SUPER BOOM: Adata chairman Simon Chen expects the DRAM market to continue a months-long trend as the supply-demand dynamic in the NAND market loses steam

Taipei Times
Date: Dec 19, 2017
By: Lisa Wang  /  Staff reporter

Adata Technology Co (威剛科技) yesterday posted a pre-tax profit of NT$2.42 billion (US$80.65 million) for the first 11 months of this year, as the world’s second-biggest memory module maker benefits from a super boom in the memory chip industry to surpass its share capital this year.

The figure exceeds the NT$1.61 billion in pre-tax profit that the company made during the whole of last year. After deducting tax, Adata earned NT$1.31 billion last year.

The strong growth momentum indicates that Adata is on course this year to post a net profit equal to its NT$2.3 billion in share capital.    [FULL  STORY]