Memory module maker Adata Technology Co (威剛科技) yesterday said that revenue last month rose 15.28 percent monthly on the back of significant growth in shipments and an improving supply glut.
Adata’s revenue expanded to NT$2.45 billion (US$79.65 million), bringing its cumulative revenue in the first five months of this year to NT$11.79 billion.
On an annual basis, last month’s revenue fell 12.53 percent from NT$2.81 billion a year earlier, corporate data showed.
Photo courtesy of Adata Technology Co via CNA
“Capacity reductions by the world’s major memory chipmakers have helped mitigate inventory pressure on the supply chain. Some of our customers started showing improved appetite for our products,” Adata said in a statement.
“Adata expects the DRAM industry to have clear prospects in the third quarter in terms of chip price and demand, given the global economy does not deteriorate,” it said.
Adata expects the DRAM industry to bottom out next quarter.
It is adjusting upward its inventory ahead of an expected rebound in demand during the second half of this year, the company said.
Meanwhile, DRAM chipmaker Nanya Technology Corp (南亞科技) last month posted increased revenue for a third straight month at NT$2.31 billion, rising 2.17 percent from NT$2.26 billion in April.
Last month’s performance was the best since the beginning of this year, although it was down 62.74 percent from NT$6.2 billion a year earlier.
Winbond Electronics Corp (華邦電子), which makes DRAM and flash memory chips, reported a 7.98 percent monthly increase in revenue to NT$6.14 billion last month.
That translated into a decline of 30.41 percent from a year earlier.
In the January-to-May period, revenue contracted 33.71 percent annually to NT$29.34 billion.
Winbond told investors in February that the first quarter was the worst period and demand would improve from this quarter, given rising rush orders.
Macronix International Co Ltd (旺宏), the world’s biggest supplier of NOR flash memory chips, last month posted a revenue decrease of 24.2 percent month-on-month to NT$2.28 billion from about NT$3 billion in the previous month, after a brief rebound in April.
On an annual basis, its revenue dropped 35.7 percent from NT$3.55 billion a year earlier.
During the first five months of this year, revenue fell 34.9 percent year-on-year to NT$19.03 billion.
Macronix said revenue this quarter would be similar to the first quarter’s.
However, it hoped to return to the black, aided by improving demand for memory chips used in vehicles, as well as industrial and medical devices.
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