Win Semiconductors Corp (WSMIF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and good evening, ladies and gentlemen, no matter where you are. Welcome to Winsamish Resolve Webcast Conference for the fourth quarter of 2024. My name is Gilson, the Spokesman and Associate Vice President of Finance in Winsamish. Joining me on today's call are Dr. Y.T. Wang, Vice Chairman, and Kyle Chen, our CEO, and Steve Chen, our General Manager of Corporate Administration. Today's call is organized into three sections. First of all, our CEO Kyle will comment on the company's results for Q4 24 and provide brief guidance for the first quarter 2025. Secondly, I will go through the financials in detail and Dr. YC Wang will have the industry outlook to share with you. After that, we will open to the floor for Q&A. Please freely submit your questions in the input box on the webcast window throughout the conference. Before we begin, I would like to draw your attention to the State Harbor Notice on page one of the presentation slides. Please note that this presentation contains forward-looking statements. These statements are based on our current expectations. The actual result may differ materially from our expectations, and the company undertakes no obligation to update forward-looking statements going forward. Now, let me hand over the call to Mr. Kyle Chan, The CEO of Winsane. Okay, thank you, Joe, and welcome everyone. So I give you our fourth quarter performance and the guidance of the Q1 2025. Okay, in the fourth quarter of the last year, 2024, Winsane's consolidated revenue was 3.706. Billion NT dollars which is down 50% quarter-on-quarter and down 24% year-on-year. The performance is in line with our previous expectation. But analyzing this quarter-on-quarter revenue decline, I think the main reason, the primary factor was Wi-Fi PA segment. which ...