Fri, Apr 11, 2014 - Page 14 News List

Nanya reports slightly better revenue for last month

By Lisa Wang  /  Staff reporter

Nanya Technology Corp (南亞科技), the nation’s largest PC DRAM chipmaker, yesterday said revenue inched up 0.46 percent last month as average selling prices improved due to a better product mix.

However, prices will slide slightly this month because of seasonal factors, company spokesman Lee Pei-ing (李培瑛) said by telephone.

“Overall market demand will slow down a bit, but chip prices will still be quite stable,” Lee said.

Revenue rose to NT$3.77 billion (US$125 million) last month from NT$3.75 billion in February, with first-quarter revenue reaching NT$11.69 billion, down 5.88 percent from NT$12.42 billion in the final quarter last year.

Revenue from better-priced non-PC DRAM chips expanded to 75 percent last month from 72 percent the previous month, helping boosting the company’s average product prices, the chipmaker said.

Market researcher TrendForce Corp (集邦科技) said earlier this month that contract chip prices fell 1.56 percent in the second half of last month from the previous month due to seasonally weak demand.

While prices will continue falling in the rest of this year, TrendForce said most chipmakers would remain profitable as the price decline would not be as drastic as before on limited supply growth.

In a separate statement, Inotera Memories Inc (華亞科技), a DRAM joint venture between Nanya and US memory chipmaker Micron Technology Inc, yesterday said revenue grew 9.9 percent to NT$6.62 billion, compared with NT$6.02 billion in February.

Inotera's first-quarter revenue shrank 3.92 percent to NT$19.86 billion from the fourth quarter's NT$20.67 billion.

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