Winbond posts record Q2 2026 results as revenue jumps 184.7%

Winbond's AI-driven memory pricing surge and AP Memory's customized memory and silicon capacitor growth both produced record second-quarter 2026 results, with each company outlining expansion plans and strong demand outlooks.

Summary

Winbond Electronics and AP Memory each reported record second-quarter 2026 results, driven by strong demand tied to AI-related applications and tighter memory supply. Winbond posted consolidated revenue of NT$59.84 billion, up 56.4% from the previous quarter and 184.7% from a year earlier, with net profit attributable to owners of the parent company at NT$24.32 billion and EPS of NT$5.4, as DRAM average selling prices more than doubled from the prior quarter. AP Memory reported revenue of NT$2.36 billion, up 78% year over year, with net profit attributable to owners of the parent at NT$681 million and EPS of NT$4.18, supported by demand for IoTRAM customized memory and rising S-SiCap silicon capacitor shipments. Winbond said DRAM prices should continue rising in the third quarter and highlighted growing use of long-term supply agreements, while AP Memory said it plans to seek shareholder approval for a GDR issuance of up to 15 million new shares to support expansion.

Terms & Concepts
  • Long-Term Agreements (LTAs): Multi-year supply contracts that lock in product capacity and pricing frameworks between suppliers and customers.
  • High Bandwidth Memory (HBM): Advanced memory used in AI computing that is leading major manufacturers to shift capacity away from older DRAM products such as DDR3 and DDR4.
  • Global Depositary Receipts (GDRs): Securities issued for sale in overseas markets that represent company shares and can be used to raise capital from international investors.