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Nanya prices climb by up to 20 percent

Nanya Technology Corp, Taiwan’s second-biggest maker of computer-memory chips, raised prices by between 10 percent and 20 percent this month from last month as industry-wide production cuts helped ease a glut of the devices.

“Our clients have been notified about the price increases,” Nanya vice president Pai Pei-lin (白培霖), said by phone yesterday.

The chipmaker raised prices for its customers by 20 percent last month, Pai said.

Price increases may help Nanya and other chipmakers return to profit after posting losses in 2007 and last year. Makers of computer-memory chips, which temporarily hold data and help computer processors run multiple programs simultaneously, lost a combined US$12.5 billion in the past two years, the most ever, said Gartner Inc analyst Andrew Norwood in London.

Nanya shares lost 3.8 percent to NT$6.02 as of 11:55am in Taipei trading and it fell as much as 6.6 percent in earlier trade.

Hynix Semiconductor Inc is seeking to raise prices by 10 percent this month, MoneyToday reported, citing an unidentified industry official. Park Hyun, a spokesman for Hynix, declined to comment on the report.

The contract price of benchmark dynamic random access memory (DRAM) chips increased 13 percent to US$1.06 in the first half of this month, said DRAMeXchange Technology Inc, operator of Asia’s biggest spot market for semiconductors.
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