Sat, Feb 04, 2012 - Page 12 News List

Nanya Technology revenue rises as oversupply eases

By Lisa Wang  /  Staff Reporter

Nanya Technology Corp (南亞科技), the nation’s biggest DRAM chipmaker, yesterday reported that revenue last month jumped 28 percent from December as oversupply eased and helped chip prices rebound.

Sales last month rose to NT$2.57 billion (US$87 million), from NT$2 billion in December, according to a company statement. On an annual basis, however, they were down 25 percent.

Nanya supplies DRAM chips to the world’s major PC brands, including Dell Inc and Taiwan’s Acer Inc (宏碁).

On Jan. 18, company spokesman Pai Pei-lin (白培霖) said he expected chip prices to bounce back by a low single digit percentage after bottoming out in December and as PC companies rebuild inventory.

Inotera Memories Inc (華亞科技), a DRAM venture between Nanya and US memory chipmaker Micron Technology Inc, yesterday reported a 0.3 percent increase in revenue to NT$2.82 billion last month, from NT$2.81 billion in December. However, it was down 12.6 percent from NT$3.22 billion a year earlier.

Another chipmaker, Powerchip Technology Corp (力晶科技), said sales last month reached NT$1.62 billion, down 22 percent from NT$2.08 billion in December.

Sales last month were the lowest since July 2009, when it made NT$1.48 billion.

“The decline was caused by a drastic cut in output to slow cash outflow amid a sluggish DRAM market during the fourth quarter of last year. Shipments were reduced in January,” company spokesman Eric Tang (譚仲民) said in a statement released yesterday.

Last quarter, a 20 percent cut in production from the previous quarter helped cut oversupply, market researcher TrendForce Corp (集邦科技) said in a report dated Jan. 1.

Supply exceeded demanded by 10 percent last quarter, compared with 16 percent previously, TrendForce said.

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