Tue, May 07, 2013 - Page 13 News List

Nanya posts 32 percent revenue rise for last month

By Lisa Wang  /  Staff reporter

Nanya Technology Corp (南亞科技), the nation’s top DRAM chipmaker, yesterday reported a revenue rise of 32 percent for last month, as customers built up inventory ahead of the Workers’ Day holiday in China, which spurred demand and lifted chip prices.

Revenue soared to NT$4.8 billion (US$162 million) last month, its strongest level in two-and-a-half years, compared with NT$3.63 billion in March. That represented an annual increase of 40.39 percent from NT$3.42 billion.

Shipments grew 22 percent sequentially last month, while chip prices rose 8.7 percent, extending the upward trend seen over the past 10 months, Nanya said in a statement.

The chipmaker said there was strong demand for DRAM chips used in consumer products such as digital and high-resolution televisions, especially from China.

DRAM chips used in consumer products made up 50 percent of Nanya’s revenue last quarter, while PC memory chips accounted for 30 percent.

Meanwhile, Inotera Memories Inc (華亞科技), a joint DRAM manufacturing venture between Nanya and US memorychip maker Micron Technology Corp, yesterday said revenue was little changed at NT$3.45 billion last month from March.

Compared with a year ago, Inotera’s revenue grew 14.8 percent from NT$3 billion. Inotera supplies 95 percent of its output to Micron.

In Taipei trading yesterday, Nanya shares fell 3.13 percent to NT$6.20, while Inotera shares climbed 0.86 percent to NT$11.70.

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