Nuvoton Technology Holds Investor Conference for the Second Quarter of 2023
Nuvoton Technology Corporation (TSE: 4919) held a virtual investor conference today (August 4th) to announce 2Q’23 operating results and future outlook. The consolidated revenue in 2Q’23 was around NT$ 8.953 billion, net income after tax in 2Q’23 was around NT$ 443 million and earnings per share after tax was NT$ 1.05.
Nuvoton’s main products achieved solid results in the target areas in 2Q’23. With respect to “Automotive and Industrial” sector, we achieved significant progress through mass production of HMI and TOF sensor for HUD and face recognition to new automotive customer in China, and design-in of digital power control MCU with high efficiency for EV charger to Japanese customer. We also launched a new heterogeneous multi-core NuMicro® MA35D1 series microprocessor, which combines high performance, real-time control, and high-security features, suitable for IoT edge applications. In the “Communication” sector, we had mass production of CSP MOSFET for battery protection to XR Glasses. Regarding the “Computer” sector, we reached design-win of the USB4 Re-Timer for note book customer in Taiwan. Additionally, our achievements in the consumer sector included successfully designing in TOF sensor with low power consumption for AMR obstacle avoidance to new USA customer, as well as designing in the motor control MCU for the heating & cooling heat pump.
Looking ahead to the future, although the market still requires some time to recover due to macroeconomic uncertainties and soft end market demand, we will constantly maintain Nuvoton competitiveness in the target market through deep collaboration with customers and continuous innovation and development.
* Note: Nuvoton is a registered trademark of Nuvoton Technology Corporation (Nuvoton Technology Corp.), rights and other trademarks and other writings referred to herein, are the property of their original owners.
About Nuvoton
Nuvoton Technology Corporation (Nuvoton) was founded to bring innovative semiconductor solutions to the market. Nuvoton was spun-off as a Winbond Electronics affiliate in July 2008 and went public in September 2010 on the Taiwan Stock Exchange (TWSE). Nuvoton focuses on the developments of microcontroller, microprocessor, smart home, cloud security, battery monitoring, component, visual sensing and IoT with security ICs and has strong market share in Industrial, Automotive, Communication, Consumer and Computer markets. Nuvoton owns 6-inch wafer fabs equipped with diversified processing technologies to provide professional wafer foundry services. Nuvoton provides products with a high performance/cost ratio for its customers by leveraging flexible technology, advanced design capability, and integration of digital and analog technologies. Nuvoton values long term relationships with its partners and customers and is dedicated to continuous innovation of its products, processes, and services. Nuvoton has established subsidiaries in the USA, China, Israel, India, Singapore, Korea and Japan to strengthen regional customer support and global management. For more information, please visit http://www.nuvoton.com
Spokesperson:
Hsiu-Fen Lai Vice President
Email: HFLai@nuvoton.com
Tel: +886-3-5770066 ext. 32013
News Contact:
Hao C. Huang
Email: CHHuang23@nuvoton.com
Tel: +886-3-5770066 ext.22017