TRADE ROW: While Huawei is a client, it accounts for less than 10% of the revenue of Macronix, which mainly provides NOR flash memory chips to the Chinese firm

Taiei Times
Date: Jun 19, 2019
By Lisa Wang  /  Staff reporter, in HSINCHU

Macronix International Co (旺宏電子) yesterday said that stronger-than-expected demand for memory chips from its top client, Nintendo Co, and other new products would fuel growth momentum in the second half of this year, shrugging off the effects of the US-China trade row.

US trade sanctions on Huawei Technologies Co (華為) would barely dent the chipmaker’s shipments to the Chinese company, Macronix said.

The US ban has taken a toll on Huawei, causing its smartphone sales to drop 40 percent over the past month and could cut its revenue by US$30 billion in the next two years, Huawei founder Ren Zhengfei (任正非) told a panel discussion in Shenzhen, China, on Monday.

“Fortunately, we produce very few memory chips for mobile phones,” Macronix chairman Miin Wu (吳敏求) told reporters on the sidelines of the company’s annual general meeting, implying limited impact from the Huawei ban.    [FULL  STORY]