Nanya Technology Co (南亞科技) yesterday said its revenue for last month fell for a second straight month after its shipments dropped 6.7 percent from May.
Revenue fell 3.67 percent last month to NT$4.43 billion (US$147.1 million) from May’s NT$4.6 billion, the nation’s top DRAM chipmaker said in a statement.
While the average selling price of the company’s products rose 2.5 percent last month from May, shipments were lower than the previous month because Nanya received fewer chips from its subsidiary, Inotera Memories Inc (華亞科技), based on new supply contracts, Nanya said.
On an annual basis, Nanya’s revenue for last month surged 35.59 percent from NT$3.27 billion in June last year, the statement showed.
In the April-to-June quarter, the company’s revenue totaled NT$13.83 billion, up 49.62 percent from NT$9.25 billion in the previous quarter.
From January through last month, accumulated revenue was NT$23.08 billion, up 19.8 percent from NT$19.27 billion in the same period last year, company data showed.
STABILIZATION
Looking ahead, Nanya said its chip prices are set to hold steady in the second half of the year, as it benefits from supply constraints and new products launched by its customers.
The undersupply of DRAM because of companies’ planned cutting backing of output is a positive move for the industry, keeping DRAM prices stable and enabling companies to strengthen their financial situations.
Global output of DRAM wafers for this year is expected to decline 5 percent to 13 million 12-inch equivalent wafers from last year, according to research firm IHS iSuppli.
That means a second straight year of declining output following an 8 percent drop last year, IHS forecast last month.
INOTERA
Meanwhile, Inotera, a DRAM joint venture between Nanya and US-based Micron Technology Inc, also released its sales data yesterday, which showed last month’s revenue rose 23.9 percent month-on-month and 57.32 percent year-on-year to NT$5.15 billion.
Accumulated revenue in the second quarter surged 47.67 percent quarter-on-quarter to NT$12.75 billion, while that of the first six months increased 22.24 percent year-on-year to NT$21.38 billion, company data showed.
The figures for last month and last quarter were higher than the NT$4.5 billion and NT$12.08 billion forecast respectively by Taishin Securities Investment Advisory Co (台新投顧).
Taishin Securities expected the company to return to profit last quarter, with a net profit of NT$2.40 billion, or NT$0.4 per share. For this quarter, Inotera’s revenue is likely to rise to NT$14.23 billion with net profit of NT$3.61 billion, or NT$0.6 a share, thanks to an improved industry environment, the company’s lower operating expenses and increased cooperation with Micron, Taishin said.
Separately, local memorychip maker Winbond Electronics Corp (華邦電子) yesterday posted a 5.4 percent month-on-month decline in revenue to NT$2.84 billion for last month. Compared with June last year, revenue dropped 6.12 percent, the company said in a statement.
In the second quarter, revenue stood at NT$8.85 billion, up 15.25 percent from the first quarter, the company said.
Additional reporting by CNA
BUSINESS UPDATE: The iPhone assembler said operations outlook is expected to show quarter-on-quarter and year-on-year growth for the second quarter Hon Hai Precision Industry Co (鴻海精密) yesterday reported strong growth in sales last month, potentially raising expectations for iPhone sales while artificial intelligence (AI)-related business booms. The company, which assembles the majority of Apple Inc’s smartphones, reported a 19.03 percent rise in monthly sales to NT$510.9 billion (US$15.78 billion), from NT$429.22 billion in the same period last year. On a monthly basis, sales rose 14.16 percent, it said. The company in a statement said that last month’s revenue was a record-breaking April performance. Hon Hai, known also as Foxconn Technology Group (富士康科技集團), assembles most iPhones, but the company is diversifying its business to
Apple Inc has been developing a homegrown chip to run artificial intelligence (AI) tools in data centers, although it is unclear if the semiconductor would ever be deployed, the Wall Street Journal reported on Monday. The effort would build on Apple’s previous efforts to make in-house chips, which run in its iPhones, Macs and other devices, according to the Journal, which cited unidentified people familiar with the matter. The server project is code-named ACDC (Apple Chips in Data Center) within the company, aiming to utilize Apple’s expertise in chip design for the company’s server infrastructure, the newspaper said. While this initiative has been
GlobalWafers Co (環球晶圓), the world’s No. 3 silicon wafer supplier, yesterday said that revenue would rise moderately in the second half of this year, driven primarily by robust demand for advanced wafers used in high-bandwidth memory (HBM) chips, a key component of artificial intelligence (AI) technology. “The first quarter is the lowest point of this cycle. The second half will be better than the first for the whole semiconductor industry and for GlobalWafers,” chairwoman Doris Hsu (徐秀蘭) said during an online investors’ conference. “HBM would definitely be the key growth driver in the second half,” Hsu said. “That is our big hope
The consumer price index (CPI) last month eased to 1.95 percent, below the central bank’s 2 percent target, as food and entertainment cost increases decelerated, helped by stable egg prices, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday. The slowdown bucked predictions by policymakers and academics that inflationary pressures would build up following double-digit electricity rate hikes on April 1. “The latest CPI data came after the cost of eating out and rent grew moderately amid mixed international raw material prices,” DGBAS official Tsao Chih-hung (曹志弘) told a news conference in Taipei. The central bank in March raised interest rates by