Wed, Sep 09, 2015 - Page 13 News List

ADATA’s revenue grows by highest level in four months

ON THE REBOUND:Revenue contribution from DRAM products, its biggest revenue source, increased to more than 40% of total revenue, the company said

By Lisa Wang  /  Staff r eporter

DRAM module maker ADATA Technology Co (威剛) yesterday said last month’s revenue expanded 6.91 percent month-on-month to NT$1.66 billion (US$50.3 million), its highest level in four months.

Last month’s revenue still represents a 28.58 percent year-on-year decline, but the company said that an uptick in prices should carry into this quarter, as inventory in the supply chain has been reduced to a low level and PC makers are launching new models equipped with the Windows 10 operating system.

“ADATA is optimistic about the third quarter as customer demand has begun to stabilize this month and inventory demand is set to continue supporting the company’s operations through the period before the Christmas vacations,” the company said in a statement.

The company last month raised prices from 12 to 15 percent for DRAM modules in expectation of seasonal demand, ending an almost one-year price slump.

ADATA said revenue contribution from DRAM products, its biggest revenue source, increased to more than 40 percent of total revenue.

Solid-state drive business accounted for more than 20 percent of its overall revenue last month, with sales of NAND Flash modules making up the remainder, the company said.

ADATA shares rose 0.17 percent to NT$28.95 yesterday on the over-the-counter market, underperforming the TPEX, which increased 0.79 percent

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