

    Earnings

    Does anyone know when today earnings will be announced?
    TIA
    Good trading to ya.

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    • DRAM makers forecast strong earnings in the
      second half

      Taipei, July 19, 2000 (CENS)--
      Taiwan's dynamic random access memory (DRAM) makers
      forecast their net profit margins to rise 50% to 70% in
      the second half this year from the current 30% to 40%
      due to surging contract prices for 64Mb DRAM and
      extensive use of the profitable 0.18-micron technology.


      The projections were made by the top producers in the
      line here, including Winbond Electronics Corp., Mosel
      Vitelic Inc., ProMos Technologies Inc., PowerChip
      Semiconductor Corp., and Vanguard International Semiconductor
      Corp.

      Most of the chipmakers have hiked the
      contract prices of 64Mb DRAM by 6% to 7%, to US$7.5 to
      US$8.2 a chip. Some memory-module manufacturers, they
      claim, are charging up to US$8.2 to US$8.3 a chip. The
      chipmakers say that the price hikes will become more
      apparent soon.

      Weak spot prices for DRAM pushed
      the share prices of Winbond, Mosel Vitelic, ProMos,
      Vanguard, PowerChip, and DRAM designer Etron Technology
      Inc. lower on July 18 and 19. However, the companies
      say that their second-quarter performance is better
      than first-quarter. They estimate revenue to reach
      successive monthly highs into the near future.


      Analysts expect Winbond to report earnings of NT$2 billion
      (US$64.51 million at US$1:NT$31) in the first quarter and
      NT$4 billion (US$129.03 million) in the second
      quarter. Mosel Vitelic is estimated to have earnings of
      NT$2.5 billion to NT$3 billion (US$80.64 million to
      US$96.77 million) in the first half.

      Vanguard
      reported a loss in first quarter, but began turning
      profitable in the second quarter. The company is estimated
      to make a profit of NT$700 million to NT$800 million
      (US$22.58 million to US$25.8 million) in the first half.


      PowerChip reported earnings of NT$430 million (US$13.87
      million) in the first quarter and expects earnings to
      reach NT$1 billion (US$32.25 million) in the second
      half.

      The profitability of DRAM makers here
      generally increases as the gap between contract and spot
      prices narrows.

      Samsung Electronics Co. of South
      Korea reportedly posted revenue of 3.7 trillion won
      (US$3.32 billion at US$1:1,113.6 won) from its DRAM
      business in the first half, and 14 trillion won (US$12.57
      billion) overall, representing 44% of the company's goal
      for this year.

      Taiwan's DRAM makers note that
      world DRAM demand has so far be on a par with the
      supply, but it will soon exceed output.

      The use
      of the advanced 0.18-micron technology, they add,
      has boosted net profit margins to about 70%, compared
      with the 50% from production using 0.2-micron
      technology.

      Local market analysts estimate that the
      monthly revenue of Winbond and ProMos will top NT$6
      billion (US$193.54 million) and NT$4 billion (US$129.03
      million), respectively, in the fourth quarter. They
      forecast is based on expectations of surging demand.


      Dataquest Inc. and International Data Corp. of the United
      States and the Industrial Technology Information Service
      of Taiwan predict that the demand for DRAM will
      expand sharply with the explosive popularity of
      sub-US$1,000 personal computers, Internet-access devices,
      new-generation chipsets, and microprocessors. Personal computers
      in the US$1,000-plus category have been the major
      DRAM users, absorbing 2.45 billion 64Mb DRAM chips in
      1999, or around 75% of world output. The figure is
      forecast to jump to four billion chips this year and 17.6
      billion chips in 2003.

 
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