Nanya Technology Corp (南亞科技), the nation’s biggest DRAM chipmaker, yesterday reported its revenue last month was its weakest in 28 months due to lower shipments on slack PC demand.
Revenue fell by 9.3 percent to NT$3.44 billion (US$110.2 million) last month from NT$3.8 billion in May, as shipments sank 9 percent. In the second quarter, revenue contracted by 7.32 percent to NT$11.15 billion from NT$12.03 billion in the first quarter.
“Last month’s decline was because of reduced shipments. PC DRAM [business] is still under pressure, as last month was a slow period as usual,” Nanya senior vice president Lee Pei-ing (李培瑛) said by telephone.
However, Lee said average prices of the company’s products were stabilizing last month.
PC DRAM chips accounted for about 24 percent of the company’s total revenue in the first quarter. Chip prices might drop by less than 5 percent this quarter from last quarter, Lee said last month.
Prices of mainstream PC DRAM inched 0.46 percent lower on the spot market yesterday to US$2.173 per unit, according to tallies compiled by market researcher TrendForce Corp (集邦科技).
Contract DRAM prices fell by more than 4 percent in the second half of last month from the first half, the tallies showed.
Meanwhile, Inotera Memories Inc (華亞科技), which supplies DRAM chips solely to US-based Micron Technology Inc, yesterday reported a 0.2 percent decline in revenue for last month to NT$5.15 billion from NT$5.16 billion in May. Last month’s figure was the lowest in two years.
Revenue for last quarter also fell by 12.52 percent to NT$16.14 billion from NT$18.45 billion in the previous quarter, the company said in a filing with the Taiwan Stock Exchange.
Inotera is a DRAM manufacturing joint venture between Micron and Nanya Technology.
Sales of PC DRAM units are expected to make up about 35 percent of the company’s total revenue this quarter to hit a record low, the company said.
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