Nanya Technology Corp (南亞科技), the nation’s biggest PC DRAM chipmaker, yesterday posted a third consecutive monthly decline in revenues for last month as customers reduced orders to digest inventories.
Revenues contracted 24.6 percent last month to NT$2.35 billion (US$81 million), from NT$3.11 billion in June. On an annual basis, revenues plunged 53.9 percent from NT$5.1 billion at the same period of last year.
The average selling price (ASP) for DRAM chips is expected to drop by between 10 percent and 15 percent this month from last month on a contract basis, company spokesman Pai Pei-lin (白培霖) said last month.
“We have not seen customers starting to build inventory for the back-to-school PC shopping season,” Pai said on July 19.
Nanya sells DRAM chips to the world’s major PC brands, including Hewlett-Packard Co and Dell Inc. PC demand has been slow due to weak US economic recovery and the European debt crisis as well as consumers favoring tablet devices over laptops, Pai said.
The price of benchmark DDR3 2GB chips slid 0.43 percent to US$0.92 per unit, according to Taipei-based market researcher TrendForce Corp (集邦科技). The price was lower than the cost level of US$1 and US$1.20 for most DRAM makers.
Inotera Memories Inc (華亞科), a DRAM venture between Nanya Technology and US memory giant Micron Technology Inc, yesterday said revenues shrank 9.4 percent to NT$2.98 billion last month from June, decreasing 5.77 percent from NT$3.16 billion a year earlier.