Win Semiconductors Corp (WSMIF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and good evening, ladies and gentlemen, no matter where you are. Welcome to WinSemi's Resolve webcast conference for the first quarter of 2025. My name is Joe Sun, spokesman and associate vice president of finance in WinSemi. Joining me on today's call is Steve Chen, general manager of corporate administration. Today's call is organized into three sections. First of all, Steve will comment on the company's results and provide brief guidance for the second quarter of 25. Secondly, I will go through the financials in detail. After that, we will open to the floor for Q&A. Please freely submit your questions in the input box and the webcast window throughout the conference. Before we begin, I would like to draw your attention to the safe harbor notice on page 1 of the presentation slide. Please note that this presentation contains forward-looking statements. These statements are based on our current expectations. Actual results may differ materially from our expectations and the company undertakes No obligation to update the forward-looking statements going forward. Now, let me hand over the call to Mr. Steve Chen, the General Manager of WinSemi. Thank you, Joe, and welcome, everyone. WinSemi consolidated revenue for the first quarter of 2025. It was $20,000. 3576 million Down 4% quarter on quarter and 20% year on year Roughly in line with our previous expectations Capacity regulation of Semiconductors Waiver foundry held steady at approximately around 35% Similar to the prior quarters However due to less favorable product mix. We think this individual growth margin was 21.9% and consolidated growth margin was 16.7%. Thus, the consolidated operating margin was negative 6.1%. Net profit contributed to the present company for the first quarter was NT $1.6 mill...