Taiwan's Winbond Electronics, which manufactures niche-market DRAM products and NOR flash chips, has announced revenues for March 2011 decreased 2.9% from a year earlier to NT$2.38 billion (US$82.2 million). Cumulative revenues from January through March, however, grew 2.1% on year to NT$7.16 billion.

Winbond posted NT$2.98 billion in March consolidated revenues, which include sales generated by logic IC subsidiary Nuvoton Technology. The figure was 9.5% higher than NT$2.72 billion in February, but 5.1% less than the NT$3.14 billion registered in March 2010.

Winbond's consolidated revenues amounted to NT$8.87 billion in the first three months of 2011, down 0.6% from the same period in 2010.

Winbond returned to profitability in 2010, after three years of losses. Earlier in 2010, the company moved to lower its sales proportion from standard DRAM to 10% in an attempt to gradually phase out the business. It successfully cut into the supply chains of several first-tier consumer electronics vendors and OEMs with its specialty DRAM and NOR chips.

Winbond is scheduled to hold an investors meeting on April 29 to discuss its financial performance for first-quarter 2011 and business outlook.