Ships 3.1 Billion Units in 2019, and Continues #1 position in Serial NOR Flash since 2012
Business Wire
Date: May 18, 2020
SAN JOSE, Calif. & TAICHUNG, Taiwan–(BUSINESS WIRE)–Winbond Electronics Corporation, a global supplier of Flash memories and inventor of the popular Multi-I/O Serial Flash architecture, today announced it is now the top supplier of all NOR Flash memories worldwide.
Based on recent market data from WebFeet Research, Winbond took the number-one NOR revenue position in 2019 with a 22.8% market share. In support of this mission, shipped more than 3 billion Flash memories in 2019, which is the leadership position with 27.3% of all NOR Flash units worldwide. Additionally, Winbond has been the top supplier of Serial NOR Flash since 2012 and has 27.1% market share out of a total revenue of $2.009 B. Meeting the growing flash memory needs of its customers around the world with its own 12-inch wafer fabrication facility in Taichung – Taiwan, it has now planned to start construction of a second 12-inch wafer manufacturing facility in Kaohsiung in Southern Taiwan. This second fabrication facility will make it convenient for further expansion and growth of flash manufacturing at the Taichung facility to meet the demands of new applications of flash memories like AI, Automotive, Storage, Networking and 5G.
NOR Flash Market, Particularly Serial Flash Continues to Grow
“Worldwide Serial NOR Flash shipments will continue to grow from $2 billion in 2019 to greater than $2.89 billion by 2024,” said Alan Niebel, founder and CEO of WebFeet Research, Inc. “Winbond, a pioneer in Serial Flash memories and now the leading supplier of NOR Flash that is predominately Serial Flash, is well positioned to take advantage of this market growth with its innovation in both products and packaging ingenuity, broad product portfolio and manufacturing capabilities.”
“We are extremely pleased with the popularity of our SpiFlash memories and becoming the top NOR Flash supplier worldwide,” said J.W. Park, Technology Executive of Winbond Flash Memory. “We anticipate further growth after recovering from 2020 and are ramping production of our products to address a wide range of higher-density applications.” [FULL STORY]
