Local DRAM chipmaker Nanya Technology Corp (南亞科技) yesterday posted monthly revenue of NT$3.06 billion (US$103 million) for last month — its strongest monthly revenue in eight months — as prices rose almost 11 percent month-on-month amid growing concern over supply constraints.
The firm’s revenue rose 20 percent last month, compared with the NT$2.55 billion it posted in January, a company statement showed.
Last month’s revenue was an 8 percent annual decline from the NT$3.33 billion the firm posted in the same period the previous year.
Nanya reduced its losses to NT$1.51 billion last month, compared with a NT$7.5 billion loss in the same period last year, a company filing to the Taiwan Stock Exchange showed.
Average selling prices increased 10.8 percent last month from January, the Taoyuan-based chipmaker said. Shipments grew 5.6 percent month-on-month, it added.
Nanya spokesman Lee Pei-ing (李培英) said in January that prices had bottomed out in November last year and were likely to gradually rebound this quarter. He added that reduced PC DRAM chip output could lead to a global supply shortage next quarter.
Prices of mainstream DDR3 2Gb DRAM chips have soared more than 60 percent to about US$1.4 per unit from US$0.86 per unit at the end of November last year, market researcher Trendforce Corp (集邦科技) said last week.
The Taipei-based research house forecast reduced DRAM output would lead to supply constraints in the second half of this year, which could help bring DRAM chipmakers’ bottom lines to a break-even point.
Separately, Inotera Memories Inc (華亞科技), a DRAM joint venture between Nanya and US memorychip maker Micron Technology Inc, yesterday said revenue last month dropped 4.7 percent to NT$2.53 billion from NT$2.66 billion in January.
Last month’s revenue was also down 2.2 percent from NT$2.59 billion in Febuary last year, the firm said.
Shares of Nanya yesterday rose 0.31 percent to NT$3.22, hitting an 11-month high, while Inotera stock tumbled 2.61 percent to NT$6.34.
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