Nuvoton Technology Holds Investor Conference for the First Quarter of 2024
Nuvoton Technology Corporation (TSE: 4919) held a virtual investor conference today (May 3rd) to announce 1Q’24 operating results and outlook. The consolidated revenue in 1Q’24 was around NT$ 8.468 billion, net income after tax was around NT$ 409 million and earnings per share after tax was NT$ 0.97.
Nuvoton’s main products achieved solid results in the target areas in 1Q’24. With respect to “Automotive and Industrial” sector, we achieved mass production of TOF sensor applied for automotive smart lock to a customer in China, design-win of TOF sensor for in-carriage passenger detection to a new transportation system customer in China and design-in of the digital power MCU for a solar system customer in Korea, also, we released the MA35H0 series MPU tailored for industrial HMI applications, featuring dual Arm Cortex-A35 core, graphics acceleration, high-speed connectivity, and built-in hardware security features, operating in a temperature range of -40°C to 125°C. In the “Computer” sector, we successfully secured design-in of the USB4 Re-Timer for a new PC customer in China and released the NUC1263 series, the first MCU tailored for DDR5 gaming modules, delivering a 1.0V I3C and exclusive gaming light control through an LLSI (LED Light Strip Interface) interface. Additionally, our achievements in the “Consumer” sector included design-win of Arm® Cortex®-M4 core MCU with high performance and low power for high-end model air purifier to a new Japanese customer and design-in of the inverter MCU for new models of dehumidifier to a Chinese customer.
Looking ahead, we still adhere to a consistent diversification strategy, continuously expanding target markets and product applications, while deepening collaboration with global semiconductor supply chains and customers across various products to create new value for Nuvoton in an ever-changing market.
* 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/audio, 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, Japan and Germany 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