Revenues

2016/05/13

Etron Reports the Financial Results for the first Quarter of 2016

Issued on: 2016/05/13Etron Reports the Financial Results for the first Quarter of 2016 Etron Technology, Inc. (TPEx: 5351.TW) today announces its financial results for the first quarter, ended March 31th.Etrons consolidated revenue for the first quarter was NT$ 1,699 million, down 13% from NT $1,955 million for the same period of the year 2015. The loss after tax for the first quarter 2016 was NT$68 million, the loss per share was NT$ 0.16.Suffering from the sluggish growth of global economic growth and low pressure of DRAM market, Etron is still cautiously optimistic for the future. Etrons new DDRx (DDR1/2/3) memory ICs are widely used in communication and smart home applications devoting for smart home and smart car markets as two rails of IoT. In the future business will be injected from three main streams of specialty memory products, high speed IO interface (e.g. Type-C chipset), and 3D image products (e.g. spherical video capture), latter two of which are from its subsidiary corporations.Corporate Spokesperson: Mr. Joshua HsuCorporate Deputy Spokesperson: Ms. Justine Tsai For further information, please contact: Ms. Rita Sun Tel: 886-3-578-2345 ext.8663Email: invest@etron.com