Nuvoton Technology: Optimize Costs to Enhance Competitiveness, Introduce New Products to Drive Growth
Nuvoton Technology Chairman Yushan Su stated during the online institutional investor briefing that the company's performance in the second quarter was poor, mainly affected by exchange rates and product mix. To address these challenges, the company will continue to optimize costs and introduce new products to enhance competitiveness. Nuvoton's revenue in the second quarter was NT$7.816 billion, a quarterly decrease of 6.55%. The gross margin was 34.9%, and the net loss after tax was NT$675 million, with a loss per share of NT$1.61.
CEO Xinlong Yang mentioned that the communications application market, due to seasonal factors, increased its revenue share from 16% in the first quarter to 21% in the second quarter; the automotive market, as it has not shown a clear recovery, decreased its revenue share from 43% in the first quarter to 38% in the second quarter.
Su Yushan said that the automotive market is expected to continue growing in the long term, and the penetration rate of electric vehicles will also continue to rise. In the short term, the market has already reached a bottom, with demand not continuing to decline, but the recovery speed is slower than expected. Regarding U.S. tariff policies, Nuvoton stated that it will closely monitor the results of the semiconductor 232 investigation and strengthen its global layout to respond.
