Win Semiconductors Corp (WSMIF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

The investor conference is about to begin. Good morning and good evening, ladies and gentlemen, no matter where you are. Welcome to Winsami's Resolve Webcast Conference for the fourth quarter of 2025. My name is Joe Teng, spokesman and associate vice president of finance in Winsami. Joining me today's call are Kyle Chen, Our CEO and Steve Chen, the 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 resolve and provide brief guidance for the first quarter of 2026. Secondly, I will go through the operational process analysis over the past two years and the financials in details. And General Manager Steve Chen 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 safe 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. 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. Kyle Chen, our CEO in WinSemi. Thank you, Joe. Hi, everyone. Welcome to join this call. For the fourth quarter of 2025, WinSemi reported consolidated revenue of the 4.794 billion NT dollars. It's up about 7% of quarter on quarter and up 29% year on year, slightly exceeding the previous expectations. Individual gross margin for the quarter was 35.1%, improving by 6% from the previous quarter. which consolidate gross margin reach 31.8. It'...