IN CONTROL: The top memory chipmakers are keeping capacity expansion tight to maintain supply demands and keep prices up, Nanya Technology president said

Taipei Times
Date: Apr 18, 2018
By: Lisa Wang  /  Staff reporter

DRAM chipmaker Nanya Technology Corp (南亞科技) yesterday said net profits last quarter more than doubled to NT$7.23 billion (US$246 million) from a year earlier as price hikes helped raise its gross margin to a record high amid unresolved supply constraints.

On a quarterly basis, net profits tumbled 67 percent without the gain of NT$16.12 billion from sales of Micron Technology Inc shares in the fourth quarter of last year.

However, a strong NT dollar prevented the chipmaker’s bottom line from breaking a new record.

Maybank estimated that Nanya Technology would make profit totaling NT$7.9 billion last quarter.

Unfavorable foreign-exchange rates saw the company incur a loss of NT$1.18 billion last quarter.        [FULL  STORY]