Win Semiconductors Corp (WSMIF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and good evening, ladies and gentlemen, no matter where you are. Welcome to Winsami's Resolve webcast conference for the third quarter of 2025. My name is Joe Chen, the spokesman and associate vice president of finance in Winsami. Joining me on today's call is Steve Chen, the general manager of corporate administration. Today's call is organized into three sections. First of all, Steve will comment on the company's resolve for Q3 and provide brief guidance for Q4-25. Secondly, I will go through the financials in detail. After that, we will open to the floor for Q&A. Please freely submit your question in the input box on the webcast window throughout the conference. Before we begin, I would like to draw your attention to the safe harbor notice on page one 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 this forward-looking statement 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 conducts are consolidated revenues for the third quarter of 2025, reaching only $4.49 billion, representing a 19% increase quarter-on-quarter and a 3% increase year-on-year, slightly better than expected and making a return to both crucial and annual growth. The standalone growth margin for the quarter-on-quarter 29.1%, up 6.2% from the previous quarter, while the consolidated gross margin was 26.9%, up 8.4%. This improvement was mainly driven by higher wafer output, that capacity acceleration from 45% to 50%. A slightly more favorable product mix and 0.6% point contributed...